NIST Debuts Long-Anticipated AI Risk Management Framework
GCN, January 30th, 2023
With the launch of the AI RMF 1.0, federal researchers focused on four core functions to structure how all organizations evaluate and introduce more trustworthy AI systems.
The National Institute of Standards and Technology unveiled its long-awaited Artificial Intelligence Risk Management Framework on Thursday morning, representing the culmination of an 18-month-long project that aims to be universally applicable to any AI technology across all sectors.
Increasing trustworthiness and mitigating risk are the two major themes of the framework, which NIST Director Laurie Locascio introduced as guidance to help organizations develop low-risk AI systems. The document outlines types of risk commonly found in AI and machine learning technology and how entities can build ethical, trustworthy systems.