AI ETHICS IS A CRITICAL CONCERN FOR INTELLIGENCE INNOVATION
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The Artificial Intelligence landscape has grown drastically in recent years. As the industry accelerates, how do we ensure a future driven by ethical intelligence?
Over the years, AI has proven itself to be embarrassingly problematic from an ethical perspective. Amazon had to discontinue their AI recruiting tool in 2018 when it was proven to be biased against female applicants. Experiments on AI decision-making skills without the right ethical guidelines have dissolved into disasters.
As AI becomes a more natural part of our lives, we must ensure ethics is at the forefront of our developmental strategies.
A Rising Need for Ethical Intelligence
As of 2020, the global market for AI was valued at around $62.35 billion. By 2028, experts say it will grow at a CAGR of 40.2%, leading to a value of around $997.77 billion. While demand for intelligent systems has been growing for a number of years, interest has exploded since 2020.
The pandemic and the unique challenges it introduced pushed human beings to rely more heavily on robotics and AI systems. Now, AI is a part of almost every interaction we have, both in the professional, and consumer world.
It guides government plans, enables societal development, protects the environment, and improves productivity. Now AI has such a significant impact on the world as we know it, we can’t afford to take risks with ethics.
The good news is people are widely recognizing the demand for more ethical creations and responding in kind. Discussions are emerging in almost every landscape about how ethics should be implemented into future systems. An Ex-Google AI chief even recommended stopping innovation until we have the right ethics strategy in place.
Where is Ethical AI Heading?
For years, companies have been discussing the concept of ethical AI and what it should mean. MIT cosmologist Max Tegmark, Skype co-founder Jaan Tallin, and DeepMind scientist Victoria Krakovna created the Asilomar AI principles.
The EU created its “Coordinated Plan for AI in 2021” and launched a dedicated group to help analyse the ethical implications AI for policy creation purposes. We’ve even got the “Ubuntu philosophy”, acting as guidance on what AI ethics might look like.
In November 2021, UNESCO celebrated a breakthrough as 193 member companies adopted the first-ever global agreement on the ethical guidelines that must be in place for artificial intelligence. As the conversations become increasingly immersive about what AI should be, and what kind of data we should be able to use in the creation of future tools and algorithms, it’s never been a more exciting time to get involved with AI.
The structure of truly unified ethical standards will ensure people from all backgrounds can openly invest in and innovate with AI without putting ethics at risk.
Need to learn more about ethical AI? The World AI Cannes Festival will be dedicating a whole segment to the exploration of AI ethics. This new global summit on AI will happen on February 10 – 12, both in-person and online. Don’t miss this to ensure you’re on the cutting edge of the AI ethics conversation.