Community-Led 💬 What's on the Minds of Early Adopters #12
Adopting AI responsibly at scale, talking about digital transformation and see you in SF!
Welcome to Community-Led. Each week we connect founders to dozens of early adopters and technology executives in fast growing startups and Fortune 500 companies. This newsletter surfaces the most interesting insights and conversations across the >1,000 members of the Decibel community every month. Let’s dive in!
It’s no secret that AI is poised to transform our lives and potentially catalyze a number of wide scale societal benefits. As adoption of AI is driven by the Covid-accelerated digital transformation, the demand for AI capabilities continues to speed along with International Data Corporation (IDC) reporting, “By 2024, the (AI) market is expected to break the $500 billion mark with a five-year compound annual growth rate (CAGR) of 17.5%. In order for digital transformation to be successful on a large scale, the machine learning models that ultimately drive our society’s AI decision-making capabilities must be: (1) explainable, (2) ethical, and (3) transparent.
As technology leaders of digital transformation, you are in a position to take the reins and decide how your business will adopt AI practices, at scale, responsibly. Abacus.AI can help by not only democratizing access to AI but also enabling its model drift, observability and explainability capabilities to be plugged into any ML framework to monitor the health of your models as well as understand the reasons behind predictions. In addition, Credo AI reduces organizational risks related to Responsible AI and creates a record that is auditable and transparent which is essential, as organizations who dove headfirst into AI development see the need to establish – and quickly implement – a standardized approach to AI governance.
The AI Index Report - Measuring Trends in Artificial Intelligence
Executives love talking about digital transformation, but here’s what many don’t mention
The Strategic Building Blocks Of Ethical AI: Representation, Governance And Leadership
🎉 We’re back IRL in the Bay Area!
Join us at the AWS Summit in San Francisco on Wednesday, April 20th. We will be hosting a cocktail reception for founders and early adopters in our community. Everyone in the Decibel family is invited to join us on April 20th from 5-7 PM across the street from the Moscone Center in San Francisco. Please RSVP here!
An Inside Look at Innovation
Have you ever thought about how to gauge whether or not your ML models are “ethical”? Enter Credo AI. Founded by Navrina Singh, Credo AI is the only company today that makes it possible for companies to develop AI while meeting the highest ethical standards for fairness and trust. Beyond the simple implementation of AI, companies need to ensure that AI is being done in a safe and ethical manner (i.e., responsible AI), and doing so will protect against potential negative consequences and will also serve as a competitive advantage in and of itself.
Recently profiled by IDC, Credo AI’s solution appeals to a wide range of stakeholders and recognizes that there is no metric or statistical test to accurately measure what is deemed “ethical AI,” and to validate responsible AI models, data scientists cannot be acting in isolation.
Want to accelerate your ethical AI journey? Request a demo with Credo AI today!
Decibel Friends and Family Update
🎉 Congratulations…
Lucas Moody moves to Alteryx as SVP and CISO
Marty Roesch joins Fast Company Executive Board
Amit Shah named to the Blue Apron Board of Directors
See you next time.
Thanks for reading. This is a community that you’re always welcome to add to. If you have any feedback or know a story that’s perfect for this newsletter, please reach out. Email me at Stacey@Decibel.vc.
Stacey