Forbes January 31, 2025
Guru Sethupathy is the founder and CEO of FairNow, a leading AI governance platform.
In the last 18 months, many regional, state and local AI laws have passed in the U.S. and around the world. My company has documented a full list of these laws, but there are also dozens of state- and country-level bills working their way through the legislative process.
These laws and regulations are mandatory and enforceable, but companies should also be aware of the emerging standards for responsible AI development. While voluntary, these guidelines provide best practices to ensure safety, fairness and transparency. Some of the best-known standards include ISO 42001 and 23894, NIST AI Risk Management Framework (RMF) and Singapore AI Verify.
Standards can describe...
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