What is 'Trusted AI'
Trusted AI is the discipline of designing AI-powered solutions that maximize the value of humans through fairness, transparency, and the preservation of privacy.
“The Responsible AI Institute is thrilled to have Pandata join our member community. Their commitment to responsible and trusted AI has been core to the clients they serve and the products they build. We are excited to learn from their experience, passionate team and deep subject matter expertise as we can continue to build practical solutions that benefit AI practitioners.”
Why trusted AI matters...
AI is transforming lives globally – from hyper personalization to chatbots, quality control, call centers, and beyond. Whether you are building it or using software that has AI embedded in it, AI is no longer a ‘nice-to-have’, it’s everywhere.
With this transformation come mounting examples of unintended consequences of AI, including discriminating against female candidates to prioritizing healthcare of white patients over black patients. Many algorithms powering AI solutions lack the ability to be easily audited and may compromise customers’ privacy. Unregulated AI can potentially undermine your strategy to build an inclusive, fair, and ethical organization, at the cost of consumer trust.
In addition to bias, consumers are quickly becoming more aware of data privacy issues and more discerning with respect to control of their own data. Legislative groups are introducing new regulations that will have wide-ranging implications at the intersection of data use and development of AI solutions.
