AI facts

Business framework for ethical use of AI

The British Institute for Business Ethics (IBE) has published a framework for the ethical use of artificial intelligence. The framework contains principles and values such as respect for privacy, transparency, human control and accountability.

According to IBE, business leaders play an important role in “minimising” the risk of ethical failures stemming from the use of AI. “There are some measures that organisations can adopt to minimise the risk of ethical lapses due to an improper use of AI technologies,” the institute states.

The IBE calls for a multi-stakeholder approach to improve and implement the framework. “Working with regulators and policy makers, businesses have the opportunity to make a significant contribution to agree on a framework of ethics and norms in which AI can thrive and innovative safely.”