Dear Michael Klotz ,

Develop an AI Ethics Framework: Create a policy outlining your organization's values, principles, and policies for responsible AI development and use. This document should include guidelines for risk management, data privacy, bias mitigation, clarity, and accountability.

https://bigid.com/blog/what-is-ai-governance/

Regards,

Shafagat

As a Senior AI Engineer, I am aware of several standards, frameworks, and best practices for AI governance. These are designed to ensure the ethical, transparent, and accountable use of AI within organizations. Here are a few notable ones:

1. ISO/IEC 38507:2022

• Description: This standard focuses on the governance implications of the use of AI by organizations. It provides guidelines for integrating AI governance into the overall governance structure of the organization.
• Relevance: ISO/IEC 38507:2022 is essential for organizations to understand the governance issues related to AI and to implement appropriate controls and monitoring mechanisms.

2. IEEE Ethically Aligned Design (EAD)

• Description: Developed by the IEEE Global Initiative on Ethics of Autonomous and Intelligent Systems, this framework provides guidelines for the ethical design and deployment of AI systems.
• Relevance: EAD is crucial for ensuring that AI systems are designed and deployed ethically, addressing issues such as bias, transparency, and accountability.

3. NIST AI Risk Management Framework (AI RMF)

• Description: The National Institute of Standards and Technology (NIST) is developing a framework to manage risks associated with AI. The AI RMF aims to improve the reliability, safety, and trustworthiness of AI systems.
• Relevance: This framework is valuable for organizations aiming to systematically identify, assess, and manage AI risks.

4. OECD AI Principles

• Description: The Organisation for Economic Co-operation and Development (OECD) has established AI principles that promote the innovative and trustworthy use of AI. These include principles on human-centered values, fairness, transparency, and accountability.
• Relevance: OECD AI Principles serve as a foundational set of guidelines for developing responsible AI policies and practices.

5. European Commission’s Ethics Guidelines for Trustworthy AI

• Description: These guidelines outline key requirements for trustworthy AI, including human agency and oversight, technical robustness and safety, privacy and data governance, transparency, diversity, non-discrimination and fairness, societal and environmental well-being, and accountability.
• Relevance: These guidelines are particularly relevant for organizations operating in or interacting with the European Union, providing a comprehensive approach to ethical AI deployment.

6. AI Governance Principles by the World Economic Forum (WEF)

• Description: The WEF has developed AI governance principles that focus on accountability, fairness, transparency, and security in AI systems.
• Relevance: These principles are useful for global organizations looking to implement best practices in AI governance across different jurisdictions.

Suitable Frameworks for AI Governance in Companies

Among these, the most suitable frameworks for the design of AI governance in companies include:

By incorporating these standards and frameworks, companies can create a robust AI governance framework that not only meets regulatory requirements but also promotes the ethical and responsible use of AI technologies.

The following are some important standards, frameworks, and best practices that organizations can consider:

• AI Governance Strategy, Framework & Best Practices: The Ultimate Guide (nextgeninvent.com)
• Singapore’s Approach to AI Governance | https://www.pdpc.gov.sg/help-and-resources/2020/01/model-ai-governance-framework
• https://iapp.org/resources/article/ai-governance-in-practice-report/
• https://www.coe.int/en/web/artificial-intelligence/-/artificial-intelligence-human-rights-democracy-and-the-rule-of-law-framework-convention

Dear Michael Klotz AI governance is still evolving, and a set of universal standards and norms has not yet been formed. Countries and regions are actively exploring AI governance models that suit their own circumstances. EU AI Ethics Principles, OECD AI Principles, AI White Paper.

Thank you for your contributions, which I greatly appreciate.

Shafagat Mahmudova Shafagat Mahmudova: Thank you for the "NIST AI Risk Management Framework" I was unaware of.

Aarifa Gaber Aarifa Gaber: Thank you for the excellent listing, I can use a lot of it.

Hussain Nizam Hussain Nizam: Thank you, especially the "OECD Framework for the Classification of AI systems" which I found very interesting.

Ella Zhang Ella Zhang: Thank you, I found the "EU AI Ethics Principles" particularly interesting.

I will process your inputs together with our research in a working paper. If you become aware of any other norms, standards and frameworks, please post a new reply. Thank you again for your support.

Kind regards

Michael Klotz