NEW DELHI: Practically 60% of companies surveyed reported having both matured Accountable AI (RAI) practices and insurance policies or having initiated formal steps in the direction of adoption of such accountable practices, in line with a report by business physique Nasscom.
About 30% reported having primary consciousness of RAI imperatives and not using a formal technique or framework, the report mentioned, citing the early insights on the state of RAI in India.
Primarily based on evaluation of the information collected by a survey of over 500 senior executives from throughout giant enterprises, SMEs and startups engaged within the industrial improvement and/or use of AI (Synthetic Intelligence) in India, the report gives a glimpse into the beliefs and perceptions of the tech business about its key strengths and areas for enchancment in the case of compliance with the benchmarks for RAI adoption.
The rising want for RAI amongst AI customers and stakeholders is compelling business leaders to put money into superior RAI instruments and methods whereas emphasising transparency of their AI practices. As companies scale up AI maturity, additionally they are likely to report larger RAI maturity, it mentioned.
“About 60% of the surveyed companies reported having both matured RAI practices and insurance policies or having initiated formal steps in the direction of RAI adoption. 30% reported having primary consciousness of RAI imperatives and not using a formal technique or framework,” it mentioned.
Builders are virtually two occasions extra doubtless than customers to report larger ranges of RAI maturity. Giant enterprises (these with annual income greater than Rs 250 crore) are 2.3 occasions extra doubtless than startups and 1.5 occasions extra doubtless than SMEs to report matured RAI practices.
About 30% reported having primary consciousness of RAI imperatives and not using a formal technique or framework, the report mentioned, citing the early insights on the state of RAI in India.
Primarily based on evaluation of the information collected by a survey of over 500 senior executives from throughout giant enterprises, SMEs and startups engaged within the industrial improvement and/or use of AI (Synthetic Intelligence) in India, the report gives a glimpse into the beliefs and perceptions of the tech business about its key strengths and areas for enchancment in the case of compliance with the benchmarks for RAI adoption.
The rising want for RAI amongst AI customers and stakeholders is compelling business leaders to put money into superior RAI instruments and methods whereas emphasising transparency of their AI practices. As companies scale up AI maturity, additionally they are likely to report larger RAI maturity, it mentioned.
“About 60% of the surveyed companies reported having both matured RAI practices and insurance policies or having initiated formal steps in the direction of RAI adoption. 30% reported having primary consciousness of RAI imperatives and not using a formal technique or framework,” it mentioned.
Builders are virtually two occasions extra doubtless than customers to report larger ranges of RAI maturity. Giant enterprises (these with annual income greater than Rs 250 crore) are 2.3 occasions extra doubtless than startups and 1.5 occasions extra doubtless than SMEs to report matured RAI practices.
