EP 214: KPMG Leader's Secrets of Balancing AI Innovation and Ethics

When it comes to using AI, there's no limit to the ways businesses can use it for growth. But there probably should be some limits on how you implement AI. There's ethical considerations that you should keep in mind when using AI. Kelly Dowd, Senior Consultant, Innovation Lab at KPMG, joins us to discuss how to balance the ethics and innovation of AI.Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode pageJoin the discussion: Ask Jordan and Kelly questions on AI and ethicsRelated Episodes:Ep 165: Ethical Leadership for AI Implementation in the WorkplaceEp 138: AI for Good – Strategies for Ethical and Sustainable AI DevelopmentUpcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: [email protected] with Jordan on LinkedInTimestamps:01:40 Daily AI News04:40 About Kelly and KPMG07:15 Companies adapting to AI12:36 Companies embrace AI for effective, equitable hiring.16:49 Technology adoption speeds up processes, requires transparency.18:14 Communicate transparently, collaborate, and build ethical framework.25:13 GDPR and CCPA provide control over personal data.28:17 Assessing client's business, advising on AI adoption.30:47 Government anticipation for ethical AITopics Covered in This Episode:1. Essential Key Factors for AI Adoption2. Personalization in Customer Experiences3. Addressing Regulations in Different Regions4. KPMG’s Approach Towards AI Adoption5. Recommendations for Ethical AI AdoptionKeywords:Kelly Dowd, Jordan Wilson, transparent communication, customer expectations, data collection, AI adoption, collaboration, regulatory bodies, AI experts, ethical framework, governance, GPT course, personalization, customer experiences, AR system, Sephora, privacy, ethics, data protection, GDPR, CCPA, KPMG, AI strategy, industries adopting AI, tech, healthcare, aerospace, fashion, generative AI, COVID-19 pandemic, business adaptation, Pentagonia, IBM, small and medium-sized businesses, customer-centric approach, stakeholders, transparency, Stable Diffusion 3, Stability AI, Apple, Chat GPT plugins, OpenAI, Innovation Lab.Send Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info) Start Here ▶️Not sure where to start when it comes to AI? Start with our Start Here Series. You can listen to the first drop -- Episode 691 -- or get free access to our Inner Cricle community and all episodes: StartHereSeries.com Also, here's a link to the entire series on a Spotify playlist.