Risks of AI Risk Policy: Five Lessons

It is no surprise that the introduction of AI systems also introduces the risk of bias, inequality, and responsible AI failures, on top of privacy and security concerns. Surprising, though, is the rate of the rapid proliferation of the AI Risk Management ecosystem: twenty-one draft standards and frameworks were published last year from standards organizations last year alone, and already large companies and an emerging group of startups offer tests to measure AI systems against these standards. As these frameworks …

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