How AI ethics is the cornerstone of governance

The last few years have seen the proliferation of AI ethics principles and guidelines. Public sector agencies, AI vendors, research bodies, think tanks, academic institutions and consultancies have all come up with their own versions. They can all be distilled into four core principles: fairness, accountability, transparency and safety. AI ethics provides valuable inputs for an organization's AI strategy. It gives an organization a handle on the acceptable use of AI and even determines whether an AI system is fit for specific purposes.