1. Begin with a Code of Conduct

Startups face unique challenges when it comes to implementing Responsible AI compared to established companies. With limited resources and the need for rapid deployment, startups require swift, efficient, and ongoing assessments of their AI initiatives in an ever-changing landscape.

EthosAI offers a Startup RAI Package tailored specifically to meet the needs of early-stage companies. This package provides essential Responsible AI assessment criteria in a streamlined and proven format, perfect for startups with limited time and resources. Our comprehensive services are offered at a fixed price and include the following key steps

Startup RAI Package:
  1. 1
    Establishment of a Code of Conduct
  2. 2
    AI Risk and Impact Assessment
  3. 3
    Preliminary Assessment of AI Act Risk Category
  4. 4
    Data Governance Strategy
  5. 5
    Continuous Monitoring Services

2. Navigate AI Risk and Impact Assessments Together

The AI Risk and Impact Assessment provides an overview of the risks and potential hazards associated with the development or deployment of AI applications. This initial assessment helps to identify critical factors such as personal data usage, social context, stakeholder engagement, and accountability frameworks.

Key considerations include:
  1. 1
    Use of personal data
  2. 2
    Social and political context
  3. 3
    Technological characteristics
  4. 4
    Transparency and explainability
  5. 5
    Stakeholder analysis
  6. 5
    Accountability structure

3. Explore the AI Act’s Risk Category Assessment

The upcoming EU AI Act, designed to regulate AI within the European Union, focuses on categorizing AI applications based on risk. The regulation places a strong emphasis on ‘high-risk’ applications, which will be subject to the most stringent regulatory measures.

While final classifications are still being determined, it’s advisable for startups to initiate a preliminary risk assessment now. Early identification of high-risk factors can streamline future compliance efforts, which is especially critical for startups operating in fast-paced environments.

This process includes:
  1. 1
    Industry-specific risk category assessment
  2. 2
    AI Act category requirements
  3. 3
    Compliance preparation

EthosPlatform: Monitoring Your AI Compliance

EthosPlatform is used for for AI trust, to provide comprehensive AI governance throughout the operational lifecycle of your applications. This enables continuous monitoring and risk management, ensuring your AI remains compliant with evolving regulations.

Seamless Regulation-to-Operation Translation

This excels as the only solution that directly translates regulatory requirements, such as those outlined in the AI Act, into actionable operational metrics. Its Trust Profiles feature accelerates and operationalizes all necessary requirements for AI models, regardless of whether they are developed in-house or procured. This provides AI ethics, risk, compliance, and business teams with an automated tool to manage AI models at scale without disrupting production.

Get in Touch

Whether you’re starting an AI project, seeking employee training, or looking to implement model risk management, we’re here to help. Contact us today to learn more.

We look forward to assisting you in your journey towards responsible and effective AI governance.
Subscribe To Our Newsletter