Amidst the transformative wave of artificial intelligence (AI) invoked in the digital ecosystem, the Organization for Economic Cooperation and Development (OECD) has introduced a comprehensive set of AI principles, a framework aimed at guiding responsible and effective AI adoption. These principles promise to revolutionize industries and redefine the way businesses operate.

Today, software permeates every aspect of life, and artificial intelligence (AI) is becoming increasingly integral to business operations. As AI systems grow in complexity and ubiquity, ensuring their reliability, safety, and effectiveness is paramount.

Large Language Models (LLMs) have garnered significant attention since the mass-market introduction of pre-trained chatbots in late 2022. Companies keen to take advantage of LLMs quickly incorporate them into their services and processes.

To address the risks and challenges of AI adoption and use, the National Institute of Standards and Technology (NIST) has developed the AI Risk Management Framework (AI RMF), a voluntary framework designed to help organizations manage the risks associated with AI technologies.

The EU AI Act is a landmark piece of legislation that sets the stage for a new era of Artificial Intelligence governance. Aimed at promoting trustworthy AI, the Act emphasizes (among others) fairness, transparency, accountability, and safety in AI systems.