Milestone Systems: First to embrace G7 AI code
James Thorpe
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Milestone Systems, a prominent provider of data-driven video management software, has chosen to embrace and integrate the G7 Code of Conduct for advanced artificial intelligence (AI) systems, positioning itself among the pioneers in this initiative.
Ensure secure and trustworthy AI
Thomas Jensen, CEO, Milestone Systems noted: “We need rules to ensure AI is being developed to serve humanity.
“But companies should not wait for regulation.
“They must take their own steps to identify and resolve the weaknesses and pitfalls of the AI they develop.
“When it comes to AI-enabled video, we have just scratched the surface of its potential benefits and uses. However, we also understand some of the pitfalls such as bias and false positives.
“At Milestone, we are taking significant steps to address potential weaknesses of our tools.
“By signing up to the G7 Code of Conduct we will continue to focus our efforts on building our software with trust, transparency and accountability at the front of our minds.”
Decision by Milestone coincides with European Union
The International Code of Conduct for Organisations Developing Advanced AI Systems seeks to advance the cause of safe, secure and trustworthy AI on a global scale.
Formulated by G7 leaders in late October 2023, it accompanies a set of Guiding Principles that the world’s most influential democracies are encouraged to follow in the development of new AI systems.
This decision by Milestone coincides with the European Union’s adoption of its own AI Act.
“Ensure responsible use of technology and foster public trust”
Jensen added: “While we applaud the AI Act, it will take a while before it is implemented, potentially a couple of years.
“In the meantime, we believe companies should strive to stay ahead of the regulation.
“We must not shutter innovation, but to prevent a public and regulatory backlash, AI businesses should be striving to build trustworthy AI.
“Adopting the G7 Code of Conduct is one such step all companies should take to help ensure responsible use of technology and foster public trust in the new possibilities it presents.”
By embracing the G7 Code of Conduct for advanced AI systems, Milestone Systems demonstrates a commitment to ethical considerations in AI development, encouraging a proactive approach among companies to prioritise responsible practices and foster public trust in AI.
