AI is already at work in our lives every day – in real-time traffic apps, shopping recommendations from online stores, fraud-detection notices from banks and even medical diagnostic tests. But AI holds the potential for an even more profound impact, much of which we cannot even predict in advance.
AI leading to a variety of ills if there are no regulations already in place - Economic Disruptions, Job Losses, Privacy and Security Implications. AI is not perfect, it can learn our bad habits. Thus technologies, including AI systems, can often reflect the biases of their creators. But can AI also help us identify those biases?
Machines and algorithms can provide more objective standards to discover real-word bias and discrimination and combat its effects. Thus AI can be a useful tool to move toward a more fair and inclusive society. AI can help solve algorithmic bias by removing some of our unconscious preferences and cataloging these biases to start conversations.
AI provides a more objective starting point for a wide range of decisions including pre-trial release and calculating insurance premiums. Because of the grave consequences of potential errors, some human review of important AI decisions, such as those in the legal system or employment, might still be necessary to guard against biased algorithms.
Relying on an unbiased (or at least less biased) AI would also provide support by showing that a more objective measure would have arrived at a different result. It is much easier to determine what factor led to an algorithm's conclusion than to accurately determine what was in the hearts and minds of an individual.
AI alone can't solve all of our problems, but it may be able to provide solutions that are more objective than the ones we ourselves generate.