The AI Summit PH 2023 was a two-day event, sponsored by Aboitiz, that sought to highlight how the Philippines could leverage artificial intelligence (AI) to help spur the adoption of emerging AI financial technologies while mitigating its threats.
In order to identify the potential risks of AI which were discussed at the conference, it is important to understand the various types of AI technology. AI technology can be divided into three main categories: machine learning, natural language processing, and robotics. Each type of AI has its own unique risks. For example, machine learning algorithms can be used to make decisions that are biased or discriminatory. Natural language processing can lead to misinterpretations of spoken or written language. Robotics can lead to unexpected behavior that can be dangerous to people and the environment.
Once the risks of AI have been identified, it is important to create a plan to mitigate them. The first step is to develop a set of best practices and guidelines for using AI technology. These guidelines should address issues such as data privacy, data security, and the ethical use of data. It is also important to ensure that any AI software used in the Philippines is tested and validated to ensure accuracy.
The second step is to create a monitoring system to track how AI technology is being used. This system should be able to detect any potential risks to citizens, the environment, and the society. The system should also be able to alert the organizers in case of any potential issues.
Finally, it is important to ensure that any software used is properly maintained and updated. This will ensure that any potential risks are mitigated as soon as possible.
Identifying and mitigating the risks of AI discussed at the AI Summit PH 2023 is essential for ensuring the safety and security of citizens and the environment. By understanding the types of AI technology and their risks, developing a set of best practices and guidelines, creating a monitoring system, and ensuring that any AI software used is properly maintained and updated, summit attendants felt that the risks of AI could be effectively managed.
