NIST Artificial Intelligence Risk Management Framework

The NIST Artificial Intelligence Risk Management Framework (AI RMF) provides a structured approach for organizations to identify, assess, and manage potential risks associated with AI systems. It emphasizes understanding AI’s impact on safety, fairness, privacy, and security, encouraging responsible development and use. The framework guides organizations to implement best practices, establish governance, and monitor AI performance continuously, ensuring AI technologies are reliable and trustworthy while minimizing unintended consequences. Overall, it helps industries develop AI systems that are effective, ethical, and aligned with societal values.