April 20, 2023 MDG

AI risk regulation frameworks:

 

AI risk regulation frameworks:

Singapore’s Model AI Governance Framework: Soft law focused on explainable, transparent, and human-centric AI decision-making.

The Draft EU AI Act: Hard law that classifies AI systems into unacceptably risky, high-risk, and low-risk uses, and implements risk regulation for high-risk AI systems.

NIST’s AI Risk Management Framework (U.S.): Soft law that emphasizes enterprise risk management and an iterative approach to risk management.