The responsible deployment of artificial intelligence in business: Slaughter and May and ASI Data Science publish joint white paper
Leading international law firm Slaughter and May and high-growth British technology firm, ASI Data Science, today publish Superhuman Resources, their joint white paper on the responsible deployment of artificial intelligence (AI) in business.
Download the full white paper here.
The authors believe that AI could become the most transformative workplace technology of the 21st century, with the associated need for business leaders to assure themselves that they are deploying AI effectively and responsibly.
Superhuman Resources sets out a series of practical questions for businesses to address in respect of AI in the areas of governance and quality assurance, in addition to tackling crucial legal considerations. These include privacy and data processing legislation compliance, the potential for discriminatory outputs from AI systems, and the fair allocation of risk.
This guidance is set against a regulatory backdrop that poses distinct challenges for policymakers and corporate governance. While the growth of AI is no different from that of other fields of innovation in respect of the need to develop ethics and laws simultaneously, it offers a real opportunity for businesses to shape and influence legal and regulatory frameworks as they begin to adapt to machine-based processes, products and services.
Superhuman Resources is introduced by Matt Ridley, columnist at The Times, member of the House of Lords and author of several books on evolution, innovation and society. His foreword concludes:
‘…it is critical that the risks and liabilities associated with AI adoption are equally well recognised as businesses increasingly expose machine learning compliance to their clients and customers and the public at large.’
Marc Warner, CEO at ASI Data Science, said:
‘AI isn’t just another new technology. It has the ability to alter, and in some cases completely replace, human processes.
‘AI’s virtually limitless potential to transform businesses and workplaces across the world is incredibly exciting, but it is vital that any organisation that deploys AI ensures it does so responsibly.’
Rob Sumroy, partner at Slaughter and May, said:
‘Technology issues have moved over the last decade from the back office to the boardroom table. However, AI isn’t just another technology. Successful adopters will be those who are able to reinterpret strategies around human resources and risk allocation so that they can be applied effectively to machines.’
Ben Kingsley, partner at Slaughter and May, added:
‘We are keen advocates of AI and its transformative potential. However, it is not without risk, particularly in the absence of accepted best practice, industry standards or benchmarks. Our report suggests concrete, practical principles for businesses that want to deploy AI systems responsibly and successfully.’
The full Superhuman Resources white paper can be viewed on both the Slaughter and May and ASI Data Science websites. The responsible deployment of AI will be discussed at a panel session at The Institution of Engineering and Technology, London, on Wednesday 14 June 2017.