Report finds startling disinterest in ethical, responsible use of AI among business leaders

A new report from FICO and Corinium has found that many companies are deploying various forms of AI throughout their businesses with little consideration for the ethical implications of potential problems. The increasing scale of AI is raising the stakes for major ethical questions. There have been hundreds of examples over the last decade of the many disastrous ways AI has been used by companies, from facial recognition systems unable to discern darker skinned faces to healthcare apps that discriminate against African American patients to recidivism calculators used by courts that skew against certain races. Despite these examples, FICO's State of Responsible AI report shows business leaders are putting little effort into ensuring that the AI systems they use are both fair and safe for widespread use. The survey, conducted in February and March, features the insights of 100 AI-focused leaders from the financial services sector, with 20 executives hailing from the US, Latin America, Europe, the Middle East, Africa, and the Asia Pacific regions.