Reconciling innovation and ethics
As the discussion progresses, the panel addresses how the race for innovation can conflict with ethical standards. Deepak looks back on his time at Microsoft, defending the principles of responsible AI.
“Guardrails, even if cumbersome, are essential to ensure that AI serves humanity responsibly,” he says.
Bobby highlights the dangers of “AI-washing,” where organizations misuse AI in their rush to adopt it.
“Slow down and implement the guiding principles. Monitoring is essential to prevent abuse, even with good intentions,” he advises.
Sachin highlights the importance of governance and practical tools, such as observing AI models under human supervision to assess accuracy.
“The combination of ethical principles and concrete frameworks ensures that the benefits of AI are maximized while minimizing the risks,” he says.
