Scott Zoldi: Using the Best AI Tools for the Job
Description
Kevin Werbach speaks with Scott Zoldi of FICO, which pioneered consumer credit scoring in the 1950s and now offers a suite of analytics and fraud detection tools. Zoldi explains the importance of transparency and interpretability in AI models, emphasizing a “simpler is better” approach to creating clear and understandable algorithms. He discusses FICO's approach to responsible AI, which includes establishing model governance standards, and enforcing these standards through the use of blockchain technology. Zoldi explains how blockchain provides an immutable record of the model development process, enhancing accountability and trust. He also highlights the challenges organizations face in implementing responsible AI practices, particularly in light of upcoming AI regulations, and stresses the need for organizations to catch up in defining governance standards to ensure trustworthy and accountable AI models.
United States
