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Driven by Data: An expert’s take on ethical AI

Actuaries Institute Podcast

CHAPTER

The Future of Responsible and Ethical AI?

I think there's still way too much excitement, unfortunately. There are more people raising concerns and risks now than the worst of the five years ago. But I reckon there's even more people on the hype train as well. So is the balance right? Well, I'm not sure it is yet. We have started to see like better standards and regulation emerging but it still feels like it's early days. It's been fairly slow and cumbersome. And we have seen what I consider to be quite a poor proposal out of the EU with its AI act. Australia has really, really good principles based regulation in quite a lot of areas of the economy. First, job is to make sure that

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