Ethical considerations in data-driven decision making

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Presented by

Umesh Hodeghatta, Ph.D, Chief Scientist | Northeastern University

About this talk

AI can be applied to various fields, including manufacturing, automobile, healthcare, finance, and IT, and its impact is becoming increasingly evident. However, developing an AI system that meets essential criteria such as reliability, safety, trustworthiness, security, explainability, interpretability, accountability, transparency, privacy enhancement, and fairness while managing harmful biases poses significant challenges. It is the collective responsibility of all stakeholders to address these challenges. During the session, I will delve into the obstacles and ethical considerations involved in creating a responsible AI system. I will provide valuable insights into areas such as data privacy, data security, governance, regulations, and the integration of AI and ML into existing digital strategy frameworks. By participating in this session, attendees will gain a comprehensive understanding of the importance of developing responsible AI practices to harness the power of data-driven decision-making, ultimately driving business revenues and success in today's competitive digital world. Key topics to be covered include: - The significance of data in shaping data-driven decision-making strategies. - Ensuring robust data governance and maintaining high standards of data security. - Ethical considerations surrounding AI and the impact on data-driven decision making.
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