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Thursday, April 22, 2021

Wharton: Planning for AI Risk Governance

Useful thoughts on the concept of governance of AI in the paper linked to below.

How Can Financial Institutions Prepare for AI Risks?

Apr 13, 2021 Analytics Wharton Research North America

Artificial intelligence (AI) technologies hold big promise for the financial services industry, but they also bring risks that must be addressed with the right governance approaches, according to a white paper  by a group of academics and executives from the financial services and technology industries, published by Wharton AI for Business. 

Wharton is the academic partner of the group, which calls itself Artificial Intelligence/Machine Learning Risk & Security, or AIRS. Based in New York City, the AIRS working group was formed in 2019, and includes about 40 academics and industry practitioners. ..." 

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