ISO 42001 (A.I. Management Systems)
ISO 42001 has been one of the leading standards for the past few months due to the recent changes and how its new introduction makes AI tools to be held accountable in terms of explainability and the results they provide to companies. From data collection to decision-making, artificial intelligence has been fulfilling many roles within a single business, which makes people, be it clients or government entities, to question where the decisions, results, and information it provides and collects are coming from.
At ISO Pros, we take the entire process seriously and focus on how you can implement ISO 42001 so that all these doubts and questions can go away. But focusing on these questions, what is the standard that makes all of them disappear?
First, ISO 42001 is entirely focused on your AI management system, which means it establishes guidelines, regulations, and certain “rules” of what needs to be done and what it must include. Most of these are based on what AI is missing as a whole: accountability, explainability, ethics, and responsibility.
Considering that AI tends to generate information without giving you too many details about where it came from and how it has been making decisions with it, it is natural having those aspects being brought up by the organizations and institutions that regulate operations and businesses.
Second, since AI management systems are heavily involved in how you handle your company as a whole, having control over it is crucial while still knowing what compliance involves.
Third, ISO 42001 also builds trust because it addresses fairness, responsibility, and helps you build a well-structured framework that is all about control and limitations on what gets done or not.
Finally, it establishes rules that manage the questions surrounding its use and how ethic it is to rely on it.
What About Companies that Barely Implement Artificial Intelligence?
There is a fine line between implementing it or not if you have AI as a tool or system in your business.
Companies that implement AI heavily and rely on it for several tasks and even decision-making will have to, without a doubt, implement the standard to get the most out of it and fulfill compliance with legal and ethical regulations.
For companies that are in the limbo and don’t know if their AI system or tool and its small involvement requires compliance, this is what we suggest: you do.
Having an entire system already implies you will utilize AI for more, which leads to following standards and having to comply with all aspects of the laws and ethical use of the tool. Moreover, individual use of artificial intelligence also raises questions as you get audited by a government entity or organization.
For those implementing AI as a small tool, you may not need compliance for the most part, but you want to ask yourself if having it as a future system is possible. If so, compliance early in the process is better than waiting to have an established system.
Feel free to contact us and discuss with our professionals what it entails and if your company, in specific, requires ISO 42001 implementation.