Tag: Discrimination

Financial firms need innovative technologies to keep up with the digital-first world. Enter ChatGPT, a cutting-edge machine learning tool that empowers marketing activities. However, it's not a substitute for human creativity and skills. Discover the advantages and limitations of ChatGPT in marketing strategies.

A GE Healthcare survey reveals the rising skepticism towards the use of AI in medical settings. Despite recognizing its benefits, 55% of respondents believe AI is not ready for use in medicine, and 58% expressed lack of trust in AI data. Mistrust arises from algorithms producing discriminatory results based on biased data. Clinicians require sufficient training to understand how AI can augment patient care. AI-driven systems can help resolve administrative tasks and allow for greater focus on patient care.

Discover how AI-powered tools can revolutionize HR processes, without overshadowing the importance of the human touch. Learn how to deploy AI responsibly and ethically for a fair and inclusive workplace.

Discover how Machine Learning algorithms embedded in online banking services can result in biased decisions towards certain groups, impacting credit cards, car loans, and mortgages. A new approach based on covariance analysis has been proposed to reduce bias while maintaining overall performance. By removing sensitive attributes, this innovative approach can improve fairness in decision-making processes and create a more equitable future for everyone.

Apple may be taking a cautious approach to generative AI, but competitors like Google and Microsoft are already integrating it into their products. With concerns about AI, Apple may need to speed up development to stay ahead in the race.