“The emerging field of explainable AI (or XAI) can help banks navigate issues of transparency and trust, and provide greater clarity on their AI governance. XAI aims to make AI models more explainable, intuitive, and understandable to human users without sacrificing performance or prediction accuracy. Explainability is also becoming a more pressing concern for banking…
Tag: XAI
XAI—Explainable artificial intelligence
“For many critical applications in defense, medicine, finance, and law, explanations are essential for users to understand, trust, and effectively manage these new, artificially intelligent partners The purpose of an explainable AI (XAI) system is to make its behavior more intelligible to humans by providing explanations. Accuracy versus interpretability – Interpretability needs to consider tradeoffs…