ISO/IEC 42001:2023 helps organizations:

1. Establish an AI Management System (AIMS)
   • Provides a governance model for the entire AI lifecycle: design, development, deployment, operation, and retirement.
2. Integrate AI risk management
   • Identifies and mitigates risks specific to AI (e.g. bias, opacity, autonomy, security).
3. Ensure responsible AI practices
   • Aligns development and use of AI with ethical principles (e.g. fairness, transparency, accountability).
4. Comply with regulations and stakeholder expectations
   • Helps meet legal requirements such as the EU AI Act, GDPR, or industry-specific regulations.
5. Embed continuous improvement
   • Encourages periodic review and updates of AI practices and systems.
6. Align with existing management systems
   • Compatible with other ISO standards like:
     • ISO/IEC 27001 (Information Security)
     • ISO 9001 (Quality Management)
     • ISO/IEC 38507 (Governance of IT & AI)