American insurers are being urged not to drag their feet on ensuring their use of AI is “explainable” to regulators and consumers.
Explainable Artificial Intelligence (XAI) is rapidly emerging as a crucial advancement, poised to tackle this pressing issue by providing clarity and justification for decisions made by AI algorithms.
As increasing use cases of AI in insurance add urgency to the need for explainability and transparency, experts are recommending "explainable AI" best practices to follow and key challenges to ...
Researchers from chemistry, biology, and medicine are increasingly turning to AI models to develop new hypotheses. However, ...
Zehra Cataltepe is the CEO of TAZI.AI, an adaptive, explainable AI and GenAI platform for business users. She has 100+ AI papers & patents. For wealth management firms, finding and converting the ...
Explainable AI (xAI) is the answer – it makes the process more understandable. This article try to show how xAI can help banks be more transparent, reduce bias, and build more trust with their ...
AI-Complete problems demand a full range of human abilities, such as reasoning, learning, perception, and language understanding. Unlike simpler AI tasks (such as recognizing a cat in a photo), these ...
Without explainable AI, enterprises risk making decisions based on unreliable or misunderstood information, potentially resulting in costly errors and loss of stakeholder trust, according to Frost.
Many AI models operate as "black boxes," making interpreting their decision-making processes difficult. To address this, explainable AI (XAI) and deep research models that enhance transparency ...
A future AI-driven disruption could be even more unpredictable. What can CIOs do today? * Invest in transparent and explainable AI: Black-box models increase risk exposure. Transparent systems ...