RESPONSIBLE AI IMPACT ASSESSMENT

Is your organisation developing or using algorithms, automated decision-making or machine learning models? Fairness, ethics, accountability and transparency are increasingly a focus as regulators and the community grow more vigilant about hidden harms and biases in AI.

A Responsible AI Impact Assessment is a detailed evaluation of an AI system focused on its potential benefits and risks prior to real-world deployment. This allows deficiencies to be caught early so safeguards can be put in place. Assessments examine factors such as data practices, fairness, transparency, accountability, and impact on stakeholders.

Undertaking an assessment and promoting the fact you are doing it builds trust and customer acceptance. Spotting problems early on allows legal, ethical and PR problems to be avoided.