Overview
ISO/IEC 42001:2023 outlines a structured framework for organizations to manage the risks and opportunities related to AI systems. It is designed to ensure responsible AI development and use, addressing key challenges such as ethics, transparency, traceability, and compliance. The standard uses the Plan-Do-Check-Act methodology to guide organizations in implementing an Artificial Intelligence Management System tailored to various AI applications. It supports ethical AI practices, enhances trust, and ensures compliance with regulatory standards while encouraging innovation. ISO/IEC 42001 applies to any organization involved in developing, providing, or utilizing AI technologies.