US NIST publishes AI Risk Management Framework 1.0
iapp, January 27th, 2023
The U.S. took a big step in the development of a national artificial intelligence strategy with the release of the U.S. Department of Commerce National Institute of Standards and Technology's Artificial Intelligence Risk Management Framework 1.0, Jan. 26.
Required under the National AI Act of 2020, the framework is the product of 15 months of work by NIST scientists who compiled public comments from more than 240 AI stakeholders through multiple listening sessions and workshops, while producing two previous drafts of the document last year. The framework is voluntary but will help organizations deploying AI systems to enhance their trustworthiness and reduce biases, while protecting individuals' privacy.