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Responsible AI can revolutionize tax agencies to improve citizen services

IBM Journey to AI blog

However, the latest CEO Study by the IBM Institute for the Business Value found that 72% of the surveyed government leaders say that the potential productivity gains from AI and automation are so great that they must accept significant risk to stay competitive. The FTA research indicates that this represents a 30% increase from 2018.

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What is Responsible AI and Why Do We Need It?

Analytics Vidhya

Introduction The infamous case of Microsoft’s AI chatbot Tay is a stark reminder of the potential pitfalls in AI deployment. Tay’s introduction to Twitter on March 23, 2016, showcased how AI when exposed to inappropriate content, can quickly devolve into generating offensive and harmful responses.

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Use of AI for business governance must improve at the board level

AI News

About a year ago, the fund also provided its invested companies with recommendations on integrating responsible AI to improve economic outcomes. AI is increasingly utilised across various sectors, from finance to healthcare, and the need for governance frameworks has never been greater.

Big Data 300
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Understanding Shadow AI and Its Impact on Your Business

Unite.AI

The market is booming with innovation and new AI projects. Its no surprise that businesses are rushing to use AI to stay ahead in the current fast-paced economy. However, this rapid AI adoption also presents a hidden challenge: the emergence of ‘ Shadow AI.'

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Use of AI for governance must improve at the board level

AI News

About a year ago, the fund also provided its invested companies with recommendations on integrating responsible AI to improve economic outcomes. AI is increasingly utilised across various sectors, from finance to healthcare, and the need for governance frameworks has never been greater.

Big Data 246
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Tech Leaders Highlighting the Risks of AI & the Urgency of Robust AI Regulation

Unite.AI

Tech Leaders & Their Concerns Related to the Risks of AI Geoffrey Hinton Geoffrey Hinton – a famous AI tech leader (and godfather of this field), who recently quit Google, has voiced his concerns about rapid development in AI and its potential dangers. How Can We Overcome the Risks of AI Systems?

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AI Paves a Bright Future for Banking, but Responsible Development Is King

Unite.AI

AI serves as the catalyst for innovation in banking by simplifying this sectors complex processes while improving efficiency, accuracy, and personalization. AI chatbots, for example, are now commonplace with 72% of banks reporting improved customer experience due to their implementation.