Author: Veronica Irwin
Publisher: Protocol
Publication Year: 2022
Summary: The following article discusses how startups, especially early-stage ones, are focused on making evangelical sales to large enterprises. Even with good intentions, it is easy for founders to think of cutting corners, which can have bad consequences. If investors do not trust the team or the product, the startup can be in deep trouble. If the artificial intelligence (AI) model developed by the startup is doing things it’s not supposed to, that is an even bigger problem. Thus, Ethical AI Governance Group (EAIGG) recommends 2 clear steps for startups, especially early-stage ones: having an ethical AI officer or adviser early on and using tools on a grassroot level to avoid ethical issue popping up in their AI product. Since AI is a double-edged sword, where one side is the massive applications and the other is the fear that it is not regulated, there needs to be company-level control on it. Suggestions from EAIGG and from other top tech firms in the world can be considered an exhaustive list for the present times