5 AI and analytics trends shaping the sci-tech sectors
Silicon Republic February 16, 2024
William Fry’s Barry Scannell explores the biggest trends in AI and analytics and the legal, societal and ethical challenges they pose.
AI and analytics have become essential tools for innovation and transformation in the sci-tech sectors, from healthcare and biotechnology to energy and environment.
These technologies enable data-driven insights, automation and personalisation, enhancing efficiency, quality and impact. However, they also pose ethical, legal and social challenges that require careful consideration and regulation.
Trend 1: Explainable AI
Explainable AI (XAI) refers to AI systems that can provide transparent and understandable explanations for their decisions and actions, enabling human oversight and trust. XAI is especially important for high-risk and high-impact applications, such as healthcare, finance and security, where the consequences of...