Great to see our CEO Alan Trefler on CNBC yesterday. In this short interview Alan shares how Artificial Intelligence is being used in a transparent way to ensure the technology can be used in full compliance with regulators.
Transparent AI is when the technology is required to explain its decisions and how it reached them. It can explain exactly how it's using data to make decisions or predictions.
Opaque AI is a “black box” system, where the technology can’t explain itself or why it’s operating in a certain way. This doesn’t mean opaque AI is ineffective—instead this means it’s higher risk and, possibly, a liability.
Take a look into this in more detail if you're planning to or are already using AI today.
It's a company that works with the likes of Royal Bank of Scotland and United Healthcare. And you may have never heard of it. Watch Jim Cramer’s interview with the CEO of cloud software play Pegasystems.