Everyone is talking about “responsible AI,” but few are doing anything about it. A new survey shows that most executives see the logic and benefits of pursuing a responsible AI approach, but little ...

Artificial intelligence is deeply embedded in the daily workings of financial institutions, whether analyzing credit risk, automating underwriting, flagging fraud, or generating investment insights.

Those responsible for leading AI initiatives at financial firms fear that the opaque nature of generative AI models and the large language models (LLMs) on which they are trained may significantly ...

Would you blindly trust AI to make important decisions with personal, financial, safety, or security ramifications? Like most people, the answer is probably no, and instead, you’d want to know how it ...

AI will separate winning banks from losers, say 77% of banking executives surveyed during COVID-19 COVID-19 will intensify the use of AI, making effective governance more urgent The Economist ...

In late October 2020, venture capital firm Wing conducted a survey, “Chief Data Scientist Survey,” of 320 of the senior-most data scientists at both global corporations and venture-backed startups, in ...

Lack of explainability of decisions made by Artificial Intelligence (AI) programs is a major problem. This inability to understand how AI does what it does also stops it from being deployed in areas ...