The world of artificial intelligence (AI) experienced unprecedented growth and transformation in 2024, with advancements in Responsible AI, global regulations, and the rise of AI literacy shaping the future of the industry.
In the final Lunchtime BABLing episode of the year, BABL AI leaders Shea Brown (CEO), Jeffery Recker (COO), and Bryan Ilg (CSO) reflect on the major milestones of the past year and share their predictions for 2025. \
Key Highlights from 2024
- The Rapid Growth of Responsible AI
2024 marked a significant shift in how businesses approach AI governance, with algorithmic auditing becoming a key focus. Companies are embracing frameworks to ensure fairness, transparency, and accountability in their AI systems, particularly in response to new regulations.
- The Role of Large Language Models in AI Audits
Large language models like ChatGPT are redefining operational workflows and audits, enabling organizations to streamline processes while ensuring compliance with governance standards.
- A Global Wave of AI Regulations
From the EU AI Act to the Colorado AI Act and beyond, countries worldwide introduced or expanded AI regulations, setting the stage for a globally harmonized approach to AI governance. The team delves into the implications of these laws and how they’re reshaping industries.
- The Rise of AI Literacy and Competency
With the growing reliance on AI, businesses are prioritizing education and upskilling to stay competitive. 2024 saw a “race for competency” as organizations focused on equipping their teams with the knowledge and skills needed to navigate the AI landscape effectively.
- Trends to Watch in 2025: AI Agents and Beyond
Looking ahead, the team explores the potential of AI agents—automated systems capable of decision-making—and their transformative yet risky impact on industries.
Preparing for the Future: What Lies Ahead in 2025
- AI Compliance and ISO 42001
As regulations evolve, standards like ISO 42001 are emerging as critical benchmarks for AI governance. The team discusses how businesses can prepare internally to meet these requirements and ensure alignment with best practices.
- Education as the Cornerstone of AI Governance
Education will continue to play a pivotal role in shaping AI’s future. BABL AI’s free online course, *Introduction to Responsible AI*, available until January 13, 2025, offers professionals the opportunity to earn a certification badge and participate in live Q&A sessions.
- The Global Regulatory Landscape
The global response to AI regulation is becoming more cohesive, with frameworks like the EU AI Act influencing policies worldwide. The team predicts increased collaboration among governments, industries, and academia to create a unified approach to AI governance.
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