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AI ethics toolkit updated to include more assessment components

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简介Weiquan Lin/Getty ImagesA software toolkit has been updated to help financial institutions cover mor...

Weiquan Lin/Getty Images

A software toolkit has been updated to help financial institutions cover more areas in evaluating their "responsible" use of artificial intelligence (AI). 

First launched in February last year, the assessment toolkit focuses on four key principles around fairness, ethics, accountability, and transparency -- collectively called FEAT. It offers a checklist and methodologies for businesses in the financial sector to define the objectives of their AI and data analytics use and identify potential bias. 

futuristic conceptAI in 2023: A year of breakthroughs that left no human thing unchanged Abstract people silhouettes against glass, 3D generated image.These are the jobs most likely to be taken over by AI 5G in cityAI at the edge: 5G and the Internet of Things see fast times ahead Outline of brain with geometric shapes insideAlmost half of tech executives say their organizations aren't ready for AI or other advanced initiatives futuristic conceptAI in 2023: A year of breakthroughs that left no human thing unchanged
  • Abstract people silhouettes against glass, 3D generated image.These are the jobs most likely to be taken over by AI
  • 5G in cityAI at the edge: 5G and the Internet of Things see fast times ahead
  • Outline of brain with geometric shapes insideAlmost half of tech executives say their organizations aren't ready for AI or other advanced initiatives
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