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Exploring the NIST AI risk management framework and working group

US Commerce Secretary Gina Raimondo
US Secretary of Commerce Gina Raimondo introduced the NIST working group. Photo: Kevin Dietsch/Getty Images

A voluntary framework to support companies navigating the AI risk landscape.

Artificial intelligence (AI) has been rapidly transforming industries and reshaping our daily lives by ushering in unprecedented opportunities for automation. Naturally, this has come with some challenges. While AI’s potential is immense, the potential ethical, security, and compliance implications should be carefully examined.

The need for effective governance and