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3 ways to embed DEI into your company’s AI strategy

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Harvard Business Review or enjoy below:

🗞️ Driving the news: Here are the three crucial strategies for integrating Diversity, Equity, and Inclusion (DEI) into a company's AI strategy:
1. Embed DEI into the Design of Your AI System
2. Incorporate DEI into Upskilling and Training Programs
3. Use AI as an Opportunity to Boost DEI

🔭 The context: This approach was devised by Andy Baldwin and informed by his experience as EY's Global Managing Partner-Client Service and a member of the EY global DEI steering committee
He points out that global efforts are being made to establish guidelines for responsible AI, emphasizing the need for businesses to adopt practices that support DEI while mitigating AI-related risks

🌍 Why it matters for the planet: Embedding DEI in AI is not just a business imperative but also a societal one
As AI systems have the potential to influence large segments of the population, ensuring they are equitable and inclusive is crucial in creating a more just and fair society

⏭️ What's next: To harness the full potential of AI, businesses should adopt the three strategies laid out by Baldwin to ensure that their full workforce is engaged

💬 One quote: “A people-centered AI transformation will be the only kind of AI transformation to succeed,” (Andy Baldwin)

📈 One stat: According to the 2023 EY CEO Outlook Pulse Survey, nearly two-thirds (65%) of CEOs view AI technology as a force for good

Click for more news covering the latest on social responsibility

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