Remove Explainability Remove Explainable AI Remove Responsible AI
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AI Explainability and Its Immediate Impact on Legal Tech – Insights from Expert Discussion  

AI News

Last week, leading experts from academia, industry, and regulatory backgrounds gathered to discuss the legal and commercial implications of AI explainability, with a particular focus on its impact in retail. “Transparency is key.

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With Generative AI Advances, The Time to Tackle Responsible AI Is Now

Unite.AI

Today, seven in 10 companies are experimenting with generative AI, meaning that the number of AI models in production will skyrocket over the coming years. As a result, industry discussions around responsible AI have taken on greater urgency.

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Considerations for addressing the core dimensions of responsible AI for Amazon Bedrock applications

AWS Machine Learning Blog

The rapid advancement of generative AI promises transformative innovation, yet it also presents significant challenges. Concerns about legal implications, accuracy of AI-generated outputs, data privacy, and broader societal impacts have underscored the importance of responsible AI development.

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Navigating AI Bias: A Guide for Responsible Development

Unite.AI

Even AI-powered customer service tools can show bias, offering different levels of assistance based on a customers name or speech pattern. Lack of Transparency and Explainability Many AI models operate as “black boxes,” making their decision-making processes unclear.

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3 key reasons why your organization needs Responsible AI

IBM Journey to AI blog

Gartner predicts that the market for artificial intelligence (AI) software will reach almost $134.8 Achieving Responsible AI As building and scaling AI models for your organization becomes more business critical, achieving Responsible AI (RAI) should be considered a highly relevant topic. billion by 2025.

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

Unite.AI

For example, an AI model trained on biased or flawed data could disproportionately reject loan applications from certain demographic groups, potentially exposing banks to reputational risks, lawsuits, regulatory action, or a mix of the three. The average cost of a data breach in financial services is $4.45

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Enhancing AI Transparency and Trust with Composite AI

Unite.AI

As organizations strive for responsible and effective AI, Composite AI stands at the forefront, bridging the gap between complexity and clarity. The Need for Explainability The demand for Explainable AI arises from the opacity of AI systems, which creates a significant trust gap between users and these algorithms.