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CII Releases Guidebook for Ethical AI Governance in Indian Businesses

The comprehensive framework emphasizes board-level leadership, ethical principles, and interdisciplinary collaboration to ensure responsible AI adoption.

Artificial intelligence
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AI Governance Frameworks Essential To Ensure Accountability and Manage Risks: CII

Overview

  • The Confederation of Indian Industry (CII) has officially launched a guidebook to help company boards establish effective AI governance frameworks.
  • The guidebook outlines key values such as integrity, responsibility, security, fairness, accountability, and transparency to guide ethical decision-making.
  • It emphasizes the critical role of board directors in steering responsible AI adoption and aligning AI strategies with corporate objectives.
  • The publication advocates for a balanced approach, including ethical guidelines, risk management protocols, and regular audits, to ensure sustainable and accountable AI use.
  • CII highlights the importance of interdisciplinary collaboration among AI experts, legal advisors, and business leaders to minimize risks and build stakeholder trust.