(Less) Risky Business: NIST's Framework For Managing Risk Throughout The AI Value Chain

The amazing capabilities of artificial intelligence (AI) systems have been splashed across the news of late. Businesses, governments, and consumers increasingly depend on AI systems-some jaw-dropping and many no longer so-for a wide range of activities. And these AI systems are, for the most part, beneficial. They make organizations more efficient, free people from time-consuming tasks, and expand our horizons.

AI systems have dark sides, though. (Not that AI systems can be malicious-at least not yet!) AI systems can:

• Discriminate against historically disadvantaged groups in lending, employment, educational opportunities, allocation of healthcare services, and many other areas;