AI: A World of New Opportunity and Risk - Deepstash

Keep reading for FREE

How To Responsibly Adopt Artificial Intelligence

How To Responsibly Adopt Artificial Intelligence

We also see some negative, often unintended consequences of these technologies. They go from the rise of fake news and algorithms that favour the incendiary and divisive over the factual, to major privacy breaches and AI models that discriminate against minority groups or even cost human lives.

AI is a powerful tool, and it’s never been more important for C-suite executives to understand both how to leverage it for growth and innovation, and how to do so responsibly and ethically.

8

63 reads

The Long Term Impact Of A.I.

Leaders need an understanding of the long-term impact – both positive and negative – of the algorithms they build and deploy.

It’s by no means a charted path; success is as much about asking the right questions, keeping an open mind and being aware of the key issues at stake, as it is about finding the “right” answers.

8

55 reads

The Standard Guidelines

The World Economic Forum, with supporting research from INSEAD’s Hoffmann Global Institute for Business and Society, has created a guide for C-suite executives who are committed to adopting AI technologies effectively and responsibly.

This guide takes the form of questions that executives should be asking themselves as they build their AI capabilities. It also offers some possible answers to these complex issues.

8

38 reads

Building An Effective A.I. Capability

It’s tempting for executives to believe that AI will magically deliver new revenue streams or efficiency gains, but the truth is that AI initiatives ought to undergo the same rigorous business planning as any other project.

An AI initiative should, first and foremost, align with the organisation’s key strategic goals and directly contribute to moving the KPIs that buttress this strategy. 

8

26 reads

A Few Thumb Rules

The first rule of machine learning: Start without machine learning.

Executives must “know the why” for AI initiatives. An iterative development that starts with simple, explainable models is recommended. Investments in more complex solutions that may deliver marginal accuracy gains but are much harder to interpret or deploy at scale should be avoided.

The best rules of thumb to mine business value from AI are: “Don’t get caught in the hype” and “Start simple and test value.”

8

23 reads

Understanding The Key Stages

It is helpful for executives to possess a broad understanding of the key stages of an AI initiative and the technical risks at each of these stages. For instance, executives broadly underestimate the amount of data cleansing and preparation that are required for building viable algorithms.

Data scientists, on the other hand, are likely to focus on building the most accurate model possible using the latest techniques, without understanding the business context and many trade-offs.

8

18 reads

KPIs Of Leaders For A.I.

The most successful AI initiatives are close collaborations between data talent, business stakeholders and sponsors, engineers as well as end users who are available to test the solution and send feedback.

Building the right team and upskilling the organisation to enable this kind of collaboration is essential for success.

8

19 reads

The Risks Of A.I.

Running an effective AI capability, however, is more than simply leveraging these technologies to realise EBIT and market share gains. Now more than ever, executives must have a keen understanding of the new business risks involved in developing algorithms.

They must ensure that their organisations are pro-actively mitigating them and that they comply with upcoming regulations.

8

18 reads

A.I. Accountability

AI also raises questions of accountability. Who is responsible:

  • When a driverless car crashes?
  • In a lawsuit claiming unfair hiring informed by AI algorithms?
  • When the wrong medical treatment is prescribed because an AI diagnostic system contained errors?
  • For a large financial loss incurred by an algorithmic trading platform?

8

13 reads

Building Ethical Standards

The organisations that mitigate these risks best are those that build on their own ethical standards and gateways throughout the AI lifecycle, from how they collect and prepare data, to how they build, test and deploy models.

Those that adopt new data and AI risk management practices, processes and tools to both comply with upcoming regulations and to ensure customer trust.

8

20 reads

CURATED BY

khalid_faez

I am reading here.

Ready for the next level?

Read Like a Pro

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

Stars

5,740 Reviews

App Store

4.7

Stars

72,690 Reviews

Google Play

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

FAQ

Claim Your Limited Offer

Get Deepstash Pro

BLACK FRIDAY

75% OFF | 1-Year Pro Subscription

Claim Offer