AI Jargon Buster
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What is an AI Audit?
An AI audit is a formal, systematic review of an artificial intelligence system to ensure it functions as intended, produces fair results, and follows legal and ethical standards. During this process, independent experts or internal teams examine the data used to train the system, test its decision-making logic, and verify that its outputs do not discriminate against specific groups. The goal is to identify risks, such as hidden bias or security flaws, before the technology causes harm to customers or employees. By documenting these findings, organizations can prove they are using technology responsibly and meeting the transparency requirements set by government regulators.
Why this matters to you
As laws like the EU AI Act take effect, companies face legal and financial risks if their AI systems act unfairly. An audit provides a roadmap to fix these issues, protects your brand reputation, and ensures that your automated tools remain compliant with evolving workplace safety and fairness standards.
How you might hear this
The legal department requested an AI audit of our new customer service chatbot to ensure it does not provide inaccurate financial advice to our clients.
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