Technology and AI risk encompasses the potential negative impacts arising from the use of artificial intelligence and advanced technologies. These risks include harm to individuals, organizations, and ecosystems, such as privacy violations, security breaches, and biased decision-making.
Effective risk management involves frameworks like the NIST AI Risk Management Framework, which provides guidelines for designing, developing, and deploying AI systems responsibly.
Key strategies include ensuring transparency, accountability, and resilience, as well as adhering to ethical standards and regulatory requirements. Addressing these risks is crucial for maintaining trust, safeguarding reputations, and ensuring the safe and beneficial use of AI technologies
