Anyone with a pulse on privacy news — and news in general — is aware of the boom AI has seen in the past year. While regulations and legislation are proliferating nearly as fast as the technology is developing, AI governance as a practice has yet to be established, professionalized and matured to meet its demands. Many organizations are developing and deploying AI internally but lack suitably formed AI governance functions, partly due to the newness of the technology and partly due to a lack of information sharing between organizations.
The 2024 IAPP Governance Survey seeks to gather more data to highlight the extent to which the AI governance profession has evolved in the last year. We need your insights so we can gather this data and arm you with the industry takeaways you need to establish and mature AI organizational governance.
The AI space is developing rapidly
AI development and deployment are well underway in nearly all industries. Since last year, we have seen a significant increase in regulatory action on AI governance. Significantly, this year, the EU is set to have the world's first comprehensive AI law enter into force with the EU AI Act, while the U.S. saw the granting of the Executive Order on the Safe, Secure and Trustworthy Development of AI, and many other
This surge in regulation is only set to increase as the industry continues to evolve exponentially. Data from last year's governance survey shows the AI market size has doubled since 2021 and is predicted to increase from around USD2 billion in 2023 to USD2 trillion in 2030.
Generally, the larger a company's revenue, the more likely it is to implement AI. According to the
