Managing Artificial Intelligence Algorithmic Discrimination: The Internal Audit Function Role

Artificial intelligenceArtificial Intelligence (AI) (AI) systemsSystem bring exciting opportunities for organizations to speed up their processes and have a competitive advantage. However, some weaknesses come with some of the AI systemsAI systems. For example, artificial intelligenceArtificial Intelligence (AI) biasBias may occur due to AI algorithmsAlgorithms. The algorithmsAlgorithms’ discriminationDiscrimination or biasBias may result in organizational reputational risk. This chapter aims to conduct a literature review to synthesize the role of the internal audit function (IAF) in dataData governance. The chapter will investigate the measures that may be put in place by the IAF to assist the organizations in being socially responsible and managing risks when implementing artificial intelligenceArtificial Intelligence (AI) algorithmsAlgorithms. A literature review will be undertaken using articles recently published with similar keywords for the chapter and the most cited articles from high-impact factor journals. The findings and contributions of the chapter will be updated after the chapter.