The importance of governance: Learning from AI advances in 2022

Over the last week, millions of people around the world have interacted with OpenAI's ChatGPT, which represents a significant advance for generative artificial intelligence (AI) and the foundation models that underpin many of these use cases. It's a fitting way to end what has been another big year for the industry. Adoption of AI among businesses is increasing, and research and AI development on foundation models is enabling use cases like generative AI to become even more sophisticated and powerful. It can help us leverage significant amounts of data to start designing and discovering new solutions to business and societal problems such as those related to sustainability, life sciences, customer care, employee experience and many more. These advances are simultaneously raising separate, but important discussions and questions within the industry: how can you trust the algorithms and outputs of these models?