This paper by Hart Johnson, Executive Managing Director of DevSecOps at Elixir, explains a secure, sustainable approach to integrating AI in regulated industries like healthcare, insurance, and finance: Pragmatic AI.
Here's what to expect from Pragmatic AI: A Framework for Responsible Integration in Regulated Industries:
- Definitions for key AI adoption concepts
- Arguments for why security and innovation aren't mutually exclusive when adopting AI
- 4 steps to take now to start exploring pragmatic AI for your business
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Our take: Businesses in healthcare, insurance, and finance shouldn't blindly trust the AI hype cycle.
We pioneered customer communications management (CCM), and we're evolving to help regulated industries stay on top of new opportunities and challenges. Our customers that manage PII and PHI know they need to modernize to stay relevant, but many are unsure how to start integrating AI in a safe, compliant way.
If that sounds familiar, consider this guide a starting point for mapping your company's journey with AI.
ADOPTING A SUSTAINABLE AI APPROACH
How Regulated Companies Can Navigate the Risk of AI Hype
For companies in regulated industries, even a single misstep can lead to huge fines, kick off litigation, shatter customer trust, and ruin your brand reputation. AI is supposed to enhance efficiency and customer experience, but 'doing AI' for its own sake can bring as much risk as benefit.
It doesn't have to be that way. Download our pragmatic AI white paper and get a framework that helps you...
- Define your mission, values, and regulatory details to serve as guiding principles in your use of AI.
- Ensure fairness, transparency, privacy, and governance, no matter how you use AI.
- Build a Secure AI Development Lifecycle (SAIDL), from evaluating risk to deploying and monitoring.
- Form a cross-functional task force to set the groundwork for future AI advisory in your company.
The 'move fast and break things' ethos of traditional tech disruption is fundamentally incompatible with industries built on a bedrock of trust and fiduciary duty.
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Start (or Accelerate) Your AI Journey the Right Way
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