Go to the list of all blogs
Sergey Savastiouk's Avatar
published in Blogs
Feb 27, 2021

Are Business Leaders Taking an Ethical Approach to A.I.?

Powerful, functional tools – like machine and deep learning – are becoming commonplace within businesses, governments, and more. But every positive story seems to be met with equal outpourings of concern about job loss, wealth stratification, and Skynet-esque machine domination.

There are positive signs that businesses recognize their role in assuaging these fears, according to a recent study conducted by SAS, Accenture, Intel, and Forbes Insights. “AI Momentum, Maturity, and Models for Success,” based on a global executive survey of 305 business leaders, reports that leadership is both aware of and actively taking steps to ensure that AI is used ethically and responsibly at their respective companies. 72 percent of businesses around the world have adopted AI; of these companies, 70 percent offer training for staff and 63 percent have functional ethics committees to oversee AI-related issues. 92 percent of “AI leaders” in these organizations receive some type of ethics training – chief information, technology, and analytics officers included.

Some organizations have created AI-oversight positions, including study-contributor Accenture Applied Intelligence. Rumman Chowdhury, the responsible AI lead there, says that organizations realize the seriousness of potential AI issues and “have begun addressing concerns and aberrations…such as biased and unfair treatment of people.” Doing so means enjoying AI’s benefits while embracing a “do no harm” ethos, which Chowdhury believes includes providing “prescriptive, specific and technical guidelines to develop AI systems that are secure, transparent, explainable, and accountable” – all in an effort “to avoid unintended consequences and compliance challenges that can be harmful to individuals, businesses, and society.”

There is additional positive news: 74 percent of AI leaders “reported careful oversight with at least a weekly review or evaluation of outcomes”, while 43 percent have implemented processes for “augmenting or overriding” results found to be questionable through the review process. But there remains room for improvement, and advances in AI (as well as increased adoption) mean businesses are responsible for keeping up. Yinyin Liu, who heads Intel AI’s data science division, believes understanding AI “enables effective human oversight”. “Algorithm transparency and accountability, as well as having AI systems signal that they are not human, will go a long way toward developing the trust needed for widespread adoption,” says Liu.

Trust – between business and customers, and between employees and AI – may be the single most important driver in encouraging companies to practice ethical AI use. 60 percent of businesses that have or plan to deploy AI “are concerned about the impact of AI-driven decisions on customer engagement…that their actions will not show enough empathy or customers will trust them less.”

Functional AI is still a relatively new phenomenon, with all the challenges inherent to that newness. Forbes Insights research director Ross Gagnon says “…the question executives should be asking themselves is not whether to deploy AI, but how quickly?” Doing so ethically will mean maintaining the trust of their customers and employees – and ensuring a bright and successful future.
 

If You’re Wondering When A.I. Will Start Making Market Predictions…

Guess what – it already is. Hedge funds and large institutional investors have been using Artificial Intelligence to analyze large data sets for investment opportunities, and they have also unleashed A.I. on charts to discover patterns and trends. Not only can the A.I. scan thousands of individual securities and cryptocurrencies for patterns and trends, and it generates trade ideas based on what it finds. Hedge funds have had a leg-up on the retail investor for some time now.

Not anymore. Tickeron has launched a new investment platform, and it is designed to give retail investors access to sophisticated AI for a multitude of functions:

And much more. No longer is AI just confined to the biggest hedge funds in the world. It can now be accessed by everyday investors. Learn how on Tickeron.com.

