Accept. Avoid. Mitigate. Transfer.
Those four still work for AI risk.
Here's what changed: AI is non-deterministic.
Same prompt. Same data.
You can get a different output.
Perfect control is a fantasy.
You manage 𝘱𝘳𝘰𝘣𝘢𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴.
How to do it?
Document:
- What deviation is acceptable
- What outputs trigger review
- What data is off-limits
- Who approves exceptions
Treat AI like a system with a known error rate.
Then set guardrails that match your risk appetite.