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MSPs: Your AI Contracts Are Obsolete

MSPs: Your AI Contracts Are Obsolete

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AI is transforming Managed Service Providers (MSPs) from managing technology to managing AI behavior. This episode explains why traditional service design, governance, contracts, and risk models are no longer sufficient for AI-enabled services. Learn how AI impacts ITIL service management, AI governance, MSP liability, ISO 42001, NIST AI RMF, the EU AI Act, and why AI ownership, accountability, and updated contracts are now business-critical.


In this episode, we answer:

How does AI change the nature of IT services and MSP service design?

Why are traditional MSP contracts, governance models, and risk frameworks becoming outdated with AI?

Who is accountable and liable when AI-enabled services make decisions or cause incidents?


Resources Mentioned in this Episode:

Simmons + Simmons website, article "The EU AI Act: A Quick Guide", link https://www.simmons-simmons.com/en/publications/clyimpowh000ouxgkw1oidakk/the-eu-ai-act-a-quick-guide


ISO website, standard "ISO/IEC 42001:2023", link https://www.iso.org/standard/42001


European Parliament website, regulation "EU AI Act: first regulation on artificial intelligence", link https://www.europarl.europa.eu/topics/en/article/20230601STO93804/eu-ai-act-first-regulation-on-artificial-intelligence


NIST website, AI Risk Management Framework, link https://airc.nist.gov/airmf-resources/airmf/


NIST website, The NIST AI Risk Management Framework, link https://www.nist.gov/itl/ai-risk-management-framework


ISO website, article "AI management systems: What businesses need to know", link https://www.iso.org/artificial-intelligence/ai-management-systems


European Commission website, regulation "AI Act", link https://digital-strategy.ec.europa.eu/en/policies/regulatory-framework-ai


Connect with me on:

LinkedIn: https://www.linkedin.com/in/theitsmpractice/

Website: http://www.theitsmpractice.com

And if you want more tips and guidance, follow me on LinkedIn. I am sharing daily posts regarding Enterprise Service Management, IT Service Management, and IT Security.


Credits:

Sound engineering by Alan Southgate - http://alsouthgate.co.uk/


Graphics by Yulia Kolodyazhnaya

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