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AI for Money Managers: Avoid the Black Box – And Do This Instead

Unite.AI

The opportunities afforded by AI are truly significant – but can we trust black box AI to produce the right results? Instead of utilizing AI systems that they cannot explainblack box AI systems – they could utilize AI platforms that use transparent techniques , explaining how they arrive at their conclusions.

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Who Is Responsible If Healthcare AI Fails?

Unite.AI

At the root of AI mistakes like these is the nature of AI models themselves. Most AI today use “black box” logic, meaning no one can see how the algorithm makes decisions. Black box AI lack transparency, leading to risks like logic bias , discrimination and inaccurate results.

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Unlocking the Black Box: LIME and SHAP in the Realm of Explainable AI

Mlearning.ai

Principles of Explainable AI( Source ) Imagine a world where artificial intelligence (AI) not only makes decisions but also explains them as clearly as a human expert. This isn’t a scene from a sci-fi movie; it’s the emerging reality of Explainable AI (XAI). What is Explainable AI?

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How Do Inherently Interpretable AI Models Work? — GAMINET

Towards AI

It is very risky to apply these black-box AI systems in real-life applications, especially in sectors like banking and healthcare. For example, a deep neural net used for a loan application scorecard might deny a customer, and we will not be able to explain why. arXiv: 2003.07132 where n is the sample size.

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Using AI for Predictive Analytics in Aviation Safety

Aiiot Talk

When developers and users can’t see how AI connects data points, it is more challenging to notice flawed conclusions. Black-box AI poses a serious concern in the aviation industry. In fact, explainability is a top priority laid out in the European Union Aviation Safety Administration’s first-ever AI roadmap.

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Is Rapid AI Adoption Posing Serious Risks for Corporations?

ODSC - Open Data Science

Transparency The lack of transparency in many AI models can also cause issues. Users may not understand how these systems work and it can be difficult to figure out, especially with black-box AI. Being unable to resolve things could lead businesses to experience significant losses from unreliable AI applications.

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Enhancing AI Transparency and Trust with Composite AI

Unite.AI

The adoption of Artificial Intelligence (AI) has increased rapidly across domains such as healthcare, finance, and legal systems. However, this surge in AI usage has raised concerns about transparency and accountability. Composite AI is a cutting-edge approach to holistically tackling complex business problems.