As businesses adopt Artificial Intelligence (AI) in operations to improve productivity and efficiency, new dimensions have come forth related to transparency, accountability, equitability, data privacy, and model bias. This new requirement is referred to as Ethical AI.
Ethical AI has set the stage for businesses to conduct a detailed evaluation of the AI architecture that directly influences their credibility and reputation. So much so that Ethical AI has gradually found its place in the ESG evaluation of businesses.
Key Takeaways
Ethical AI takes the process architecture out of a black box, making it transparent and explainable.
It helps build clean enterprise AI governance that is gradually being considered under ESG.
It brings along trust and credibility and improves the businesses’ competitive advantage.
