EY is creating a 'value realization' office to make sure its AI spending pays off

Matthias Balk/picture alliance via Getty Images Centralizing AI governance is critical for managing costs and ensuring the technology drives returns. EY has created an "AI Value Realization Office" to govern its AI strategy. Creating an office will be a "critical part" of clients' AI journeys as well, said Dan Diasio, EY's global consulting AI leader. AI can't be managed by any existing department, so EY is creating a new one. The Big Four firm is setting up a new function called the "AI…