On 21 October 2024, Australia’s National AI Centre released the AI Impact Navigator, a new framework designed to assist organisations in assessing and measuring the impact and outcomes of using AI systems. The AI Impact Navigator is for senior executives, board directors and anyway leading AI implementation, use and impact.
The tool helps users to implement Guardrail 10 the Voluntary AI Safety Standard to their operations while measuring their AI impact effectively. Using a continuous improvement cycle known as Plan, Act, Adapt, the Navigator provides a way for company leaders to communicate and discuss what’s working, what they’ve learned, and what their AI impact is.
The AI Navigator focuses on understanding and addressing AI systems’ social, environmental and economic impacts. Building on appropriate guardrails from the Voluntary AI Safety Standard helps companies publicly report on their work and impact and provides tools and templates. The Navigator has 4 dimensions to help companies measure AI impact:
- social licence and corporate transparency
- workforce and productivity
- effective AI and community impact
- customer experience and consumer rights.
Access and explore AI Impact Navigator here.