Responsible AI for customers and stakeholders
- It’s more important than ever that companies develop a strategy around responsible AI and communicate it well to internal and external stakeholders in order to maintain accountability.
- Companies should also keep in mind that a one-size-fits-all approach does not always work with emerging technology; instead, they need to match the right AI solution to the right customers and create business offerings that align with customer needs.
- Startups with responsible AI strategies will be more valuable. The purchase of a responsible AI startup may depend on the startup’s approval of the acquirer’s apprcoach. Investors may refuse to buy stock in companies that don’t have responsible AI. Indeed, there may be an increase in activist investors in this space.
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