Addressing Ethical and Practical Challenges in AI: Insights from CDO Vision Singapore

The CDO Vision Singapore conference, held on 25th August 2023 at Novotel Singapore on Stevens, brought together over 30 CDOs and Analytics Leaders to discuss the future of data and analytics. One of the panel discussions focused on the ethical and practical challenges in AI, particularly in identifying and mitigating biases and ensuring inclusivity. Key Takeaways Identifying and Mitigating Biases The panel emphasized the importance of understanding biases within the data that goes into AI models. Corporate governance frameworks should be in place to ensure that biases are removed from the inception stage itself. Democratizing Data and Analytics Organizations should democratize the use of data and analytics, ensuring that it is not just the analytics team that understa