"Organizations should tailor contract requirements for procured AI systems based on levels of risk."
In this article, Ashley Casovan and Var Shankar (both with the Responsible AI Institute) outline the case for using a risk-based approach early in the process of buying AI software.
"As an organization develops responsible AI capacity, adopting a risk-based approach to AI procurement can promote a thoughtful and measured understanding of AI within different parts of an organization, overstating neither the benefits nor the risks of AI systems."
Read the full article to learn more.