What Are The Dangers Of Artificial Intelligence For Business?

The Gradient Institute, with support from Minderoo Foundation, recently released a report on the growing risk of Artificial Intelligence (AI) to business along with open source software for companies to combat the risk. Here, Bill Simpson-Young who is CEO of Gradient Institute and former CSIRO, talks about the dangers of Artificial Intelligence for business. What are the dangers of Artificial Intelligence we need to be aware of for business? AI used by businesses can have many benefits to businesses and their customers such as being able to perform actions for the customer at great speed and customised specifically for that customer. For example, every time you use a map app on your phone, the speed, accuracy, and relevance for you is made possible by AI. AI is also used in deciding your news feed, whether you get matched for a job opening and whether you are successful with a loan application.