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Understanding the OMB Memorandum and AI Governance
![Understanding the OMB Memorandum and AI Governance Understanding the OMB Memorandum and AI Governance](https://prod2-sprcdn-assets.sprinklr.com/60506/c64868a6-793e-4e6e-8e18-25ca20c2084b-688068385/CommImage_Blog_Federal_AI_Gov.png)
On March 28th 2024, the Office of Management and Budget (OMB) issued the following memorandum—”Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence”—that represents a pivotal milestone for federal agencies and its data leaders. (Read the memorandum)
This directive compels agencies to swiftly enact a number of specific AI management protocols, including:
- Appointing a Chief Data and AI Officer (CDAIO) within 60 days
- Establishing an AI Governance Board within the same timeframe
- Developing and submitting a compliance plan within 180 days
- Creating an annual AI use case inventory
- Formulating a comprehensive AI strategy within 365 days for CFO Act agencies
If you’re in a data or AI leadership position at a federal agency, and you’re feeling an overwhelming sense of urgency, we want to help you navigate the new requirements.
Read more here.
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