Ethics in artificial intelligence

Whether you're chatting with an online customer service bot, using your smart phone, applying for a job or loan, scrolling on social media, or riding in an autonomous car, today we find ourselves interacting with artificial intelligence (AI) in more ways than ever before. As those interactions increase, and as AI begins to play a role in more important parts of our lives, the need for responsible AI ethics and oversight becomes more pronounced. Artificial intelligence applications are making decisions that impact our privacy, finances, safety, employment, health and much more. With so much at stake, it's important that those who utilise this advanced technology understand the risks, have a plan for mitigating those risks, are abiding by some sort of responsible ethics, and have accountability if they fail to do so. Research indicates the global AI software market is expected to expand from $10billion in 2019 to $125billion by 2025.