Risks of Artificial Intelligence:

The seminar addressed the risks of artificial intelligence in the financial, human resources, and governmental sectors. Three main risks were highlighted: lack of transparency, with the case of Coronapp in Colombia; accountability, analyzing models for the allocation of monetary aid; and bias, in the financial and human resources sectors.

In response to these challenges, Criteria was presented—an initiative by Quantil that aims to be an umbrella for responsible AI. Criteria was born from a call by the Inter-American Development Bank and seeks to automatically detect and mitigate biases in decision-making models based on Machine Learning.