In this final episode of The Power of AI in Brick by Brick, host Jason Reichl speaks with Puneet Matai, Data and AI Governance Lead at Rio Tinto Commercial, to explore the critical intersection of AI governance, risk management, and innovation in highly regulated industries, particularly focusing on financial services.
What You'll Learn:
- How to implement effective AI governance in regulated industries through clear guidelines, controls, and validation processes
- The three primary risks in AI implementation: bias/discrimination, lack of explainability, and data drift/hallucinations
- Why treating AI as "augmented intelligence" rather than artificial intelligence leads to better risk management and outcomes
- How to balance innovation demands with data privacy, ethics, and compliance requirements
- The importance of establishing AI governance frameworks before regulatory mandates
- Why organizations should maintain a mix of in-house AI talent and external expertise
- How to prepare for emerging AI regulations by knowing your AI footprint and establishing baseline governance frameworks
- Why human supervision remains critical in AI-driven client communications and decision-making processes
- The value of diversifying AI technology investments rather than committing to a single platform or provider
- How to build AI systems that are not only performant but also ethical, transparent, and fair
To find out how TrustLayer manages risk so that people can build the physical world around us, head to
TrustLayer.io.
Podcast Host: Jason Reichl
Executive Producer: Don Halliwell
Episode Highlights:
- 00:00 Intro: AI Governance in Financial Services with Puneet Matai
- 00:39 From Data Engineering to AI Governance: A Career Evolution
- 05:00 Building Strong AI Governance in Regulated Industries
- 07:10 Understanding and Preventing AI Bias in Decision Making
- 11:00 Balancing Ethics and Innovation in AI Implementation
- 14:40 AI as Augmented Intelligence: The Human-AI Partnership
- 17:30 Preparing for Emerging AI Regulations
- 23:10 Why Diversifying AI Technology Investments Matters
- 26:40 The Future of AI: Making Business Functions Smarter
- 30:10 Final Thoughts: Responsible AI Implementation
Episode Resources:
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