The International Organization for Standardization (ISO) published ISO/IEC 42001:2023 on 18 December 2023. This new standard provides a framework for organisations involved in the development, deployment or use of AI-based products and services.
ISO/IEC 42001:2023 outlines requirements and provides guidance for establishing and maintaining AI management systems within an organisation's context. It provides a framework for organisations to responsibly manage AI systems. It addresses the need for specific management strategies due to the unique characteristics of AI, such as opaque decision-making and continuous learning. It aims to integrate AI management into the organisation's existing processes, focusing on AI-specific issues such as transparency, security and fairness. It emphasises a risk-based approach to managing different AI applications and aligns with other management system standards to ensure consistency across different parts of the organisation. The document does not prioritise requirements but provides guidelines for implementing processes that ensure the responsible use of AI and demonstrate organisational accountability in AI management.
Notably, this standard is expected to become a common reference point in vendor-buyer agreements, similar to other established standards from organisations such as the National Institute of Standards and Technology (NIST) and the ISO. A key distinction highlighted by the ISO is that ISO/IEC 42001:2023 is a management systems standard (MSS). This means that organisations must proactively create policies and standards to address the risks of AI systems following a "plan-do-check-act" methodology.
As AI continues to shape various industries, the ISO's latest standard sets the stage for the responsible development and use of AI and provides a structured approach for organisations to follow that may also help them to comply with the EU's AI Act in the future.
For more information or to purchase the full ISO/IEC 42001:2023 standard, please visit the ISO website here.
Stay tuned for more updates and insights on AI-related developments.