ABSTRACT

The purpose of corporations is to meet stakeholders’ needs and create value. There is a paradox between profitability and responsibility. Every corporation’s ultimate aim is to earn a higher return on the shareholders’ equity than can be realized at a bank. In some cases, this mandate for value return tends to be paradoxical to social responsibility and ethics. Ethics and commitment, which involve acting in the interests of others, even when there is no legal imperative to do so, seem to be hard to quantify or justify when considering AI bias. The power of AI to serve people is undeniable, but so is its ability to violate the human rights of a segment of that same population. Technology companies are profitable to provide tooling and consulting services around debiasing AI models. Of course, issues like data quality, data drift, and adequately represented data models are essential.