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THE REVOLUTIONARY POTENTIAL OF AI

Responsible AI demands that businesses, governments and

technology leaders recognize they have a duty to manage all

negative consequences of AI. It is an understanding that the

development of AI needs to be guided by, above all, ethics.

Economic growth will always be a key driver for AI

development, but Responsible AI will ensure that it is never at

the cost of overall human wellbeing. To meet this objective,

transparency is critical, and AI must comply fully with all

relevant regulatory requirements.

What are the consequences of getting the transition to AI

wrong? Unlike many of the "fear, uncertainty and dread"

narratives that often meet the arrival of new technologies, the

harmful potential of AI is real. Even today, in our immature

phase of AI development, examples abound of what happens

when AI applications are not trained or tested in the right

way. Take the numerous accidents involving autonomous

vehicles as a case in point, or the several high-profile cases

where AI bots have developed gender and racial bias. The

worry is that as AI applications reach deeper into our

businesses, governments and communities, the negative

consequences of any such flaws could be catastrophic.

AI WITH ETHICS