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AI Risk Management

Lexicon on AI: US NIST crafts standards for making artificial intelligence safe and trustworthy

 No technology since nuclear fission will shape our collective future quite like artificial intelligence, so it's paramount AI systems are safe, secure, trustworthy and socially responsible. But unlike the atom bomb, this paradigm shift has been almost completely driven by the private tech sector, which has been resistant to regulation, to say the least. Billions are at stake, making the Biden administration's task of setting standards for AI safety a major challenge.To define the parameters, it has tapped a small…