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Policy gaps and governance models for artificial intelligence require careful attention from stakeholders across the regulatory landscape, as demonstrated by comparative analysis of existing frameworks.

Key context and overview; The article examines how voluntary governance frameworks in Corporate Social Responsibility (CSR) and AI domains can complement each other to build more robust AI governance systems.

  • A comparison between ISO 26000 (CSR framework) and NIST AI Risk Management Framework reveals critical gaps in current AI governance approaches
  • Unlike CSR frameworks, AI governance lacks standardized reporting mechanisms and metrics for risk assessment
  • Framework effectiveness depends heavily on ecosystem integration rather than isolated implementation

ISO 26000 as a model framework; The CSR standard demonstrates how voluntary frameworks can succeed when supported by complementary mechanisms and reporting standards.

  • Developed with input from 90+ countries and 40 international organizations
  • Functions within an ecosystem of interconnected standards and regulatory requirements
  • Success stems from flexibility in local adaptation while maintaining global consistency
  • Integrates with practical reporting tools like the Global Reporting Initiative (GRI)

Current state of AI governance; The NIST AI Risk Management Framework represents a significant step forward but reveals several ecosystem weaknesses.

  • Framework provides systematic guidance through four functions: Govern, Map, Measure, and Manage
  • Lacks standardized reporting mechanisms comparable to GRI in the CSR domain
  • Organizations struggle with communication barriers between policy and technical teams
  • Rapid AI advancement often outpaces governance mechanisms

Key recommendations; Drawing from CSR experience, several priorities emerge for strengthening AI governance.

  • Develop comprehensive metrics for measuring algorithmic bias, model explainability, and system accountability
  • Create verification infrastructure combining technical expertise with practical implementation experience
  • Establish cross-border reporting standards that work across jurisdictions
  • Implement continuous monitoring systems rather than annual reporting cycles

Looking ahead: Bridging implementation gaps; Success in AI governance will require careful attention to ecosystem development and standards integration.

  • Research must evaluate how voluntary frameworks interact with regulations
  • Metrics development demands balance between technical precision and practical applicability
  • Global coordination remains essential for effective implementation
  • Stakeholder engagement across technical and policy domains will be crucial for success

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