Generative artificial intelligence holds “tremendous promise” in nearly every facet of higher education, but there need to be guardrails, policies and strong governance for the technology, according to a new report. The report from MIT SMR Connections, a subsection within MIT Sloan Management Review, classifies itself as a “strategy guide” for responsibly using generative AI in higher ed. It points toward several institutional practices that have reaped positive results in the last two years, following the debut of ChatGPT in November 2022, which kicked off a flood of AI tools and applications.