AI resources update: 1. Guidance for Risk Management of AI systems | 2. AI Risk Mitigation Taxonomy
This article is part of an ongoing series looking at AI in KM, and KM in AI.
Two new additions to RealKM Magazine‘s ever-growing set of resources to assist the implementation of ethical and responsible artificial intelligence (AI) in knowledge management (KM) deal with the management of AI risks:
- Guidance for Risk Management of Artificial Intelligence systems
- AI Risk Mitigation Taxonomy.
1. Guidance for Risk Management of Artificial Intelligence systems
The publication Guidance for Risk Management of Artificial Intelligence systems aims at providing valuable insights and practical recommendations to help identify and mitigate common technical risks associated with AI systems, helping in the protection of personal data.
The guide has been produced by the European Data Protection Supervisor for European Union Institutions, Bodies, Offices and Agencies (EUIs). However, it has wider application, particularly as the risk management approach put forward aligns with ISO 31000:2018 – Risk management — Guidelines.
With thanks to Peter Slattery, PhD on LinkedIn.
2. AI Risk Mitigation Taxonomy
The AI Risk Mitigation Taxonomy is an aspect of the MIT AI Risk Initiative, which aims to increase awareness and adoption of best practice AI risk management across the AI ecosystem. The MIT AI Risk Initiative has previously produced the AI Risk Repository.
The AI Risk Mitigation Taxonomy has three parts:
- The AI Risk Mitigation Database captures 831 mitigations extracted from 13 existing frameworks and classifications of AI risk mitigations.
- The Draft AI Risk Mitigation Taxonomy organizes mitigations into 4 main categories and 23 subcategories.
- The Taxonomy Categories include: Governance & Oversight Controls, Technical & Security Controls, Operational Process Controls, and Transparency & Accountability Controls.
With thanks to Peter Slattery, PhD on LinkedIn.
Header image source: Created by Bruce Boyes with Microsoft Designer Image Creator.
