In recent years, artificial intelligence (AI) has become embedded in many of the processes of business operations, public life, and politics. Yet as AI is increasingly becoming a part of people’s lives, suspicions have mounted as to whether AI is a force for good, or whether its algorithms create bad outcomes for some of those on the receiving end of its calculations. In a 2020 survey by KPMG, only 26% of UK citizens were willing to rely on information provided by an AI or to share data with an AI. To combat the festering mistrust in AI, the UK Government published its novel Algorithmic Transparency Standard in late November 2021. This blogpost introduces the standard, evaluates its potential, and points to the questions which remain open.
Facial recognition technology is controversial amongst consumers, and a lack of clear rules about how to apply it has caused concerns amongst both the public and regulators. However, the benefits in certain contexts are there for all to see, and the race is on between business and lawmakers to shape the regulatory landscape.