AI Risk Profiles: A Standards Proposal for Pre-deployment AI Risk Disclosures

16 Jan 2025 · MIT AI Risk Repository – Blog Global

A structured pre-deployment risk disclosure taxonomy could inform how Australian agencies assess and document AI risks before procurement or deployment.

Key points

Summary

Sherman and Eisenberg (2024) propose a standardised AI risk profiling framework built on nine high-level risk categories - covering abuse and misuse, compliance, fairness, privacy, security, performance, explainability, environmental impact, and long-term risks. The framework is designed to support procurement decisions, triage further risk assessment, and inform regulatory frameworks, and is positioned as a 'lingua franca' bridging technical and non-technical stakeholders. Practical application to well-known commercial AI systems makes it immediately usable by practitioners. The MIT AI Risk Repository is spotlighting it as one of eleven frameworks in its curated collection.

Implications for Australian agencies

Implications are AI-generated. Starting points, not advice.