Big data is creating exciting new opportunities for artificial intelligence (AI). According to Arvind Krishna, Chairman and Chief CEO of IBM, 2.5 quintillion bytes of data are produced each day. To analyze, distribute, and make use of this data, many organizations are combining AI with hybrid cloud technology. “The economic opportunity behind these technologies is […]
A 2019 survey from Gartner found that 37% of businesses and organizations employ artificial intelligence (AI), DataProt reported. However, few organizations are taking steps to mitigate the risk associated with AI systems, such as their propensity for bias and privacy infringements. A 2021 PwC research report found that just 20% of enterprises had instituted an […]
Demand for artificial intelligence (AI) is growing. According to Data Prot, a website that educates people about internet privacy, 37% of businesses and organizations employ AI technology. While AI can make organizations more efficient and profitable, these systems are not without risks, such as their propensity for bias and privacy infringements. Governments across the world […]
Only 20% of U.S. companies are fully deploying artificial intelligence (AI) for decision-making in their businesses based on survey responses from 1,000 senior business executives. According to the news site Axios, 61% of organizations are just starting to adopt AI for decision-making, while 19% are categorized as having barely begun. Surveyed business leaders are hesitant […]
Organizations that fail to prevent bias from slipping into their artificial intelligence (AI) systems may soon find themselves in regulatory trouble. As we discussed in a previous post, the U.S. Federal Trade Commission announced in April that private companies that sell biased AI systems can be subject to laws under the FTC Act, which outlaws […]
In April, the European Union (EU) and the U.S. Federal Trade Commission (FTC) each released regulations aimed at curbing the potential risks of artificial intelligence (AI). While the FTC regulations apply nationally in the U.S., enforcement of the EU regulations is left to EU member states. Both regulations apply to private companies only, though they […]
Organizations are increasingly adopting artificial intelligence (AI) standards to mitigate risks associated with the technology, such as its propensity for bias. While developing AI standards is necessary, they also need to be upheld in order to be effective. To do so, organizations can consider establishing a body of experts charged with overseeing AI standards and […]
When it comes to designing ethical artificial intelligence (AI) systems, developers usually have the best intentions. However, problems often occur when developers fail to follow their intentions, what’s dubbed the “intention-action gap.” To avoid this, a new report from the World Economic Forum and the Markkula Center for Applied Ethics at Santa Clara University, titled […]
Artificial intelligence (AI) is evolving rapidly. According to multinational professional services company, Accenture, businesses spent $306 billion USD on AI applications over the past three years. Despite the advancement of AI, there are currently no specific ethical regulations around the technology—though some governments, including the European Union, are working to establish them. Meanwhile, many organizations […]
Artificial intelligence (AI) applications are rapidly expanding, and so are the various threats they pose. From algorithms with embedded racial biases to “black box” systems that give humans no insight into an AI’s decision making process, it’s becoming increasingly clear that AI developers need to take steps to mitigate the risks. AI “Ethics-As-A-Service” Google plans […]
