According to KPMG’s latest CEO Outlook almost a quarter (22%) of UK CEOs said the top benefit of implementing the use of generative AI in their organisation was increased profitability, followed by new product and market growth opportunities (19%) and increased innovation (17%). Despite a willingness to push forward with their investments, global CEOs cited ethical challenges as their number one concern in terms of the implementation of generative AI.
KPMG takes a responsible approach to assessing the ethics, governance and security in place around clients’ AI and machine learning technologies. The set of frameworks, controls, processes and tools can help KPMG’s clients harness the power of AI —designing, building and deploying AI systems in a safe, trustworthy and ethical manner —so companies can accelerate value for consumers, organisations and society. Our responsible AI approach ensures:
• Fairness: Models are equitable and focused on mitigating societal bias.
• Explainability: AI can be understood, documented and open for review.
• Accountability: Mechanisms are in place to drive responsibility across the AI lifecycle.
• Data integrity: Data quality, governance and enrichment steps embed trust.
• Reliability: AI systems perform at the desired level of precision and consistency.
• Security: Safeguard against unauthorized access, corruption or attacks.
• Privacy: Compliance with data privacy regulations and consumer data usage.
• Safety: AI doesn’t negatively impact humans, property or the environment.
Our people-centred approach to AI focuses on minimizing bias in AI and ensuring that people are considered in the use of AI.
KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit kpmg.com/governance
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service.
Clifford Chance are one of the world's pre-eminent law firms, with significant depth and range of resources across five continents. We provide our clients with the highest-quality advice and legal insight, which combines the Firm's global standards with in-depth local expertise.
We recognise that rapid advances in technology such as artificial intelligence (AI), robotics, blockchain, big data and cyber security are significantly impacting our clients' business models, their growth strategies and even day-to-day decision making, bringing opportunities to be harnessed and risks to be navigated. The Clifford Chance Tech Group offers clients, wherever they are located and whatever industries they operate in, a new approach to meeting their tech challenges by breaking down traditional law firm practice area boundaries. We are a multidisciplinary team of over 600 tech-savvy lawyers located around the world delivering holistic, joined up, expert legal advice to both tech and non-tech clients on their most exciting, complex and transformational tech-related matters. Integrated and dynamic, our Tech Group is a single global team delivering strategic tech law advice to help clients stay ahead of the curve and outstrip the pace of change.