ISAS 610 Unit 8 Assignment Directions: Managing and Mitigating Risks in AI Integration

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This assignment focuses on the essential skills needed to manage and mitigate risks when integrating artificial intelligence (AI) into information systems (IS). You will identify key risks, assess their impacts, and suggest practical mitigation strategies. You will better understand the risks associated with AI integration into IS and evaluate the potential impacts of these risks. You will also propose straightforward mitigation strategies.

Instructions:

Using the provided report outline, you will complete the task for each section and then synthesize your findings into a coherent, well-structured report.

The report needs to be organized into clear sections. Review the title and objective for each of these sections:

  1. Risk identification: To develop a foundational understanding of the potential hazards that AI can introduce when incorporated into existing information systems
  2. Impact analysis: To assess how these risks could realistically affect an organization, focusing on operational integrity and the potential for disruptions
  3. Risk mitigation: To devise practical solutions that can reduce or manage the identified risks effectively, promoting safer and more ethical AI use within organizations
  4. Personal reflection: To integrate personal insights and ethical considerations, enhancing students’ understanding of the broader implications of AI deployment in real-world scenarios

Report Outline:

Section 1. Understand the Risks Associated with AI Integration Into IS

Task: Identification of Key Risks

  • Identify three major risks related to AI integration into IS. This initial step helps students become aware of the complexity and diversity of risks that come with AI technologies, setting the stage for deeper exploration.

Section 2. Evaluate the Potential Impacts of These Risks

Task: Impact Analysis

  • Discuss the possible impacts of each identified risk. This involves thinking critically about the operational consequences of each risk, such as efficiency losses, security breaches, or ethical issues, thus providing practical context to theoretical knowledge.

Section 3. Propose Straightforward Mitigation Strategies

Task: Risk Mitigation Strategies

  • For each risk, suggest a mitigation strategy and explain its effectiveness. This task encourages you to think strategically and practically about how to implement safeguards and controls that ensure AI systems operate within acceptable ethical and operational boundaries.

Section 4. Personal Reflection

Task: Personal Reflection

  • Reflect on personal views or observed real-world cases regarding AI integration into IS. This section challenges you to consider the ethical dimensions of AI, the balance between innovation and integrity, and the societal implications of technological advancements. It helps solidify your understanding of responsible AI deployment by connecting theory with personal and observed experiences.

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