What does the concept of ‘trustworthy AI’ emphasize?

The concept of ‘trustworthy AI’ emphasizes principle-based development and ethical governance because it focuses on ensuring that AI systems are designed and operated responsibly. This involves adherence to ethical guidelines and principles that promote fairness, accountability, transparency, and privacy. Trustworthy AI aims to build confidence among users and stakeholders that AI technologies are being deployed in a manner that is not only effective but also respectful of human rights and societal norms.

In contrast to rapid experimentation and innovation, which may prioritize speed and output over ethics, or minimizing costs and maximizing market share, the foundation of trustworthy AI is rooted in creating systems that are beneficial and safe for society. By prioritizing ethical governance, organizations can address potential biases and risks associated with AI, thereby fostering a more trustworthy and responsible use of these technologies.