Stakeholders Advocate AI Governance Framework
Stakeholders on Wednesday called for the development of Artificial Intelligence (AI) governance framework to ensure that it was responsibly deployed. The stakeholders made the call at the 17th annual conference of the Information System Audit and Control Association (ISACA) in Abuja.
The three-day conference has its theme as: “AI and Digital Trust: A Global Perspective on Opportunities, Threats and Future Strategies.” Mr Emmanuel Omoke, President, ISACA, Abuja Chapter, said AI had should be utilised responsibly for the good everyone.
“ AI has come to stay, you cannot run away from it. The question is, how can we turn it into opportunity?
“We also have to look at how to make sure the bad aspect, the risks are turned into opportunities not just for individuals but for countries and the global community,” he said.
He added that some of the dangers associated with AI, such as its ability to alter genetics, made it necessary for stakeholders to work together on its responsible use.
Mr Tayo Koleosho, Chief of Staff to the Executive Chairman, Federal Inland Revenue Service (FIRS), said the organisaton was engaging in an electronic pricing programme to improve tax compliance and reduce the burden of audits on businesses.
Koleosho said the initiative was designed to harness and aggregate data on transactions across the country.
According to him, the system will make it easier for companies to report their taxes, while also enabling FIRS to use AI and data analytics to improve efficiency with clean and clear data.
“One of the major things is the ability to make sure that the data this intelligence are depending on are clean and accurate.
“If you don’t feed AI with clear data, it generates what we call hallucinations and then it will give false insights.
“The responsible use of data also requires the need for data privacy because this data, very a lot of it are very personal, private to these companies,” he said.
Mr Hanniel Jafaru, Executive Director, Ham Tech Career (HTC) Academy, said that only 17 out of 54 African countries had adopted national AI strategies but none had developed governance frameworks to regulate the ethical use of AI.
According to him, frameworks are needed to define acceptable practices, manage risks such as digital propaganda and deep fakes and embed ethics into AI models.
“One major way we can solve this is to institute a framework, an AI governance framework that helps in mitigating the risks.
“Countries globally are talking about AI framework, they have moved from having a strategy to having a framework and the framework helps in determining what comes forth from AI,” he said.
Mrs Sushila Nair, Chief Executive Officer, Cybernetic LLC, also called for stronger collaboration among cybersecurity professionals to safeguard critical infrastructure against global cyber threats.
Nair said that while technology powers businesses and economies worldwide, it had also exposed nations and companies to risks from criminals and non-state actors.
According to her, wars and conflicts are increasingly being fought with technology, including cyberattacks on power, telecommunications and other vital systems. “Looking across the world you will see that wars are no longer fought with bombs and guns we are now using technology.
“We are using technology in ways to be able to bring down someone’s infrastructure, their telecommunications and their power.
“We can learn from all of the different security breaches that have occurred around the world because cyber criminals have gone global.
“We need to work together to be able to secure our infrastructure so that our people are safe,” Nair said. #Stakeholders Advocate AI Governance Framework Nigerian Exchange Index Climbs as Investors Gain N203bn
