Companies Bolster AI Governance Efforts

Companies that use artificial intelligence are strengthening their standards for the technology, creating governance policies and hiring executives to make sure their algorithms meet ethical and regulatory requirements. Massachusetts Mutual Life Insurance Co. and analytics software company Fair Isaac Co., creator of the widely used FICO credit score, are both rolling out in-house technology systems designed in part to track whether AI algorithms adhere to a set of standards. FICO is using blockchain for the project.