Which of the following best describes the scope of ISO/IEC 42001:2023?

Prepare for the IAPP AI Governance Test with our study tools, including flashcards and multiple-choice questions. Each question comes with helpful hints and explanations to boost your readiness.

The correct answer highlights that ISO/IEC 42001:2023 is designed to be applicable across various sizes and industries involved in artificial intelligence. This inclusivity is essential as AI technology is utilized by a diverse range of sectors, from healthcare and finance to manufacturing and retail. By encompassing organizations of all sizes, ISO/IEC 42001:2023 recognizes the widespread impact of AI and promotes governance practices that are relevant and beneficial for small startups, large corporations, and everything in between.

This broad applicability ensures that it can help establish frameworks and guidelines that enhance AI governance universally, allowing organizations to effectively manage risks, enhance transparency, and promote ethical practices in AI, regardless of their scale or industry focus. The design of the standard reflects the need for a comprehensive governance structure that is relevant to the entire AI ecosystem, rather than being confined to a specific category of organizations.

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