The Office of Management and Budget (OMB) has taken a decisive step in regulating artificial intelligence (AI) usage within federal agencies. This move, underscored by Vice President Harris’s recent announcement, is pivotal in advancing governance, innovation, and risk management. The discussion will dissect the OMB’s new policy, its implications for AI in government operations, and how it aligns with broader AI governance trends.

The Enterprise Data Lifecycle (EDLC) refers to the eight stages that data goes through from its creation to its eventual disposal as seen from the strategic enterprise perspective. At Peregrine, we view the EDLC as a frameworked process that outlines the natural progression of data over its lifetime. This enables organizations to create data management structures that correspond to the various stages of the EDLC process while driving enterprise-wide data cultures that support data-driven decisions.