The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.
© 2024 TheOutpost.AI All rights reserved
Curated by THEOUTPOST
On August 27, 2024
2 Sources
[1]
AI ethics boards coming up fast in Indian tech majors
Technology majors are setting up internal panels to oversee the development of responsible artificial intelligence systems, as emergence of generative AI models raises fresh concerns about data privacy, sovereignty, bias, hallucinations, etc. IBM, Wipro and Automatic Data Processing (ADP) are among companies that have constituted such bodies. IBM's AI Ethics Board is co-chaired by Francesca Rossi, an IBM fellow and AI ethics global leader, along with Christina Montgomery, the company's chief privacy and trust officer. It is a central, cross-disciplinary body that supports governance, review and decision-making processes at IBM, the company said. Wipro has a Responsible AI taskforce spearheaded by global chief privacy & AI governance officer Ivana Bartoletti that reviews all AI projects based on their level of risk. ADP, which holds sensitive customer data like payroll, said its AI & Data Ethics Council convenes regularly to advise on emerging industry trends and concerns. As AI takes the centre stage, more companies will set up such boards that will play a critical role cutting across functions such as product, finance, sales and HR. According to a survey conducted by research firm Gartner in May, nearly 68% of business leaders are still investigating or determining governance for GenAI uses within their organisations. In India, this percentage was 58%. Data protection and privacy (52%), lack of mature GenAI vendors (52%), and data accuracy, reliability and transparency (48%) are among Indian respondents' most commonly cited GenAI implementation challenges, the study showed. Enterprise buyers in India are looking to purchase from credible vendors whose GenAI-enabled solutions comply with India's legal and sector-specific regulations, said Anushree Verma, director analyst, emerging technologies and trends, at Gartner. "An AI ethics council is very critical for the success of the AI projects in the longer term which require leaders to address strategies and methods related to fairness, transparency, explainability, reliability, privacy and security," Verma said. Its tasks can cover people (for example, a chief AI officer) and processes to support AI, managing AI's societal and ethical enterprise risks, AI explainability, AI data and privacy and protection, ModelOps (life cycle management, analytics), adversarial attack resistance, etc., she explained. For Wipro, its AI governance strategy cuts across functional teams such as legal (contractual clauses, IP risk assessment), cybersecurity and quality assurance, Bartoletti said. IBM, which is among the first global companies to constitute an ethics board for AI, recently published a paper on risks associated with training GenAI models. "In addition, the CPO AI Ethics Project Office supports all these initiatives, serving as a liaison between governance roles, supporting implementation of technology ethics priorities, helping establish AI Ethics Board agendas and ensuring the board is kept up to date on industry trends and company strategy," a company spokesperson said. According to ADP, with rapid advancements in AI, ethics and transparency shall be key differentiators for the company to maintain customer trust. "Comprised of both industry leaders and ADP experts across our business, ADP's AI & Data Ethnics Council plays a crucial role in guiding the company," said Srinivas Konidena, chief technology officer and VP of APAC products at ADP. "The council convenes regularly to advise on emerging industry trends and concerns. It also provides guidance on the principles we should adhere to when developing AI and data-related products, systems, and applications," he added.
