Responsible use of AI is essential for organizations that want to benefit from the advantages of generative AI. CEOs worldwide see that investments in AI lead to higher profits and more efficient work processes, but they also recognize the challenges, such as strict regulations and the need for proper integration with existing systems and data platforms. The integration of AI has become necessary for organisations to maintain their competitive positions and the possibilities of AI are growing daily as systems become more autonomous and operate in an increasingly intelligent way. Therefore, it is crucial that AI is used in a careful, responsible, and safe manner. This is what we call ‘Responsible AI’.
It’s not just the fact that legislation and regulations are constantly changing which makes Responsible AI important – there is also a growing demand for labour-saving technology. AI can help your company work in a more sustainable way. At the same time, Al comes with risks as applications operate with less and less human supervision. ‘Responsible AI’ is all about creating trust. Your clients are used to some services being provided by people so it’s essential you explain to them how the results of algorithms are set and that this is done in a secure way.
PwC has developed our Responsible AI Simulation Experience (RAISE) to support the optimal integration of ‘Responsible AI’ within your organisation. RAISE provides insight into which challenges your organisation faces in the field of AI. Together with our AI experts, you will go over the short term challenges to ensure you are better prepared and able to tackle complex issues over time. This will help you become future-proof and teach your teams new knowledge and methods.
As a company you have to comply with changing legislation and regulations, including the new EU AI Act. This makes it vital to integrate your AI solutions in a secure and accountable way. This can be achieved with our Responsible AI Toolkit, a series of customised frameworks, tools and processes that mainly focus on the security and ethics of your AI systems.
PwC will discuss these issues with you and analyse where your organisation stands with regard to its wishes, expectations and governance. This will provide you with the insight you need to answer questions from stakeholders regarding the use of AI. Our knowledge can also support you with aligning your AI applications with the latest legislation and regulations, allowing you to look to the future with confidence.