Companies now monitor AI & risk to ensure a better tomorrow!

To use technology for good, we need more companies like these.

AI is a powerful tool that can transform multiple industries, including health-care, mobility and retail. But both in its development and use, it interacts with humans. This is why we need to be proactive and make sure that its impact, is a positive one!

Good news: “A growing ecosystem of ‘responsible AI’ ventures promise to help organisations monitor and fix their AI models” says this recent blog post by MIT Technology Review. For the time being, these companies aid in mitigating risks. However, their goal is to move from risk to impact. As political scientist, Rumman Chowdhury says: “Risk is the language people understand today, and it’s a very valuable language, but risk is often reactive and responsive. Impact is more proactive, and that’s actually the better way to frame what it is that we should be doing”

Thinking of using AI in your business? Be proactive and click below to read more about this now.

Worried about your firm’s AI ethics? These startups are here to help.

Parity is among a growing crop of startups promising organizations ways to develop, monitor, and fix their AI models. They offer a range of products and services from bias-mitigation tools to explainability platforms. Initially most of their clients came from heavily regulated industries like finance and health care.

For more #technology stories, click here.

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