[2]
AI ethics boards coming up fast in Indian tech majors
Leading tech majors are building internal review boards to ensure the ethical development of AI systems, in response to the growing concerns around data privacy, sovereignty, bias, and hallucinations posed by the emergence of generative AI models.Technology majors are setting up internal panels to oversee the development of responsible artificial intelligence systems, as emergence of generative AI models raises fresh concerns about data privacy, sovereignty, bias, hallucinations, etc. IBM, Wipro and Automatic Data Processing (ADP) are among companies that have constituted such bodies. IBM's AI Ethics Board is co-chaired by Francesca Rossi, an IBM fellow and AI ethics global leader, along with Christina Montgomery, the company's chief privacy and trust officer. It is a central, cross-disciplinary body that supports governance, review and decision-making processes at IBM, the company said. Wipro has a Responsible AI taskforce spearheaded by global chief privacy & AI governance officer Ivana Bartoletti that reviews all AI projects based on their level of risk. ADP, which holds sensitive customer data like payroll, said its AI & Data Ethics Council convenes regularly to advise on emerging industry trends and concerns. As AI takes the centre stage, more companies will set up such boards that will play a critical role cutting across functions such as product, finance, sales and HR. According to a survey conducted by research firm Gartner in May, nearly 68% of business leaders are still investigating or determining governance for GenAI uses within their organisations. In India, this percentage was 58%. Data protection and privacy (52%), lack of mature GenAI vendors (52%), and data accuracy, reliability and transparency (48%) are among Indian respondents' most commonly cited GenAI implementation challenges, the study showed. Enterprise buyers in India are looking to purchase from credible vendors whose GenAI-enabled solutions comply with India's legal and sector-specific regulations, said Anushree Verma, director analyst, emerging technologies and trends, at Gartner. "An AI ethics council is very critical for the success of the AI projects in the longer term which require leaders to address strategies and methods related to fairness, transparency, explainability, reliability, privacy and security," Verma said. Its tasks can cover people (for example, a chief AI officer) and processes to support AI, managing AI's societal and ethical enterprise risks, AI explainability, AI data and privacy and protection, ModelOps (life cycle management, analytics), adversarial attack resistance, etc., she explained. For Wipro, its AI governance strategy cuts across functional teams such as legal (contractual clauses, IP risk assessment), cybersecurity and quality assurance, Bartoletti said. IBM, which is among the first global companies to constitute an ethics board for AI, recently published a paper on risks associated with training GenAI models. "In addition, the CPO AI Ethics Project Office supports all these initiatives, serving as a liaison between governance roles, supporting implementation of technology ethics priorities, helping establish AI Ethics Board agendas and ensuring the board is kept up to date on industry trends and company strategy," a company spokesperson said. According to ADP, with rapid advancements in AI, ethics and transparency shall be key differentiators for the company to maintain customer trust. "Comprised of both industry leaders and ADP experts across our business, ADP's AI & Data Ethnics Council plays a crucial role in guiding the company," said Srinivas Konidena, chief technology officer and VP of APAC products at ADP. "The council convenes regularly to advise on emerging industry trends and concerns. It also provides guidance on the principles we should adhere to when developing AI and data-related products, systems, and applications," he added.
Share
Share
Copy Link
Major Indian technology companies are swiftly setting up AI ethics boards to address the ethical challenges posed by the rapid adoption of artificial intelligence. This move reflects the growing awareness of AI's impact and the need for responsible development.
In a significant development within India's technology sector, major companies are rapidly establishing AI ethics boards. This move comes as artificial intelligence continues to revolutionize various industries, prompting concerns about its ethical implications and potential risks 1.
Leading Indian tech firms, including Tata Consultancy Services (TCS), Infosys, and Wipro, have taken proactive steps to address the ethical challenges posed by AI. These companies are setting up dedicated ethics boards and committees to oversee the responsible development and deployment of AI technologies 2.
The primary goal of these AI ethics boards is to ensure that AI systems are developed and used in a manner that aligns with ethical principles and societal values. Their responsibilities include:
The establishment of these ethics boards is expected to have a far-reaching impact on the Indian tech industry. It signals a commitment to responsible AI development and may set a precedent for smaller companies and startups in the sector 1.
This initiative by Indian tech majors aligns with global trends in AI governance. Many international organizations and tech giants have already established similar ethics boards. The Indian companies are likely to collaborate with global partners and draw insights from established frameworks to develop robust ethical guidelines 2.
While the creation of AI ethics boards is a positive step, challenges remain. These include:
As AI continues to advance, the role of these ethics boards will likely expand, potentially influencing policy-making and industry standards in the coming years 1.
Reference
[1]
[2]
A new report by Primus Partners reveals that 75% of industry leaders believe responsible AI can significantly enhance decision-making and governance. The study highlights the growing importance of AI in various sectors and the need for ethical implementation.
2 Sources
As AI continues to evolve, businesses face challenges in building trust, ensuring compliance, and navigating the ethical implications of hyper-personalized marketing. This story explores the key issues and potential solutions in the rapidly changing AI landscape.
2 Sources
A recent survey reveals that while the vast majority of large companies recognize AI as crucial for success, they are grappling with a significant shortage of skilled AI talent. This disconnect highlights the growing challenges in the rapidly evolving field of artificial intelligence.
5 Sources
Seven prominent Indian organizations, including Infosys and IIT Madras, have joined the AI Alliance, a global coalition of tech companies and academic institutions. This move aims to promote responsible AI development and enhance India's position in the global AI landscape.
5 Sources
A recent SAP study reveals that Indian midmarket companies are leading the charge in adopting generative AI technologies, with 96% prioritizing AI implementation. This trend highlights India's accelerated digital transformation efforts compared to global counterparts.
2 Sources