Responsible Artificial Intelligence

According to a report by PwC, Artificial Intelligence is estimated to add $15,7 trillion to global GDP by 2030. Read about ithere.

The AI industry is emerging rapidly and its vast reach into our society is hair-raising. It presents serious questions about liability, responsibility and governance.

A recent Forbes article highlights the debacle and rightfully so.

“The emerging artificial intelligence supply chain is effervescent and unstable. Startups, digital platforms, software suppliers, and hardware manufacturers are struggling to offer products, solutions, and business models to serve a growing demand from end users.”

With the demand for AI being so strong, new products can risk being rushed to market without sufficient testing.

So, who is to be held responsible if when something goes terribly wrong one day?

The producer? The user?The operator?

Legislation ought to be ready and very clear on the frameworks for emerging AI technologies.

The recently released report on “Liability for Artificial Intelligence” from the European Commission is an important step in the right direction.

Read the full report here:

 

More here on AI.

Our favorite microcap in the AI space is Plyzer Technologies. (Plyzer Intelligence). The shares (OTCQB:PLYZ) are trading at the low range of their 52 week high-low at $.06. A 2020 10X on Plyzer is a cakewalk. Target $.75.

Luka Marjanovic

Chief Analyst

Luka holds a Bachelors in International Business from Denmark and a Masters in International Management from ESADE. During his undergraduate studies he founded his own consulting firm, providing services to local businesses in various sectors; as well as working as a research assistant in the field of Big Data. Prior to his education he served in the Danish Royal Army as Second Sergeant, leading and managing a group of men, under extreme pressures and conditions. Luka has spent significant time abroad, living and working in six different countries.

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