QuestionQ84

AI Life Cycle Risk Management

After which of the following events is it MOST critical to update risk ratings?

Explanation

Observed discriminatory outputs provide direct evidence of harmful bias and may change both the likelihood and severity of adverse impacts on affected groups. AI risk ratings should therefore be promptly reassessed and reprioritized. NIST’s AI Risk Management Framework identifies likelihood and magnitude of harmful impacts, including reports of errors and impacts on affected communities, as inputs to ongoing risk assessment and management.

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