The Demise of Responsible AI in Banking

The responsible AI team is highly empowered and very high up in the C suite. The cyber faults are completely disengaged from the topic, typically. At arm's length. Or low priority for them, because they have other things they need to deliver. So this topic is somewhat of an orphan organizationally. Without the kind of structures that the SR-117 guidance puts in place, you will not get good risk management results.