Navigating AI With Pestalozzi – Part 1: Governance

Key Takeaways

• A clear allocation of the different levels of responsibility regarding AI is essential for a safe use of AI tools.
• Establishing policies and (ethical) guidelines, regular audits, and trainings to raise awareness are key to mitigating risks posed by AI.
• AI governance – like all good governance – is not a linear process, which can be completed once, but is cyclical in nature and must be continually evaluated and revised.

Necessity of AI Governance

AI presents substantial savings and opportunities for companies, which drives its adoption across nearly all sectors. Nevertheless, according to the December 2023 IAPP-EY Professionalizing Organizational AI Governance Report, 57% of European companies indicated that they do not control their use of AI. Integrating AI into products and internal processes without robust AI governance entails significant legal, financial, and reputational risks. While Swiss law currently does not provide specific