Tag: Artificial Intelligence

Big data meets artificial intelligence

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This paper provides an overview of the challenges and implications for the supervision and regulation of financial services with regards to the opportunities presented by BDAI technology: the phenomena of big data (BD) being used in conjunction with artificial intelligence (AI). The paper draws from market analyses and use cases to outline potential developments seen from the industry and government perspectives, and the impact on consumers.

Germany’s Federal Financial Supervisory Authority (BaFin)

Accountability of AI Under the Law: The Role of Explanation

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This paper examines AI systems and how these systems should be held accountable, in particular by one method: explanation. The paper focuses on using explanation from AI systems at the right time to improve accountability, and reviews societal, moral, and legal norms around explanation. The paper ends with advocating that at present, AI systems can and should be held responsible to a similar standard of explanation as humans are, and adapt as the future changes.

Berkman Center Research Publication Forthcoming; Harvard Public Law Working Paper No. 18-07

Finale Doshi-Velez, Mason Kortz, Ryan Budish, Christopher Bavitz, Samuel J. Gershman, David O’Brien, Stuart Shieber, Jim Waldo, David Weinberger, Alexandra Wood.

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