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Bloomberg Intelligence
The Importance of Responsible AI Development
The chapter discusses the significance of responsible AI development, focusing on key aspects such as proficiency, safety, equity, security, and compliance with laws and regulations. It highlights common risks in AI implementation like bias, security flaws, and inaccuracies, underscoring the ongoing challenges in the field. The conversation emphasizes the benefits of mature responsible AI programs for companies, including increased customer engagement, trust, profitability, and innovation.
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