12 AI Risk Management

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As organizations increasingly rely on AI for critical decision-making and incorporate it into different areas of their businesses, effective AI risk management should be a top priority. Ensuring safe and compliant deployment of ML systems is essential to establish trustworthiness in the AI solutions. However, many organizations and individuals have very limited understanding of the risks associated with AI systems, often resulting in outcomes that may negatively impact organizations financially or legally. In this chapter, we will explore key AI risk ...

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