Tuesday, October 27, 2020
Home Lead Story EU: Companies Working with AI Need to Install Accountability Mechanisms to Prevent...

EU: Companies Working with AI Need to Install Accountability Mechanisms to Prevent Being Misused

The European Union initiative taps in to a global debate about when or whether companies should put ethical concerns before business interests

Companies working with artificial intelligence need to install accountability mechanisms to prevent its being misused, the European Commission said on Monday, under new ethical guidelines for a technology open to abuse.

AI projects should be transparent, have human oversight and secure and reliable algorithms, and they must be subject to privacy and data protection rules, the commission said, among other recommendations.

The European Union initiative taps in to a global debate about when or whether companies should put ethical concerns before business interests, and how tough a line regulators can afford to take on new projects without risking killing off innovation.

AI
AI projects should be transparent, have human oversight and secure and reliable algorithms. Pixabay

“The ethical dimension of AI is not a luxury feature or an add-on. It is only with trust that our society can fully benefit from technologies,” the Commission digital chief, Andrus Ansip, said in a statement.

AI can help detect fraud and cybersecurity threats, improve healthcare and financial risk management and cope with climate change. But it can also be used to support unscrupulous business practices and authoritarian governments.

The EU executive last year enlisted the help of 52 experts from academia, industry bodies and companies including Google , SAP, Santander and Bayer to help it draft the principles.

Companies and organizations can sign up to a pilot phase in June, after which the experts will review the results and the Commission decide on the next steps.

AI
AI has the potential to increase India’s annual growth. Pixabay

IBM Europe Chairman Martin Jetter, who was part of the group of experts, said guidelines “set a global standard for efforts to advance AI that is ethical and responsible.”

ALSO READ: Pinterest to Set Conservative Price Range in Initial Offering of Shares

The guidelines should not hold Europe back, said Achim Berg, president of BITKOM, Germany’s Federal Association of Information Technology, Telecommunications, and New Media.

“We must ensure in Germany and Europe that we do not only discuss AI but also make AI,” he said. (VOA)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,779FollowersFollow

Most Popular

Sleep Disorders In Lockdown

2020, unfortunately, has been a year that has not brought us much happiness, and for a significant proportion of individuals, sleep disturbances have added...

Virtual Ramlila From Ayodhya Crosses 10 Crores Viewers Mark

The organizers of star-studded virtual Ramlila going on in Ayodhya have claimed that the numbers of viewers watching it on different media platforms have...

Wroclaw Named A Square After Harivansh Rai Bachchan’s Name As A Tribute

The City Council of Wroclaw, Poland, has named a square after Amitabh Bachchan's father Harivansh Rai Bachchan, as a tribute to the late poet....

Researchers Develop Faster Charging Material That Can Charge Electric Cars In Six Minutes

In what could drive Elon Musk to push another tweet, a team of South Korean researchers has developed a faster charging and longer-lasting battery...

Five Worst Bowling Figures In IPL 2020

While Indian Premier League (IPL) 2020 has witnessed some brilliant bowling spells by the likes of Kagiso Rabada, Anrich Nortje, and Mohammed Siraj to...

Indian Teenager From Dubai Turns School Project Into A Business

A Dubai-based Indian teenager has turned a school project into a family business after his father was amazed at how the product turned out,...

Exciting Moon Discovery From NASA

If you are a science buff, get ready to get some exciting news about a mysterious Moon discovery from NASA on Monday. The US...

Transparency: Pardarshita Web Series Now At Mx Player

Chicago,  Transparency: Pardarshita, The Untold Series Of IAC & AAP Transparency: Pardarshita, which chronicles the chase of a common man from offshore to India is now...

Recent Comments