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ARTICLE · 18 OCTOBER 2023

U.S. National Institute Of Standards And Technology Releases AI Risk Management Framework

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The National Institute of Standards and Technology ("NIST") has released its AI Risk Management Framework ("AI RMF") as a resource to reportedly assist individuals, organizations, and society identify risks associated with artificial intelligence.

United StatesTechnology

The National Institute of Standards and Technology ("NIST") has released its AI Risk Management Framework ("AI RMF") as a resource to reportedly assist individuals, organizations, and society identify risks associated with artificial intelligence ("AI").

On January 26, 2023, NIST released the first version of the AI RMF, along with the NIST AI RMF Playbook, the AI RMF Explainer Video, the AI RMF Roadmap, the AI RMF Crosswalk, and various Perspectives. NIST reports that the framework is aimed to assist individuals, organizations, and society better manage risks associated with AI.

The AI RMF seeks to promote trustworthy and responsible AI by assisting organizations in their design, development, deployment, and use of AI systems, taking into consideration both the potential for AI to drive positive scientific advancements, but also the potential risks associated that could negatively impact individuals, groups, society, and the planet.

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