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AI Glossary

AI System Inventory

An AI System Inventory is a detailed catalog of individual AI systems that records technical, governance, operational, and risk-related information for each AI deployment.

AI System Inventory

Overview

As organizations adopt more artificial intelligence solutions, documenting each individual AI system becomes increasingly important.

An AI System Inventory is a detailed catalog of every AI system within an organization, including technical, operational, governance, and risk-related information.

Unlike a general AI inventory, an AI system inventory often contains more detailed information for each system.

This may include:

  • Model version
  • Business owner
  • Data sources
  • Deployment environment
  • Risk assessment
  • Governance approvals
  • Monitoring status
  • Documentation
  • Review history

A helpful way to think about an AI system inventory is a library catalog.

Every book has its own record containing detailed information.

Similarly, every AI system has its own record within the inventory.

AI system inventories support AI Governance, AI Audit, and AI Compliance by improving visibility and documentation.

Why It Matters

Maintaining detailed records helps organizations manage AI systems more effectively, demonstrate compliance, and prepare for audits.

Real-World Example

Before deploying a new customer service chatbot, an organization records its model version, data sources, risk assessment, approval status, monitoring requirements, and responsible business owner in its AI system inventory.

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