Are you feeling overwhelmed by the growing use of Artificial Intelligence (AI)? You’re not alone. As AI is becoming increasingly common, it’s important to understand the potential risks involved. This is where the National Institute of Standards and Technology (NIST) AI-Risk Management Framework (AI RMF) comes in!
To get started, NIST has created a helpful explainer video to guide you through their AI Risk Management Framework (AI RMF) step-by-step. This video will help you understand the core principles of AI risk management.
Introduction to the NIST AI Risk Management Framework (AI RMF 1.0)
Why is this important?
Think of the AI RMF playbook as a roadmap to help manage the risk that AI poses while keeping potential dangers in check. By understanding AI risks, you can ensure that these powerful tools are used safely and responsibly.
Whether you’re a business owner considering AI integration or simply curious about this rapidly growing technology, the NIST AI RMF is a valuable resource that provides a clear process for identifying, assessing, and mitigating risks associated with AI systems.
A Fireside Chat on NIST’s AI RMF Launch
Key Components of the NIST AI RMF
Credit: airc.nist.gov
The NIST AI RMF focuses on four key functions:
Govern: This function establishes clear policies and procedures for managing AI risks throughout your organization.
Map: This function involves identifying and documenting the AI systems you use, along with their potential risks.
Measure: This function helps you assess the severity of AI risks and define metrics for monitoring them.
Manage: This function outlines strategies for mitigating AI risks and ensuring their ongoing management.
Taking the Next Step
Click here to download this playbook from NIST today and discover how you can utilize the NIST AI RMF to establish trust and confidence in your AI projects. This paves the way for a more secure and responsible future in AI.
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