AI-blockchain fusion is the killer app, FICO’s Scott Zoldi tells CoinGeek Backstage
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At the London Blockchain Conference 2024, Dr. Scott Zoldi, Chief of Data Analytics at FICO, talked to CoinGeek Backstage reporter Jon Southurst about artificial intelligence (AI), blockchain and how the two can work together to create better accountability. Check out the conversation via the video link below. width=”562″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”> Defining responsible AI Kicking things off, Southurst asks Zoldi to define responsible AI. He says these are models that can be trusted to make high-risk, critical decisions. In order to trust them, we must be able to audit and explain how they make decisions, and we must be able to share that with regulators and auditors. Fundamentally, Zoldi and FICO believe in a concept called “humans in the loop.” This means data scientists and AI engineers can check data points and their relationships, finding things like bias so that they can overrule or weed them out. Along with humans in the loop, blockchain technology will play a key role in creating the trust we need in AI models. Immutable records of decisions made by data scientists, auditors, and others create a strong incentive to do things right. Dealing with bias Expanding on the topic of data bias, Zoldi recognizes that both data and society at large are biased. AI models can explore all sorts of deeper relationships between data points, such as relationships between types of housing and certain races, for example. How do we deal with the biases of data scientists and AI engineers themselves? Zoldi says model development standards are set by a roundtable and enforced by blockchain technology. All FICO models use this responsible AI model. Furthermore, since FICO sees it as so important, it’s available to the industry as a whole, Zoldi told CoinGeek Backstage. Auditing models and the necessity of humans FICO uses the…
Filed under: News - @ June 26, 2024 8:10 am