Six stage gates to a successful AI governance

Gateway

Responsible use of AI should start with a detailed assessment of the key risks posed by AI [1], followed by a good understanding of the principles that should be followed [2], and then the governance of AI from a top-down and end-to-end perspective [3]. We have discussed these in our previous articles [1, 2, 3]. In this article, we focus on the first line of defense and dive into the nine-step data science process [4] of value scoping, value discovery, value delivery, and value stewardship and highlight the dimensions of governance.

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Artificial Intelligence and Architecture

Role of Artificial intelligence in Architecture. Artificial Intelligence and architecture will come together to solve challenges with housing, the way we live, and cites. About 55% of the world’s population is living in urban areas or cities. By 2050, that figure is estimated to rise to 68%. Experts are expecting a dramatic upswing towards cities, which will cause countless megacities to form around the globe.

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Artificial Intelligence (AI) for disease diagnosis

Disease Diagnosis

Health is undoubtedly the most important factor in life. In 2019, 58.39 million people died and 2020 is projected to claim 59.23 million lives. The top three causes of global death rates are cardiovascular, respiratory, and neonatal disorders. Despite all scientific research and development, diseases are still a major threat to existence. As AI is transforming almost all the aspects of our lives, researchers felt the dire need to incorporate artificial intelligence in combating the disease.

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Bank of America breaks company record for new Patents in 2020 led by AI and Digital Banking

Erica - Bank of America

Bank of America broke its record for new patents in 2020, with 444 granted patents and 722 applications filed. Those numbers are among the highest for the financial services industry for the year, according to the latest list from the Intellectual Property Owners Association. AI and machine learning patents making up nearly one in five of the total.

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The Making of AI Snake Oil

Medicine Bottles

“I felt completely trapped, a prisoner in my own body.” These are the words of Joe Morris, a filmmaker from London. After a sore spot on his tongue would not heal, Joe decided to see a doctor. He was 31 years old and a non-smoker. It was supposed to be nothing, but the MRI showed a tumour that would need to be carved out and removed, taking along with it Joe’s ability to speak.

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