KONICA MINOLTA GROUP PUBLISHES ITS POLICY FOR THE USE OF AI
Almost every sector of the economy and society has been affected by Artificial Intelligence (AI) or will be soon.
However, AI is rich in contradictions: there are powerful tools that are also surprisingly limited in terms of current capabilities. AI can improve human existence, as well as threatens to deepen social divides and poses risks to people privacy and autonomy. Algorithms are expected to be data-driven and impartial, but it has been demonstrated how models can be greatly biased due to the kind of data used to train them.
That’s why Konica Minolta published its policy for the use of Artificial Intelligence, to share an understanding of the appropriate use of AI throughout the group and unite all its members in actively using AI to contribute to creating a better, human-centric society, to fulfil its responsibility as a global company.
As shown in the infographic, the main objective of the AI policy is to make sure that the development of AI activities in the company will aim at:
- realizing a society where people can pursue motivation and satisfaction in life,
- ensuring safety and security,
- respecting fairness,
- pursuing transparency and accountability,
- working with stakeholders, creating the way for appropriate use of AI
- fostering human resources.
AI IS UBIQUITOUS WITH REVENUES EXPECTED TO THRIVE
Even if AI is ubiquitous, as reminded by MIT’s professor Tomaso Poggio in his interview for our blog, “people expecting to have a really intelligent machine in less than ten years are going to be deluded”.
Nonetheless, for specific contexts, revenues from the global AI market are expected to grow. For instance, according to Tractica, ‘static image recognition, classification and tagging’ is forecast to be the most lucrative sector for AI with expected cumulative revenue of just over 8 billion U.S. dollars, followed by ‘algorithmic trading strategy’ and ‘processing of patient data’.