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ISO / IEC · December 2023 · Playbook

ISO/IEC 42001:2023 AI management systems (overview: What businesses need to know)

ISO/IEC 42001:2023 AI management systems (overview: What businesses need to know) is a 2023 guide from ISO / IEC. Its core idea: the first certifiable AI management system standard, run like ISO 9001 or 27001.

Read the original report ↗Cite2 min read · Summary updated
Plan-Do-Check-Act
the first certifiable AI management system standard, run like ISO 9001 or 27001
Source: ISO / IEC, ISO/IEC 42001:2023 AI management systems (overview: What businesses need to know), December 2023.

Key ideas

  1. 01
    ISO/IEC 42001 is described as the world's first AI management system standard, published December 2023 (edition 1, 51 pages).
  2. 02
    Uses a Plan-Do-Check-Act cycle with periodic AI risk assessment and treatment, similar to ISO 9001 and ISO/IEC 27001.
  3. 03
    Certifiable by third-party auditors; ISO's free overview explains it, while the standard itself must be purchased.

What it means for you Draft

For executives at $10–100M companies

Most $10–100M firms do not need certification. Read the free overview if enterprise customers are starting to ask for AI governance evidence, or if you already hold ISO 27001 and could extend that system. Skip buying the standard until a customer contract requires it.

Limitations

High trust.International standards body using a consensus process; overview is neutral, though the standard is sold and feeds a certification industry.

About the publisher: Sells the full standard text.

Cite the original

ISO / IEC. "ISO/IEC 42001:2023 AI management systems (overview: What businesses need to know)." December 2023. https://www.iso.org/artificial-intelligence/ai-management-systems

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