Generative AI Certificate Q&A: Why the presence of board of ethical use of AI is advised?

Question

Why the presence of a board of ethical use of AI is advised on each AI company?

A. Because research shows that companies that have altruistic motivations and a purpose connect better with their customers.
B. To make sure that the AI we are developing is in line with the technological advancements in the open-source AI field since the field is growing so quickly, we would not want to miss out.
C. To make sure we overcome misinformation we have been subject to in media around “AI is there to harm or replace us”. It is our moral responsibility as early adopters of AI to provide guidance and education around AI and inform our employees and colleagues on how to overcome their fears, challenges, and biases towards this new tool.

Answer

C. To make sure we overcome misinformation we have been subject to in media around “AI is there to harm or replace us”. It is our moral responsibility as early adopters of AI to provide guidance and education around AI and inform our employees and colleagues on how to overcome their fears, challenges, and biases towards this new tool.

Explanation

This is an important topic that requires some ethical and social understanding. Based on the information I found from various sources, I would suggest that the most accurate answer to your question is C. To make sure we overcome misinformation we have been subject to in media around “AI is there to harm or replace us”. It is our moral responsibility as early adopters of AI to provide guidance and education around AI and inform our employees and colleagues on how to overcome their fears, challenges, and biases towards this new tool.

Artificial intelligence (AI) is a powerful technology that can create new content, insights, and solutions based on data and models. It can also augment human capabilities and intelligence by providing us with new data, tools, and possibilities.

However, AI also poses some challenges and risks for society, such as displacing workers in certain sectors, requiring new skills and competencies, creating ethical and legal dilemmas, and increasing inequality and polarization. Moreover, AI can be subject to misinformation and sensationalism in the media, which can create fear, distrust, and confusion among the public. Some common myths or misconceptions about AI are that it is out to harm or replace us, that it is smarter or more creative than us, that it is uncontrollable or unpredictable, or that it is inherently biased or unfair.

Therefore, having a board of ethical use of AI is advised for each AI company. A board of ethical use of AI is a group of people who oversee the development and deployment of AI systems within a company and ensure that they adhere to high ethical standards and principles. A board of ethical use of AI can have various functions and benefits, such as:

• Providing guidance and education on AI ethics to the company’s employees, customers, partners, regulators, and other stakeholders
• Establishing clear values, policies, codes of ethics, and guiding principles for AI within the company
• Reviewing and approving AI projects and products based on their ethical implications and impacts
• Monitoring and auditing the performance and behavior of AI systems to ensure their accuracy, reliability, fairness, transparency, accountability, safety, and security
• Identifying and mitigating potential ethical risks or issues arising from AI systems
• Engaging with external experts, communities, or organizations to learn from best practices and share insights on AI ethics
• Promoting a culture of ethical excellence and trustworthiness within the company and its AI systems

By having a board of ethical use of AI, an AI company can overcome the misinformation and negative perceptions about AI that are prevalent in the media. It can also demonstrate its moral responsibility as an early adopter of AI to use it for good or evil, to distribute its benefits and costs among different groups and regions, and to respect the dignity and rights of humans and other beings.

Reference

• If Your Company Uses AI, It Needs an Institutional Review Board (hbr.org)
• A Practical Guide to Building Ethical AI (hbr.org)
• AI Ethics | IBM
• 3 lessons from IBM on designing ethical AI technology | World Economic Forum (weforum.org)
• Ethical artificial intelligence: the most important movement you’ve never heard of – Work Life by Atlassian
• How a strong board of directors keeps AI companies on an ethical path | VentureBeat
• Why You Need an AI Ethics Committee (hbr.org)
• Why You Need an AI & Ethics Board (informationweek.com)
• AI Ethics: A Business Imperative for Boards and C-suites | Deloitte US

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