Part 1: Bigot in the Machine – A Primer
This section introduces the importance of Explainable AI (XAI) and its challenges. It is a primer on XAI and ethical AI for model risk management, defining key concepts and terms. The section also presents several stories that highlight the dangers of unexplainable and biased AI, emphasizing the need for different approaches to address similar problems. Overall, this section serves to show you why you should ensure that the AI developed and used within your enterprise is explainable and effectively governed so it is auditable, providing you with a deeper understanding of XAI and how to integrate it into your AI model development and deployment strategies.
This section comprises the following chapters: