Best Practice Report

AI Aspirants: Caveat Emptor

Tackle Third-Party Risk Head-On And Improve AI Accountability

August 18th, 2023
Brandon Purcell, VP, Principal Analyst
Brandon Purcell VP, Principal Analyst
With contributors:
Aaron Katz , Srividya Sridharan , Diego Lo Giudice , Martha Bennett , Alla Valente , Aldila Yunus , Rick Parrish , Melissa Parrish , Evan Megan , Rachel Birrell

Summary

A lack of accountability in artificial intelligence (AI) can result in regulatory fines, brand damage, and lost customers. Responsible AI development involves training in the ethical use of AI, testing throughout the AI lifecycle, and independent review and audit. This report advises business and tech leaders on how to improve their company’s AI accountability by performing third-party due diligence and adhering to emerging best practices for responsible AI development and deployment.

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