example
What It Means
An example is a specific instance or case that illustrates how something works, what something looks like, or how a rule applies in practice. It serves as a concrete reference point that helps people understand abstract concepts, patterns, or standards by showing them in action.
Why Chief AI Officers Care
Examples are critical for AI governance and training because they establish clear patterns for acceptable AI behavior, help teams understand complex compliance requirements, and provide concrete reference points for model training and validation. Poor or biased examples can lead to flawed AI systems, regulatory violations, and operational failures that directly impact business outcomes.
Real-World Example
A financial services company creating an AI credit scoring system provides their data science team with examples of past lending decisions that comply with fair lending regulations, showing specific cases where certain demographic data was appropriately excluded from decision-making and how alternative factors were weighted instead.
Common Confusion
People often confuse examples with comprehensive documentation, thinking a few examples cover all possible scenarios. In AI contexts, examples are illustrative samples, not exhaustive rule sets, and insufficient or unrepresentative examples can create significant blind spots in system behavior.
Industry-Specific Applications
See how this term applies to healthcare, finance, manufacturing, government, tech, and insurance.
Healthcare: In healthcare, examples serve as critical tools for demonstrating clinical protocols, treatment pathways, and compliance...
Finance: In finance, examples serve as critical illustrations for demonstrating compliance with regulatory requirements, risk sce...
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Includes:
- 6 industry-specific applications
- Relevant regulations by sector
- Real compliance scenarios
- Implementation guidance
Technical Definitions
NISTNational Institute of Standards and Technology
"definition 1: "one that serves as a pattern to be imitated or not to be imitated"; definition 3: "one that is representative of all of a group or type"; definition 4: "a parallel or closely similar case especially when serving as a precedent or model"; definition 5: "an instance (such as a problem to be solved) serving to illustrate a rule or precept or to act as an exercise in the application of a rule""Source: Merriam-Webster_example
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