The importance of reliable data for trustworthy AI

Artificial intelligence (AI) has transitioned from being a concept in research projects and science fiction to becoming a mainstream business tool. GenAI, driven by applications like Google’s Bard (now Gemini), Mistral, and ChatGPT, is already making an impact in the workplace. Industry analysts predict that by 2026, 95% of workers will use GenAI for their daily tasks. However, concerns have arisen regarding biases and inaccuracies in results generated by AI tools.

As organizations face potential liabilities for decisions made using AI, regulations like the EU’s AI Act are being implemented to impose penalties for breaches. Transparency and accountability in AI usage are becoming increasingly important, especially in ensuring the quality of data used to train AI models and during operational phases. Data governance policies play a crucial role in addressing potential pitfalls of AI by ensuring accurate and diverse data to produce reliable results.

Furthermore, understanding the lineage of data as it moves between systems and implementing guardrails in AI systems are critical steps in reducing risks and preventing misuse. Building trust and confidence in AI tools is essential for user adoption and customer trust. Ultimately, humans must remain integral in the decision-making process alongside AI tools to ensure accurate and trustworthy outcomes.

Unlock your business potential with our expert guidance. Get in touch now!

tr_20241007-top-15-cyber-crimes.jpg

15 Significant Cyberattacks and Data Breaches

AdobeStock_437682594.jpg

More than 5,000 Counterfeit Microsoft Notifications Drive Email Compromise Campaigns

seo-project-management-templates-featured-10042024-min.png

10 Best SEO Project Management Templates (Free and Paid Options)

network-security-it-professional-in-server-hub-trying-to-protect-ha-2024-08-02-15-18-54-utc.jpg

Establishing Your Network Security? Steer Clear of These 4 Mistakes

windows-11-logo.jpg

All the Information You Should Have

AI-automation-robot-smart-devices-elenabsl-adobe.jpg

GenAI Approaches Enterprise Readiness

AdobeStock_444029450.jpg

Top ACH Payment Processing Solutions for Businesses in 2024