Your best data science team just spent six months constructing a model that predicts customer churn with 90% accuracy. It sits unused on a server. Why? Because it's stuck within the underwriting queue for a really very long time, waiting for a committee unfamiliar with stochastic models to provide its approval. This is just not a hypothesis, however the day by day reality in most large firms. With AI, the models move at web speeds. Companies don't do this. Every few weeks a brand new model family appears, open source toolchains mutate, and whole MLOps practices are rewritten. But in most firms, anything related to production AI must undergo risk reviews, audit trails, change management boards, and model risk approvals. The result’s a growing speed gap: the research community is accelerating; the corporate is stagnating. This gap is just not a headline issue like “AI will take your job.” It's quieter and costlier: lost productivity, shadow AI sprawl, double spending, and compliance drawbacks that turn promising pilots into constant proofs of concept.
The numbers say the quiet part loudly
Two trends collide. First, the pace of innovation: industry is now the dominant force, producing the overwhelming majority of notable AI models Stanford's 2024 AI Index Report. The core inputs for this innovation are increasing at a historic pace, with the computational requirements for training rapidly doubling every few years. This pace almost guarantees rapid model change and power fragmentation. Secondly, acceptance in firms is accelerating. According to IBM 42% of huge firms have actively used AI and lots of more are actively researching it. However, the identical surveys show that governance roles are only now being formalized, leaving many firms needing to retrofit controls after implementation. Shift to the brand new regulation. The phased obligations of the EU AI law are set – bans with unacceptable risk are already lively and the transparency obligations for general purpose AI (GPAI) come into force in mid-2025, followed by high risk rules. Brussels has made it clear that there will probably be no pause. If your governance isn't ready, your roadmap will probably be.
The real blocker is just not modeling, but testing
In most firms, the slowest step isn't fine-tuning a model; It proves that your model follows certain guidelines. Three frictions dominate:
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Audit Debt: Guidelines were written for static software, not stochastic models. You can ship a microservice with unit tests; You can't “unit test” fairness drift without data access, lineage, and ongoing monitoring. If controls can’t be mapped, rankings are displayed.
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. MRM overload: Model risk management (MRM), a discipline perfected in banking, is spreading beyond the financial world – often translated literally, not functionally. Explainability and data governance checks are useful; Enforcing credit risk documentation for each chatbot with advanced data query is just not the case.
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Shadow AI proliferation: Teams adopt vertical AI inside SaaS tools without central oversight. It feels fast – until the third audit asks who owns the prompts, where embeds live, and the way data might be revoked. Urban sprawl is the illusion of speed; Integration and governance are the long-term speed.
There are frameworks, but they don't work out of the box
The NIST AI Risk Management Framework is a solid north star: govern, map, measure, manage. It is voluntary, adaptable and aligned with international standards. But it's a blueprint, not a constructing. Companies proceed to want concrete control catalogs, evidence templates and tools that convert principles into repeatable checks. The EU AI law also sets deadlines and obligations. It doesn't install your model registry, connect the lineage of your dataset, or solve the age-old query of who opts out when accuracy and bias trade off. That will soon be as much as you.
What successful firms do in another way
The front-runners I see closing the speed gap aren't chasing every model; They make the journey to production routine. Five moves appear time and again:
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Send a control layer, not a memo: Codify governance as code. Create a small library or service that enforces non-negotiables: record lineage required, evaluation suite attached, risk level chosen, PII scan passed, human-in-the-loop defined (if required). If a project fails the checks, it can’t be deployed.
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Pre-Approval Patterns: Approve reference architectures – “GPAI with Retrieval Augmented Generation (RAG) in Approved Vector Store”, “High Risk Tabular Model with Feature Store X and Bias Audit Y”, “Vendor LLM over API without data retention.” Pre-approval moves the review from bespoke debates to template compliance. (Your examiners will thanks.)
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Organize your governance by risk, not by team: Match the depth of review to the criticality of the use case (security, financial, regulated outcomes). A marketing copy assistant mustn’t face the identical challenges as a loan broker. A risk-based review is each justifiable and quick.
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Create a “proof once, reuse in all places” framework: Centralize model cards, assessment results, data sheets, prompt templates, and supplier certifications. Each subsequent audit must be 60% complete because you may have already demonstrated the commonalities.
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Make audit a product: give law, risk and compliance an actual roadmap. Instrument dashboards that display: models in production by risk level, upcoming reassessments, incidents, and data retention certificates. If the test can function independently, the technology can deliver.
A realistic rhythm for the subsequent 12 months
If you're serious about catching up, select a 12-month governance sprint:
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Quarter 1: Build a minimal AI registry (models, datasets, prompts, assessments). Design risk rating and control mapping consistent with NIST AI RMF capabilities; publish two pre-approved samples.
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Quarter 2: Turn controls into pipelines (CI checks for evaluations, data scans, model maps). Transform two fast-moving teams of shadow AI into platform AI by making the paved road easier than the back road.
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Quarter 3: Piloting a GxP-like review (a rigorous life sciences documentation standard) for a high-risk use case; Automate evidence collection. Start by analyzing your gaps in EU AI law as you touch Europe. Assign owners and deadlines.
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Quarter 4: Expand your pattern catalog (RAG, batch inference, streaming prediction). Introduce risk/compliance dashboards. Incorporate governance SLAs into your OKRs. At this point, you haven't slowed down innovation, you've standardized it. The research community can proceed on the speed of sunshine; You can proceed shipping at enterprise speeds – without the review queue becoming your critical path.
Competitive advantage isn’t the subsequent model – it’s the subsequent mile
It's tempting to chase each week's leaderboard. But the lasting advantage is the mile between paper and production: the platform, the samples, the proofs. This is what your competitors can't copy from GitHub, and it's the one technique to maintain speed without trading compliance for chaos. In other words, make governance fat, not sandstone.
Jayachander Reddy Kandakatla is a senior machine learning engineer (MLOps) at Ford Motor Credit Company.

