A foreword by Dr Kampakis
“The Tesseract Academy is helping decision makers and companies get ahead of the curve through AI and Web3.0. In this month’s newsletter we discuss AI Ethics as it is one of the major themes rising in AI and data science.
In the next few years we will see new regulations coming into practice: The European Union’s Artificial Intelligence Act (AIA), The United States’ Algorithmic Accountability Act (AAA) and The UK’s Artificial Intelligence and Data Ethics Framework. Any company that is handling data will not only have to think about GDPR and data privacy, but also how this data is being used inside AI algorithms, and what effect these algorithms can have on users and society. We present to you a free AI framework to assist you against upcoming regulations, as well as with a free event on the same topic.”
AI Ethics ensures responsible tech use, fosters trust, and promotes inclusivity. Ethical AI development also safeguards privacy, prevents misuse, and addresses societal impact. This creates responsible AI systems benefiting humanity and the planet.
Here Are Some Key AI Ethics Considerations For Businesses:
🌐 Transparency: Understandable AI decisions
👥 Fairness: Bias-free outcomes
🔒 Security: Protect against exploitation
Remember that AI ethics is an evolving field, and staying updated with the latest discussions and developments is crucial for making informed decisions.
Get in touch if you need help in this area or why not attend our FREE event next month on this particular topic (details below).
Upcoming Event: AI Ethics for Decision Makers (6th Sep 2023)
Join us at “AI Ethics for Decision Makers,” an exclusive online event tailored for leaders, policymakers, and professionals at the forefront of technological innovation.
As AI continues to reshape our world, understanding the ethical implications is paramount. This engaging and interactive session will delve into the core principles of AI ethics, including fairness, transparency, accountability, and privacy.
About the speaker:
Raluca Crisan has 10+ years of experience in data science working with a variety of clients (UK retailers, banks & telco companies). She is Co-founder & CTO of Etiq, ML testing and data validation company and has a particular specialism in algorithmic bias.
The Lean AI Ethics Framework
This is a simple framework which can ensure that your organisation has nailed the fundamentals of AI ethics, irrespective of what current or future legislation will bring.
This is a simple framework which can ensure that your organisation has nailed the fundamentals of AI ethics, irrespective of what current or future legislation will bring.
This framework assumes that ethical use of AI concerns three main aspects:
● Bias
● Privacy and security
● Accuracy
Bias refers to those situations where a model might be unfairly treating certain
individuals. For example, in a famous case, an algorithm called COMPAS had been used to make automated decisions on whether someone should be released from prison. This algorithm was biased against certain ethnicities and was later scrapped. This was an algorithm used in a sensitive domain, trained with biased data, which led to a very bad outcome for many individuals.
Privacy and Security are topics which have traditionally been associated with the domain of data, but it has now started playing a larger role in machine learning models. There are certain ways that models can be manipulated by attackers in order to produce fraudulent results.
Finally, Accuracy is important in those domains where the results of a model can have life-changing circumstances.
The free framework can be accessed here.
AI for New Startups London Workshop Another Success! 💪
Our CEO Dr. Stylianos Kampakis recently held a successful workshop at the Founders Factory in London. It was a great session where we had the chance to discuss a variety of topics such as AI for new startups, data management for entrepreneurs, and how to build an AI-driven company.
If you missed it, you can watch the online version here.
Our next workshop is going to take place in a few months in London! Drop 📈 Dr Stylianos Kampakis, CStat 📊 a if you are a senior professional, or an entrepreneur and you want to take part in it!
Survey: AI Readiness and Organisational Culture
We’re thrilled to invite you to participate in our AI Readiness and Organizational Culture Survey! Your insights are like precious puzzle pieces that help us understand how organizations like yours are shaping their culture to embrace the power of AI.
🎁 As a big thank you for your time and input, we’ll give you a FREE copy of Dr. Kampakis’ latest book 📚 “Predicting the Unknown: The history of data science and artificial intelligence”
This is your chance to explore the fascinating journey of AI and data science while making a positive impact on the industry’s future.
🌐 Your opinion matters so help us, fill the short questionnaire here and get your free book now! Let’s dive deep into the dynamic relationship between AI and culture.
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