We’ve all heard rumblings about the potential bias-related risks AI can bring when models aren't properly trained or governed with plentiful, high-quality data. But, how many of us have paused to consider flipping this paradigm? Could our own bias on the subject of AI cause us to overlook how consciously-infused AI technologies could remove dangerous biases from our KYC and AML processes?

In this thought-provoking conversation, host Alex Pillow discusses the topic with AI and ethics expert, Anna Nicolis, senior manager at Braithwate, who specializes in helping global institutions with risk and compliance challenges.

Highlights of this episode include:

• A look at what the word “bias” really means
• The root causes of bias in society and within AI technologies
• Where AI has potential to help eliminate bias in the compliance lifecycle
• The role humans and data play in governing AI models

For a deeper dive into what was discussed, check out some of these recommended resources:

• Association for Financial Markets in Europe (AFME) report, Artificial Intelligence: Challenges and Opportunities for Compliance
• Information on the upcoming EU AI Act
• Future of Life Institute
• Research conducted by Moody’s Analytics on the attitudes, adoption, and use cases for AI in the world of risk management and compliance

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.