Title: 4 steps to developing responsible AI | World Economic Forum
Headings: 4 steps to developing responsible AI
4 steps to developing responsible AI
1. Governance
2. Design
3. Monitoring
4. Reskilling
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Content: It is imperative for business leaders to understand AI and make a top-down commitment to the responsible use of AI. Central to this is taking a human-centric approach to AI thinking and development. It is not enough to have the correct data, or an algorithm that performs accurately. It is critical to incorporate systems of governance, design and training that provide a framework for successfully implementing AI in an organization. A strong Responsible AI framework entails mitigating the risks of AI with imperatives that address four key areas: 1. Governance
Establishing strong governance with clear ethical standards and accountability frameworks will allow your AI to flourish. Good governance on AI is based on fairness, accountability, transparency and explainability. 2. Design
Create and implement solutions that comply with ethical AI design standards and make the process transparent;