Artificial intelligence (AI) technologies offer profoundly important strategic benefits and hazards for global businesses and government agencies. One of AI’s greatest strengths is its ability to engage in behavior typically associated with human intelligence — such as learning, planning, and problem solving. AI, however, also brings new risks to organizations and individuals, and manifests those risks in perplexing ways.
It is inevitable that AI will soon face increased regulation. Over the summer, a number of federal agencies issued guidance, commenced reviews, and sought information on AI’s disruptive and, sometimes, disorderly capabilities. The time is now for organizations to prepare for the day when they will need to demonstrate their own AI systems are accountable, transparent, trustworthy, nondiscriminatory, and secure.
There are real and daunting challenges to managing AI’s new risks. Helpfully, organizations can use some recent agency initiatives as practical guides to create or enhance AI risk-management frameworks. Viewed closely, these initiatives demonstrate that AI’s new risks can be managed in many of the same established ways as risks arising out of human intelligence. Below, we’ll outline a seven-step approach to bring a human touch to an effective AI risk-management framework. But before that, let’s take a quick look at the various related government activity over the summer.
Continue reading: https://venturebeat.com/2021/09/19/want-to-develop-a-risk-management-framework-for-ai-treat-it-like-a-human/
It is inevitable that AI will soon face increased regulation. Over the summer, a number of federal agencies issued guidance, commenced reviews, and sought information on AI’s disruptive and, sometimes, disorderly capabilities. The time is now for organizations to prepare for the day when they will need to demonstrate their own AI systems are accountable, transparent, trustworthy, nondiscriminatory, and secure.
There are real and daunting challenges to managing AI’s new risks. Helpfully, organizations can use some recent agency initiatives as practical guides to create or enhance AI risk-management frameworks. Viewed closely, these initiatives demonstrate that AI’s new risks can be managed in many of the same established ways as risks arising out of human intelligence. Below, we’ll outline a seven-step approach to bring a human touch to an effective AI risk-management framework. But before that, let’s take a quick look at the various related government activity over the summer.
Continue reading: https://venturebeat.com/2021/09/19/want-to-develop-a-risk-management-framework-for-ai-treat-it-like-a-human/
