
October 5, 2023
Authored: by Tomoko Yokoi & Michael R. Wade
Published: Institute for Management Development
Summary: The rapid development and adoption of AI have raised ethical concerns, and many organizations are committing to responsible AI principles, including transparency, fairness, non-harm, accountability, and privacy. To apply these principles, organizations adopt governance structures, such as internal committees or external advisory boards. Education programs help employees understand and implement AI ethics. To evaluate AI systems, mechanisms like ethics certification and audits are emerging. A holistic approach combining governance, education, and continuous adaptation to evolving AI ethics standards is crucial for long-term ethical AI development.