University of California, Berkeley, Haas School of Business released its Playbook on Mitigating Bias in AI. The playbook, authored by Genevieve Smith and Ishita Rustagi, drew from interviews with various experts in the field, including the Lab’s director, Dr. Canca.
About the Playbook:
“Artificial intelligence (AI), which represents the largest economic opportunity of our lifetime, is increasingly employed to make decisions affecting most aspects of our lives. This is exciting and use of AI in predictions and decision-making can reduce human subjectivity, but it can also embed biases, producing discriminatory outcomes at scale and posing immense risks to business. Harnessing the transformative potential of AI requires addressing these biases.
By mitigating bias in AI, business leaders can unlock value responsibly and equitably. This playbook will help you understand why bias exists in AI systems and its impacts, beware of challenges to address bias, and execute evidence-based plays.”