Ad is loading...
In July, Apple (NASDAQ: AAPL) made history as the first company to close regular-session trading with a market capitalization exceeding $3.5 trillion. Despite early session declines, Apple stock reached an all-time high of $229.40 and closed at $228.68.
Swing trading involves holding positions for several days to weeks to capture gains from market movements that unfold over a medium-term horizon. This strategy relies on technical analysis to identify potential entry and exit points, often supplemented by fundamental analysis to strengthen trade decisions.
The cleaning sector has exhibited a notable performance increase, experiencing a +4.71% rise over the past week. This performance surge reflects positive market sentiment and possibly increasing demand within the sector.
The immuno-oncology sector, comprising companies that develop advanced technologies for cancer treatment, has shown promising performance recently. This sector's innovation and critical role in advancing cancer treatments have led to a significant market response, reflected in a notable +8.04% increase in performance over the past week. Below is an analysis of the key players in this group—Corvus Pharmaceuticals (CRVS), AnaptysBio (ANAB), and iTeos Therapeutics (ITOS)—focusing on market capitalization, price movements, volume changes, and technical indicators.
U.S. stocks took a hit as tech shares dropped and the yen strengthened, leading to a 1,033-point drop in the Dow. With growing concerns over the Fed's rate policy, analysts now predict multiple rate cuts to address rising economic risks.
The technology sector remains a dynamic space for investors, with certain themes like portable devices showing substantial growth potential. Over the past week, the portable devices theme has seen an impressive performance with a +14.86% increase, highlighting the strength and resilience of companies operating within this sector. In this article, we will explore key metrics such as market capitalization, price trends, and volume growth, while also taking a closer look at the individual performances of companies within this theme, particularly focusing on Apple Inc. (AAPL), CEVA Inc. (CEVA), and Generac Holdings Inc. (GNRC).
The performance of companies in the fish-selling category has attracted significant attention recently, primarily due to the group's impressive +19.69% increase in performance over the past week. The 'fish' category, which includes companies that sell or produce fish, often overlaps with firms involved in poultry, frozen meat, and dairy products. Notable companies in this sector include Lifeway Foods, Inc. (LWAY), Sanderson Farms, Inc., and Hormel Foods Corp. (HRL). In this article, we will explore the market dynamics, price movements, and volume changes affecting this sector, with a focus on the group of tickers HRL, LWAY, BRFS, and PPC.
Two standout models are at the core of Tickeron's new bots (robots). Identifying and acting on price drops ("search for dips") and leveraging significant volatility spikes.
Tickeron has introduced advanced AI trading bots designed for day traders, utilizing Financial Learning Models (FLMs) and technical analysis to optimize strategies in high-volatility markets. These bots are engineered to capitalize on price surges and provide precise, short-term trading opportunities.
The railroads sector has recently demonstrated impressive performance, with a notable +19.69% increase in performance over the past week. This surge underlines the sector's critical role in freight and passenger transportation across North America, providing essential infrastructure for both national and international trade logistics. This article delves into the sector's key players, their market performance, and recent trends that are shaping the future of rail transport.
The uranium sector has been gaining notable attention recently, with a sharp uptick in performance. As of last week, uranium companies have seen a significant increase in performance by +10.69%. This surge brings renewed focus to uranium, a critical element used in nuclear power generation. With nuclear energy gaining traction as a cleaner alternative, companies engaged in uranium acquisition, exploration, and development are well-positioned to capitalize on this demand.
Amazon (AMZN) saw a $54B market cap increase this week, driven by a 2.74% stock price surge. Despite the short-term volatility indicated by breaking its upper Bollinger Band, the company's strong positioning in AI and cloud computing continues to attract investor interest.
The financial markets saw a mix of gains and declining volatility between September 23-27, with key indexes like SPY, QQQ, and DIA posting positive returns. Despite rising stocks, volatility measures dropped, reflecting reduced market uncertainty. This article explores market trends and highlights AI-driven trading robots designed to capitalize on opportunities while managing risk.
Tickeron's AI-powered Trend Trading bots are revolutionizing stock investing by integrating Financial Learning Models (FLMs) to help hedge fund managers and traders uncover undervalued stocks. These bots provide actionable signals, apply advanced risk management strategies, and support disciplined growth, empowering investors to navigate complex financial markets with ease.
The aluminum construction companies have experienced a significant boost, with the segment seeing a +11.13% increase in performance over the past week. This growth is largely driven by the rising demand for lightweight materials, particularly in the automotive sector, where aluminum is being widely adopted to improve fuel efficiency. The aluminum industry plays a vital role in the U.S. economy, generating approximately $71 billion annually in direct economic impact, according to The Aluminum Association.
Unlock the potential of AI-powered swing trading with robots designed to track dips in top S&P 500 stocks. Whether you're a beginner or experienced trader, these tools help manage up to $20k per position, balancing risk and reward with advanced algorithms and market insights. Discover how to maximize returns in volatile markets!
Discover Tickeron's new AI-driven trading bots designed for high-volatility markets and impulse price action. Leveraging Financial Learning Models (FLMs) and technical analysis, these bots optimize trades, offer a 70% win rate, and execute strategies for day traders focused on fast market moves.
The Diesel Companies segment has displayed a notable increase of +9.44% in performance over the past week. This uptick highlights a positive trend in the sector, encompassing companies involved in the manufacturing of diesel vehicles and the distribution of transportation fuels.
Tickeron launches AI-powered Stock Picker robots to assist hedge fund managers with sector rotation, growth-focused small-cap stocks, and strategic risk management. Using proprietary FLMs, Stock Pickers offer quant-driven signals and adaptive strategies for long-term growth and investment
Tickeron unveils an intuitive AI trading bot interface, offering tailored strategies for day, swing, and trend traders. From beginners to pros, discover tools designed to optimize trading precision, adapt to market volatility, and provide hedge fund-level insights for smarter investments.