April 17, 2019

EY Trusted AI platform, CATA promoted innovation

Dear Community members,

We would like to share with you an exciting news which might be of interest to your organization: EY has developed the first solution designed to offer users an integrated approach to evaluate, monitor and quantify the impact and trustworthiness of AI.

Artificial intelligence (AI) plays a key role in an organization’s digital transformation efforts. It will eventually transform many enterprises and industries. But its pace of development has been affected by a lack of trust.

To help organizations build trust in AI, EY designed the EY Trusted AI platform . Enabled by Microsoft Azure, the platform uses advanced analytical models to evaluate the technical design of an AI system and then produces a technical score. This is based on the measurement of risk drivers that include AI’s:

  • objective
  • underlying technologies
  • technical operating environment
  • level of autonomy compared with human oversight

Cathy Cobey, EY Global Trusted Artificial Intelligence Advisory Leader & CATA Innovation advocate, says:

“Currently, a lack of trust is the leading barrier to the adoption of AI. If AI is to reach its full potential, we need a more granular view – the ability to predict conditions that amplify risks and then target mitigation strategies for risks that may undermine trust, while still considering traditional system risks such as reliability, performance and security. Sponsors and users alike want to develop AI in a transparent, accountable and therefore trusted manner. This innovative EY capability is a significant step toward reaching that goal.”

For more information, read the full press release here.

Please share the details about this new solution with your peers to help them transform their businesses and unlock better ways of working by building trust in AI.

If you have any questions or need additional information, please contact:

Gerri Karadjova-Stoev | Thought Leadership and Brand Specialist | Brand, Marketing and Communications
Ernst & Young LLP
100 Adelaide Street W, Toronto, ON M5H 0B3, Canada
Office: +1 4169417739 | Gerri.Karadjova-Stoev@ca.ey.com
Website: http://www.ey.com

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The Canadian Advanced Technology Alliance (CATAAlliance), Canada’s One Voice for Innovation Lobby Group, crowdsources ideas and guidance from thousands of opt in members in moderated social networks in Canada and key global markets. Supported by evidence-based research, CATAAlliance then mobilizes the community behind public policy recommendations designed to boost Canada’s innovation and competitiveness success.

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Contact: CATAAlliance CEO, John Reid at email jreid@cata.ca, tel: 613-699-8209, website: www.cata.ca, tags: Innovation, Leadership, Entrepreneurship, Advocacy