How to Implement Ethical AI Practices in Your Company

Opinions expressed by Entrepreneur contributors are their own.

Artificial intelligence‘s promise of heightened processing speed, accuracy and cost-effectiveness are fundamentally reshaping the financial workflows upon which global business operations depend. However, as AI systems take on more complex decision-making roles that actually impact business strategy, ethical discernment is a necessity in order to choose and incorporate these technologies. When implemented correctly, such systems can uphold integrity, fairness and transparency to prevent biases and ensure privacy. However, they also come with risks, among them data breaches and poor contextualization of data. The imperative for leaders is to pioneer responsible practices that sustain core business values without jeopardizing ethics or

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