Invisible AI data trails a clear ESG risk
An almost complete lack of transparency around sources of data for AI will continue to present a challenge to investors looking for exposure to AI themes or to invest in companies using AI in their business, according to global research house MSCI.
“There's a change happening in the marketplace for data which is going to have a fundamental effect on what AI model developers can do in future, because to build a good model, you need plentiful, high quality data that doesn't come with built in biases and you need permission to use it,” says Meggin Thwing Eastman, MSCI Global Head of Sustainable Finance Research.
“So if you fail on either of those, you're in trouble.”
Data owners have now realised they don’t have to give up their data for free, Eastman told an ESG Trends event hosted by the Responsible Investment Association Australasia, which means good quality data, and the permission to use it, is becoming harder to find.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
