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.