In the era of generative AI, the promise of the technology grows daily as organizations unlock its new possibilities. However, the true measure of AI’s advancement goes beyond its technical capabilities.
It’s about how technology is harnessed to reflect collective values and create a world where innovation benefits everyone, not just a privileged few. Prioritizing trust and safety while scaling artificial intelligence (AI) with governance is paramount to realizing the full benefits of this technology.
Developing an AI Strategy
It is becoming clear that for many companies, the ability to use responsible AI as part of their business operations is key to remaining competitive. To do that, organizations need to develop an AI strategy that enables them to harness AI responsibly. That strategy should include:
- Establishing a framework for governing data and AI across the business.
- Integrating AI into workflows that offer the greatest business impact.
- Deriving a competitive advantage and differentiation.
- Attracting talent and customers.
- Building and retaining shareholder and investor confidence.
The IBM AI Ethics Board
The IBM AI Ethics Board recognizes the opportunities presented by AI while also establishing safeguards to mitigate against misuse. A responsible AI strategy is at the core of this approach:
The board’s white paper, “Foundation models: Opportunities, risks and mitigations,” illustrates that foundation models show substantial improvements in their ability to tackle challenging and intricate problems. Underpinned by AI and data governance, the benefits of foundation models can be realized responsibly, including increased productivity, completion of tasks requiring different data types, and reduced expenses.
Foundation Models
Foundation models are generative, providing opportunities for AI to automate routine and tedious tasks within operational workflows, freeing users to allocate more time to creative and innovative work. An interactive version of the foundation model white paper is also available through IBM Watsonx™ AI risk atlas.
Augmenting Human Intelligence
In recognition of the possible productivity gains offered by AI, the board’s white paper on Augmenting Human Intelligence emphasizes that the effective integration of AI into existing work practices can enable AI-assisted workers to become more efficient and accurate, contributing to a company’s competitive differentiation.
Conclusion
AI presents an exciting opportunity to address some of society’s most pressing challenges. On this AI Appreciation Day, join the IBM AI Ethics Board in our commitment to the responsible development of this transformative technology.
FAQs
Q: What is the IBM AI Ethics Board?
A: The IBM AI Ethics Board is a group that recognizes the opportunities presented by AI while also establishing safeguards to mitigate against misuse.
Q: What are foundation models?
A: Foundation models are generative AI models that can automate routine and tedious tasks within operational workflows, freeing users to allocate more time to creative and innovative work.
Q: How does IBM approach AI ethics?
A: IBM is committed to meeting shareholders’, investors’ and other stakeholders’ growing expectations for the responsible use of AI, including considering the potential environmental impacts of AI.
Q: What is IBM Granite?
A: IBM Granite is a purpose-built AI model that is smaller and more efficient than larger models, making it more environmentally friendly.
