Technology Magazine January 2023 | Page 145

AI AND ML “Even uncontrolled , AI does not necessarily make a process less fair ”

SIAN TOWNSON PARTNER , OLIVER WYMAN
Overhyped AI scares people and masks the real benefits these technologies can offer , says Anthony J . Bradley , Gartner ’ s Group Vice President of Emerging Technologies and Trends Research . “ This can lead to slower adoption , and even sociopolitical fear and government regulation that will stifle progress .”
We take a closer look at six sectors that will attract a lot of future attention .
Predictions and forecasting AI is migrating from its position as a technology identifying relationships in data and predicting existing trends more accurately to a technology that spots future shifts in everything – from leisure spending and travel patterns to company creditworthiness – by analysing preferences and sentiments , says Sian Townson , Partner , Oliver Wyman .
“ As AI model explainability improves , along with more reliable ways to monitor performance , robustness and fairness , these more complex models have in turn become more reliable with their methods and results more understandable , hence more feasible and creative applications ,” she explains . “ AI can recognise disruptors by making connections between embedded characteristics .”
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