Companies are investing in answers to once esoteric ethical questions because failing to operationalize data and AI ethics is a threat to the bottom line.
Despite the costs of getting it wrong, most companies grapple with data and AI ethics through ad-hoc discussions on a per-product basis. When companies have attempted to tackle the issue at scale, they’ve tended to implement strict, imprecise, and overly broad policies that lead to false positives in risk identification.
There is a need for risk mitigation plans for AI based solutions that can actually be used.
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