The past few years have brought much hand wringing and arm waving about artificial intelligence (AI), as business people and technologists alike worry about the outsize decisioning power they believe these systems to have.
As a data scientist, I am accustomed to being the voice of reason about the possibilities and limitations of AI. In this article I’ll explain how companies can use blockchain technology for model development governance, a breakthrough to better understand AI, make the model development process auditable, and identify and assign accountability for AI decisioning.
Using blockchain for model development governance
While there is widespread awareness about the need to govern AI, the discussion about how to do so is often nebulous, such as in “How to Build Accountability into Your AI” in Harvard Business Review: