FICO's use of a private blockchain for AI model development has proven effective, reducing support issues and model recalls by over 90%, thus enhancing trust and efficiency.
Trust in AI requires transparency. As customers and regulators demand answers about AI processes, blockchain-based accountability provides a clear operational path towards this goal.
Organizations face a people challenge in integrating AI. It’s crucial to establish standards first and ensure systems are user-friendly to foster trust and collaboration.
With over half of Americans expressing concern about AI's impact, addressing biases and creating transparency through technology is essential for enhancing public trust.
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