CIOs shouldn't wait for an ethical AI framework to be mandatory. Whether buying the technology or building it, they need processes in place to embed ethics into their AI systems
Only 20% of companies report having an ethical artificial intelligence framework in place and just 35% have plans to improve governance of AI systems and processes in 2021, according to PwC data. It's a problem. No wonder Biden's working on an AI bill of rights.
I believe every CIO needs a responsible AI plan before implementing the technology. Businesses shouldn't wait for this to be mandatory. It doesn't matter if the CIO is buying the technology or building it. AI as a technology is neutral -- it is not inherently ethical or unethical. We need processes in place to confirm that ethics is embedded in AI systems.
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