Caitlin E. O'Neil authored Rochester Business Journal article "Turning AI Governance Into Your Business’s Best Practice," discussing what it is and how it should be used. 

"AI can improve operational efficiencies of a business or process, but even the smartest machine cannot self-correct for ethics or compliance.  The tradeoff for an organization using an AI system’s computing power is the need for system oversight or vigilance about intended use and outcomes.  Establishing and implementing a governance system as outlined above is an important first step toward responsible AI use."