In this post, Ajay Agrawal, professor at Toronto's Rotman School of Management, discusses the challenges of unlocking the full potential of AI and ML for businesses and banks. Agrawal explains how the taxi industry in London, UK provides a cautionary tale of the potential impediments to driving value from AI,
Responsible innovation is critical because technology does not exist in a vacuum. It affects us all in unexpected ways. We know analytics has an undeniable impact on society. For example, analytics can help hospitals manage their inventories for essential items like wheelchairs and bladder scanners, help sports teams curate a
One of the reasons I got involved with the trustworthy AI movement is because automated systems enabled by our past will hurt people – at scale – if we aren’t careful. Worse yet, and from a personal perspective, it concerned me that if such systems were deployed in justice and
