Part 12/14:
While large enterprises possess the resources to build tailored responsible AI frameworks, it’s often more practical to leverage external expertise, especially for niche domains. Creating in-house capability for tasks like explainability, bias correction, and compliance necessitates substantial research investment.
A balanced approach involves:
Utilizing established platforms and solutions from major vendors for core functionalities.
Augmenting with specialized niche solutions for complex tasks.
Collaborating with experienced partners to implement and validate responsible AI practices.
This hybrid model ensures organizations benefit from both technological sophistication and domain expertise without the prohibitive costs of developing everything internally.