Glossary
Updated
Required under ISO 42001 Clause 6.1.4, this assessment differs from a standard risk assessment by focusing on external harms rather than internal organizational risks. It forces teams to consider dimensions like civil liberties, environmental impact, and economic displacement, mapping how an AI system might change the life of an end-user or community.
Example
An autonomous vehicle company conducts an AI System Impact Assessment to determine how their navigation model affects traffic patterns in low-income neighborhoods versus high-income areas.