Imagine a technology so powerful it reshapes industries—finance, healthcare and transportation alike—transformative as electricity itself. This is the promise of artificial intelligence (AI), says Edgar Perez, former vice president at Citibank, speaking on CGTN’s special program “Embrace the AI era: Global Governance Initiative in action.”
With AI applications emerging at breakneck speed, Perez issues a clear challenge: how do we ensure the public embraces the change? “We must ensure transparency, accountability and fairness. Otherwise, we risk destroying that trust,” he warns.
For Perez, trust isn’t a luxury—it’s the foundation for unlocking AI’s full potential. He highlights three pillars:
- Transparency: Clear rules on how AI systems make decisions.
- Accountability: Mechanisms to address errors and biases.
- Fairness: Ensuring AI benefits all communities without discrimination.
Only by safeguarding these principles can AI truly benefit society, transforming every sector of the economy. As global leaders grapple with regulation and governance, Perez’s message is clear: build trust now, or risk losing a decade of innovation.
Reference(s):
Former Citibank VP: Building trust is key to unlocking AI's potential
cgtn.com
