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Are You Ready For An AI Audit?

May 6, 2024 by Lisa Lee Leave a Comment

Is your business ready for an audit? No, not the kind involving accountants and IRS agents. We’re talking about an AI audit, a kind of check-up on your AI systems to ensure they’re operating ethically, transparently, and within regulatory guidelines, with an eye toward understanding how they make decisions. 

As generative artificial intelligence (AI) has proliferated, ethics and transparency have quickly emerged as key considerations among regulators, consumers, academics, and even private companies with skin in the game. Salesforce, for example, supports a strong but nuanced approach to AI regulation. Both the White House and members of Congress have called for independent AI audits as a way to protect the public from AI’s potential harms. But there does not exist — yet — any national standard or baseline for doing so. 

In the absence of national regulation, individual states have stepped up. According to the National Conference of State Legislatures,

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