AI Due Diligence refers to the process of employing AI and machine learning tools to enhance the evaluation of various factors before deploying or investing in AI systems. This approach systematically assesses risks, benefits, compliance, ethical implications, data privacy concerns, algorithmic biases, and the overall impact on stakeholders. By providing a thorough evaluation framework, AI Due Diligence enables organizations and investors to make responsible and informed decisions regarding AI technologies. This process is particularly valuable in ensuring that the adoption of AI aligns with ethical standards and regulatory requirements, ultimately fostering trust and accountability in AI initiatives.
