What do corporates feel about innovation in AI?
Can AI help to predict the future?
Part III: What do corporates feel about innovation in AI?
John Miranda, Market Insights Manager at Intel Corporation focused on the aspect of ethics and trust in AI as companies are adapting to change, “As AI begins to impact our lives with use cases such as making credit decisions to recommending clinical treatment attention has been shifting towards the ethics of AI systems. Our chief concern is that widely noted deep learning algorithms, by their very design lack transparency, and will absorb unintended biases found in training data. Regulatory bodies are emerging globally to address the ethical use of AI as acceptable practices and legal frameworks emerge, however it is early days for solutions. In response, companies are forming internal and industry bodies that help shape corporate policy in this area.”
„As AI begins to impact our lives with use cases such as making credit decisions to recommending clinical treatment attention has been shifting towards the ethics of AI systems.“
The most prominent question raised in his talk was how AI will eventually be driving action with leadership decisions and what will be the degree of involvement? He probes, “When is actually the time that AI will be influencing executives to drive investment decisions? When will they be able to decide where they are putting their next half-billion dollar investment through AI? AI is still a long way from understanding the cause and effect relationship.”
Read more about AI Tech Foresight in Part IV: How do you understand Machine Learning and its relationship with Precision Medicine?