Tag: AI Financial deployment risks

5 things about AI you may have missed today: RBI dy governor flags AI risks, copyright challenges sparked by AI boom
Technology

5 things about AI you may have missed today: RBI dy governor flags AI risks, copyright challenges sparked by AI boom

[ad_1] RBI Deputy Governor flags AI risks in finance sector; AI reshapes sales: Professionals save over 2 hours daily, focus on human connections; Canadian health care workers embrace AI amid staffing crisis; Samsung's AI-powered fridge generates recipes- this and more in our daily roundup. Let us take a look.1. RBI Deputy Governor flags AI risks in finance sectorRBI Deputy Governor M Rajeshwar Rao expressed concerns about AI deployment in financial institutions, citing risks of data bias, governance challenges, and transparency issues. Speaking at a conference, he highlighted design-specific problems like biases and robustness, alongside traditional concerns such as data privacy and cybersecurity. According to a Business Standard report, Rao emphasised that AI inherits biases from trai...