Business Roundtable, representing over 230 CEOs across industries, has announced the launch of the “Roadmap for Responsible Artificial Intelligence (AI),” an initiative to guide the responsible development and use of AI. The Roadmap provides a set of principles to guide businesses as they implement Responsible AI. It also reflects the perspectives and real-world experiences of companies from every sector of the economy, including AI developers, deployers and end users.
Alongside the Roadmap, Business Roundtable also released a set of policy recommendations to encourage AI governance, oversight and regulation that build public trust in AI while enabling innovation and promoting continued U.S. leadership.
The core principles for businesses to consider include: innovate with and for diversity; mitigate the potential for unfair bias; design for and implement transparency, explainability and interpretability; invest in a future-ready AI workforce; adapt existing governance structures to account for AI; and operationalize AI governance throughout the whole organization, among others.
Business Roundtable is calling on the Biden Administration, Congress and regulators to establish practices, rules and guidelines consistent with 10 policy recommendations. These recommendations range from adopting regulatory approaches to AI that are contextual, proportional and use-case specific and embedding AI rules and guidelines into existing frameworks, as appropriate, to engaging on global AI standards and guidelines and investing in AI education and proficiency at all levels.