Vanja Radivojevic

Manager | Data & AnalyticsFinancial System Towards the 4th Industrial Revolution

28 October 2019 – Yerevan, Armenia

Ethics, Justice & Artificial Intelligence

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What is AI?

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Can we trust the analysis and

decision-making processes that

take place behind machine

learning algorithms?

2.5 quintillion records of data

We are defined by our behaviours

4th Industrial Revolution

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Turn data into insightinto value

Data Revolution

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“The most valuable commodity I know of is information.” – Gordon Gekko, Wall Street.

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Data used by algorithms is

simply a mirror reflecting long-

held social prejudices.

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“If we give these systems biased data, they will be biased.“- John Giannandrea, Google

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“AI is likely to be the best or the worst thing to happen to

humanity” –Stephen Hawking

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Who is responsible when things go wrong?

Manage Trust

Wild West of Algorithms

Governance

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Humanity is Imperfect.

Our actions are Imperfect.

Algorithms are Imperfect right

alongside us.

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AI In the Judicial System

Injustice anywhere is a

threat to Justice

everywhere –Martin Luther

King Jr..

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“A year spent in AI is enough to make

one believe in God” –Alan Perils

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It is our responsibility to steer the use of AI in such a way to foster human flourishing and well-being.

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POTENTIAL BENEFITS

Prediction Technology

Speed in judiciary processes

Reduction in corruption

Increase productivity & e-Discovery

Reduction in number of civil servants

Document Automation & Intellectual Property

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CONSIDERATIONS

Embedded biases in data

Security concerns

Need for explainability

ST unemployment pressures

Skill dependent

Emotional Intelligence

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Understandable to creatorsAccountable to users

Who builds the algorithms?What data are used?

Domain & cultural differencesCulture of reporting & accountability

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AI in Control

Rethink your approach to the risks and controls

relating to Artificial Intelligence

Develop AI strategy & governance models

Design, model & train AIEvaluate ML methods

Help monitor AI as it evolves, learns & matures

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Anticipate tomorrow.Deliver today.

Thank You

Questions?

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