Why responsible AI matters
>80%
of organizations say they’ll commit 10% or more of their total AI budget to meeting regulatory requirements by 2024
95%
of leaders believe that at least part of their business will be affected by the proposed EU regulations specifically
2%
of companies say they have fully implemented responsible AI across their organization, but 31% expect to do so in the next 18 months
What you can do
Adopt responsible AI principles that include clear accountability and governance for its responsible design, deployment and usage.
Understand the risks of your organization’s AI use cases, applications and systems, using qualitative and quantitative assessments.
Perform ongoing testing of AI for human impact, fairness, explainability, transparency, accuracy and safety. Use top responsible AI tools and technologies to mitigate any problems.
Consistently monitor AI systems and oversee responsible AI initiatives while executing mitigation and compliance actions.
A responsible AI compliance program will need to engage cross functionally to address workforce impact and compliance with laws, sustainability, privacy and security programs across your enterprise.
What’s trending in responsible AI
Our leader
Arnab Chakraborty
Chief Responsible AI Officer