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Governing the Future: AI Governance in the Modern Economy
Abstract
This chapter looks at the important role of AI governance in promoting ethical, clear, and accountable AI practices across different industries. It gives a close look at key governance frameworks, the economic and social effects of AI, and the strategic policy suggestions needed for effective implementation. By examining real-world case studies, the chapter shows the challenges and benefits of strong AI governance. It offers practical guidelines for businesses and policymakers to handle the challenges that come with AI technologies. The chapter also talks about the need to address biases, ensure fairness, and build public trust, while predicting future trends that stress the importance of global cooperation and adaptable governance in a fast-moving digital world. It highlights the need for continuous learning and engaging stakeholders to keep governance frameworks up-to-date and effective.
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