EDITOR’ S QUESTION
How can companies ensure that AI systems are designed and implemented fairly? healthcare and finance. With this level of oversight, companies will be able to mitigate biases and ensure ethical decision-making.
This is a particularly important topic because the Asia- Pacific AI market is expected to reach US $ 110 billion by 2028. That is why it is absolutely essential that we design and deploy AI systems responsibly and ethically.
For us to get to that stage, we need to first set up some parameters that prioritise data integrity, human oversight, transparency and accountability. Even though we have seen amazing advancements in AI, these systems still require humans in the loop and cannot run on their own.
Human oversight is essential in managing AI responsibly, especially in complex sectors like
Another important parameter to consider is transparency. Since AI is now becoming more integrated into core business functions, we need to ensure there are clear policies and tooling in place when it comes to regulatory compliance, data usage, and privacy. Companies need mechanisms that would be able to log and audit AI decisions, assess their impact on stakeholders and create reporting structures for issues and complaints.
Validation is critical when it comes to fairness and data integrity. That ' s why all training data must be properly managed as this will go a long way towards reducing biases and addressing AI hallucinations.
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