Sunday, September 24, 2023

How To Approach AI Adoption Ethically And Responsibly Within Your Organization; Forbes, September 24, 2023

  Rhett Power, Forbes; How To Approach AI Adoption Ethically And Responsibly Within Your Organization

"In order to take full advantage of everything AI technology has to offer, you must be careful and efficient when adding this technology to your organization’s processes. Luckily, you can do a few things to ensure a smooth and flawless transition. Here are four strategies that can pave the way for ethical implementation...

2. Remain up to date on all regulations.

In addition to establishing an AI ethics advisor, it is essential to remain current on the ever-evolving regulations surrounding the use of AI. As the technology advances rapidly, laws will be enacted to address ethical concerns and protect individuals’ rights. By proactively addressing potential problems related to privacy infringement or bias algorithms through adherence to regulations, organizations can foster a positive reputation while harnessing the benefits of AI innovation. Remaining current on all the regulations ensures your organization meets all legal requirements and industry standards.

Until legal requirements and industry standards are ironed out, you must aim to be as transparent as possible. “Currently, there is no way to peer into the inner workings of an AI tool and guarantee that the system is producing accurate or fair output,” says Tsedal Neeley, Naylor Fitzhugh Professor of Business Administration and senior associate dean of faculty and research at Harvard Business School. “As a consequence, leaders should exercise careful judgment in determining when and how it’s appropriate to use AI, and they should document when and how AI is being used. That way people will know that an AI-driven decision was appraised with an appropriate level of skepticism, including its potential risks or shortcomings.”"

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