The Next AI Frontier: AI Safety Audits and Standards

In a significant gathering at the World Economic Forum in Davos, the focus on AI safety took center stage, particularly at a session led by LatticeFlow. This session, held at the AI House - a collaboration between the ETH AI Center and Merantix, brought together experts from academia, industry, and governance to explore the implementation of AI safety audits and standards. Highlighting the crucial role of trust and transparency, particularly in sensitive sectors like finance, the discussions underscored the necessity of third-party assessments and the integration of safety measures from the early stages of AI development. The consensus pointed towards the establishment of AI standards and audits as essential for ensuring safety and building industry trust, with a survey revealing a significant lack of confidence in AI among executives.