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Summary of Governance Of Generative Artificial Intelligence For Companies, by Johannes Schneider et al.


Governance of Generative Artificial Intelligence for Companies

by Johannes Schneider, Pauline Kuss, Rene Abraham, Christian Meske

First submitted to arxiv on: 5 Feb 2024

Categories

  • Main: Artificial Intelligence (cs.AI)
  • Secondary: Computers and Society (cs.CY); Machine Learning (cs.LG)

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GrooveSquid.com Paper Summaries

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Summary difficulty Written by Summary
High Paper authors High Difficulty Summary
Read the original abstract here
Medium GrooveSquid.com (original content) Medium Difficulty Summary
The paper reviews recent works on Generative Artificial Intelligence (GenAI) to better understand its fundamental characteristics and develop frameworks for governing its integration within organizations. The review aims to adjust existing AI governance frameworks specifically towards GenAI, considering both technical and business perspectives. The authors extend Nickerson’s framework development processes to include prior conceptualizations and propose a tailored framework outlining scope, objectives, and governance mechanisms for harnessing business opportunities while mitigating risks associated with GenAI adoption. This research contributes practical insights for companies navigating GenAI challenges, highlighting gaps in existing frameworks.
Low GrooveSquid.com (original content) Low Difficulty Summary
This paper looks at how to govern the use of a new type of artificial intelligence called Generative AI within companies. It reviews what others have written about this topic and tries to figure out how to make it work better for businesses. The authors are trying to create guidelines that can help companies make good decisions when using GenAI, while also minimizing any potential problems. This research could be helpful for companies that want to use GenAI, but don’t know where to start.

Keywords

* Artificial intelligence