Generative AI tools offer numerous benefits. They expedite R&D efforts, contribute to testing environments, help explore possibilities and support innovation and decision-making. However, using these tools bear risks such as outputs with fake content, false facts and unlawful bias. They may also trigger IP issues and entail confidentiality, privacy and security implications.
A corporate AI framework should assess the use, set guidelines, comply with laws and regulations, create awareness, and maintain control. By establishing a framework, organizations can foster a responsible deployment of these tools, harness the benefits, build trust and promote the corporate goals and brand, while mitigating the associated risks.
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