NIST Issues Artificial Intelligence Risk Management Framework

On January 26, 2023, the National Institute of Standards and Technology (NIST) issued the Risk Management Framework for the use of artificial intelligence (AI), in a trustworthy manner. WilmerHale’s Ariel Soiffer and Wei Xiao discuss the Risk Management Framework principles for managing risks related to validity and reliability, safety, security and resiliency, explainability, interpretability, privacy, and fairness and bias. 

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