AI management systems: What businesses need to know
With the risks and complexity of AI, it’s important to have robust governance mechanisms. AI management systems play a crucial role in the development and deployment of AI technologies.
The potential benefits and risks of AI are formidable, for society as well as for companies. Standards that enhance transparency, data quality, and system reliability are a way to mitigate risks and maximize rewards. Incorporating desired societal and ethical outcomes based on comprehensive stakeholder inputs, they can help bridge gaps in regulation.