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May 26, 2023

The Result Of Unchecked AI: Balancing The Benefits And The Risks

Posted by in categories: robotics/AI, transportation

Vinay is the CEO and Founder of Arya.ai, the AI cloud for safe & responsible AI.

From self-driving cars to virtual assistants, AI is driving us to a high-performing ecosystem, creating promising use cases across industries every day. While organizations are generating substantial value with artificial intelligence (AI), the technology has many potential risks. Although its capabilities are expanding daily, so are the regulations, risks and ethical pitfalls around AI. Let’s discuss AI’s potential risks to individuals and society and industries’ preparedness to mitigate them.

Reliability is critical to ensuring the effective and safe deployment of AI models in real-world applications. While AI models are expected to maintain accuracy, their performance can drift over time due to several factors. Failure to monitor and diagnose AI models can lead to inaccurate predictions and high-stakes issues.

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