Artificial Intelligence, Data, Ethics An Holistic Approach for Risks and Regulation

36 Pages Posted: 15 Jul 2019

See all articles by Alexis Bogroff

Alexis Bogroff

Université Paris I Panthéon-Sorbonne

Dominique Guegan

Université Paris I Panthéon-Sorbonne

Date Written: July 9, 2019

Abstract

An extensive list of risks relative to big data frameworks and their use through models of artificial intelligence is provided along with measurements and implementable solutions. Bias, interpretability and ethics are studied in depth, with several interpretations from the point of view of developers, companies and regulators. Reflexions suggest that fragmented frameworks increase the risks of models misspecification, opacity and bias in the result. Domain experts and statisticians need to be involved in the whole process as the business objective must drive each decision from the data extraction step to the final activatable prediction. We propose an holistic and original approach to take into account the risks encountered all along the implementation of systems using artificial intelligence from the choice of the data and the selection of the algorithm, to the decision making.

Keywords: Artificial Intelligence, Bias, Big Data, Ethics, Governance, Interpretability, Regulation, Risk

JEL Classification: C4, C5, C6, C8, D8, G28, G38, K2

Suggested Citation

Bogroff, Alexis and Guegan, Dominique, Artificial Intelligence, Data, Ethics An Holistic Approach for Risks and Regulation (July 9, 2019). University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 19, Available at SSRN: https://ssrn.com/abstract=3419360 or http://dx.doi.org/10.2139/ssrn.3419360

Alexis Bogroff

Université Paris I Panthéon-Sorbonne ( email )

17, rue de la Sorbonne
Paris, IL 75005
France

Dominique Guegan (Contact Author)

Université Paris I Panthéon-Sorbonne ( email )

106 avenue de lhopital
75634 Paris Cedex 13
Paris, IL
France

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
188
Abstract Views
812
rank
199,822
PlumX Metrics