AI Summit_Sept. 13 2024

Executive summary

In this document we:

The rise of foundation models offers enterprises exciting new possibilities but also raises new and expanded questions about their ethical design, development, deployment and use. According to a recent IBM Institute for Business Value generative AI survey, organizations are already expressing concerns about trust-related L ³ N 4 are cybersecurity (57%), privacy (51%) and accuracy (47%). Many organizations were taking these concerns seriously before the consumerization of generative AI, expressing their intent to invest at least 40% more in AI ethics over the next three years. Awareness about risks and possible ways to mitigate them is ³ !) N

% ³ Q their capability to perform challenging tasks, potential to speed up the adoption of AI, ability to increase ³ N Discuss the three categories of risk, including risks !)Q ³ by foundation models and emerging risks intrinsic to the generative capabilities of foundation models.

Cover the principles, pillars and governance that form the foundation of IBM’s AI ethics initiatives and suggest guardrails for risk mitigation.

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Foundation models: Opportunities, risks and mitigations | February 2024

AI Roundtable Page 678