Connect with us

Business

Effective AI assessments can enhance confidence in AI

Published

on


For business leaders, policymakers and the public, AI represents a generational opportunity for increasing productivity and innovation. But AI can also seem like a black box — with minimal transparency and assurance of its effectiveness, governance and trustworthiness.  And while AI assessment frameworks are emerging that aim to address these concerns, the sheer number and variety of approaches is challenging.

Written by EY professionals in collaboration with the Association of Chartered Certified Accountants (ACCA), this article explores the nascent field of AI assessments, identifies the characteristics of effective AI assessments and highlights key considerations for business leaders and policymakers. Our review finds a rapidly emerging assessment ecosystem that provides businesses with an opportunity to build and deploy AI systems that are more likely to be effective, safe and trusted. AI assessments — whether voluntary or mandatory — can increase confidence in AI systems. When well-designed, they can enable business leaders to evaluate whether the systems are performing as intended, inform effective governance and risk mitigation, and support compliance with any applicable laws, regulations or standards.  

The concerns about AI — like the excitement — are broad based. The EY 2025 AI Sentiment Index Study, a global survey of over 15,000 people, found that while 82% of consumers have chosen to use AI in the past six months, 58% of consumers are worried that organizations are failing to hold themselves accountable for negative uses of AI. Business leaders are asking how they can assess whether an AI system is safe and effective; how they should identify and manage its risks; and how to measure an AI system against governance and performance criteria.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Goods from Japan and South Korea hit with 25% levy

Published

on


The US plans to impose a 25% tax on products entering the country from South Korea and Japan on 1 August, President Donald Trump has said.

He announced the tariffs in a post on social media, sharing letters he said had been sent to leaders of the two countries.

The White House has said it expects to send similar messages to dozens of countries in coming days as the 90-day pause it placed on some of its most aggressive tariffs is set to expire.

The first two letters suggest that Trump remains committed to his initial push for tariffs, with little change from the rates announced in April.

At that time, he said he was looking to hit goods from Japan with duties of 24% and charge a 25% on products made in South Korea.

Those tariffs were included in a bigger “Liberation Day” announcement, which imposed tariffs on goods from countries around the world.

After outcry and turmoil on financial markets following the initial tariffs announcement, Trump suspended some of the import taxes to allow for talks. That deadline is set to expire on 9 July.

On Monday, Treasury Secretary Scott Bessent said he expected “a busy couple of days”.

“We’ve had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals,” he told US business broadcaster CNBC.



Source link

Continue Reading

Business

What Are the Real-Life Consequences of AI? – Business Insider

Published

on



What Are the Real-Life Consequences of AI?  Business Insider



Source link

Continue Reading

Business

Edinburgh Airport liquid limit increased from 100ml to two litres

Published

on


Claire Thomson

BBC Scotland News

BBC An orange airport video signboard saying "Liquids of up to 2 litres now allowed" with passengers carrying hand luggage walking in backgroundBBC

There is no limit on the number of two litre containers in hand luggage

Edinburgh Airport has lifted the 100ml rule for liquids being carried in hand luggage.

It will now be possible to take containers of up to two litres through security, and they will not need to be removed from bags.

The change comes after an extra two lanes and eight scanners costing £24m were installed at the international hub.

Edinburgh Airport is the first airport in Scotland to lift the rule. Birmingham airport has also lifted the rule.

There will be no limit on the number of containers that passengers can carry in their hand luggage, but metal water bottles will need to be emptied beforehand.

Items such as bottles of wine or large water bottles can also be taken on in cabin bags.

Smiths Detection A Smiths Detection airport security scanner with a blue suitcase in a tray on the conveyor belt. Smiths Detection

Eight scanners costing £24m have been installed at the international hub

Passengers using the airport are also able to keep large electricals, such as iPads, tablets and laptops, in their hand luggage.

Gordon Dewar, chief executive of Edinburgh Airport, said it would allow passengers to move through security more easily than they currently do.

But he said passengers should check security rules at their return destination as other airports may not have moved away from the 100ml limit.

“A whole generation of travellers have only known the 100ml rule to be the case, so it really is a momentous day as we become the first airport in Scotland to lift the rule since it was introduced in 2006,” he said.

“The change allows more flexibility for passengers to take liquids through security, all while maintaining and improving our high safety levels through the use of 3D technology.”

What are the rules at Scotland’s airports?

Passengers at Glasgow and Aberdeen airports can leave liquids and electronics items, such as laptops and tablets, in cabin bags while going through security.

Liquids, which include creams, gels, pastes, sprays and aerosols, can be taken through in containers of up to 100ml in volume without using a plastic bag.

There is no limit on how many 100ml items passengers can bring.

At Inverness and Glasgow Prestwick airports, liquids, laptops and other electronic devices, including hairdryers, cameras and straighteners, must be removed from cabin bags and placed in a tray.

Liquids in a container of 100ml or less should be placed in a sealed 20cm x 20cm, one litre plastic bag.

Each passenger can only take one of these bags.



Source link

Continue Reading

Trending