From the course: The AI Equity Imperative: Building a More Inclusive Future with AI

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NIST AI risk management framework (RMF)

NIST AI risk management framework (RMF)

- The National Institute of Standards and Technology's AI Risk Management Framework, also known as NIST AI RMF, stands as a critical resource for organizations working with AI systems. This voluntary framework provides structured guidance to manage AI risk while promoting trustworthy and responsible AI development and use. The AI RMF is designed with flexibility in mind. It's right-preserving, non-sector specific, and use case agnostic, making it applicable to organizations of all sizes across all sectors. This adaptability ensures the framework can support diverse AI applications while addressing their unique risk profiles. The NIST Framework is structured in two parts. Part one establishes the foundation by defining intended users of the framework, helping organizations frame AI-related risk and analyzing the relationship between risk management and trustworthiness. At its core, the AI RMF aims to equip AI actors, any individuals or organizations designing, developing, deploying, or…

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