New AI platform AtomEthics launched to address ethical use

Hypereal has unveiled AtomEthics, an enterprise platform intended to aid organisations in integrating ethical decision-making throughout the AI and data lifecycle.

At a recent event in Melbourne, experts including Dr. Ian Oppermann, Data Standards Chair for Digital ID and CDR, and Sarah Kaur from Portable, joined AtomEthics co-founders Catherine Thompson and Chris O'Connor to discuss AI's ethical challenges.

The introduction of AtomEthics addresses pressing issues such as deep fakes, unexplainable decisions, and algorithmic bias, all of which undermine public trust in AI. The platform provides organisations with tools to ensure transparency, accountability, and responsible innovation.

Chris O'Connor, Co-Founder of AtomEthics, highlighted the significance of this launch by noting the potential for AI to substantially boost Australia's GDP by up to USD $600 billion annually by 2030. He stated, "We're in an era of enormous technological change. We are already seeing evidence that AI is fundamentally changing the relationship between humans and machines. While business leaders are eager to realise the opportunities presented by AI, large data models and automated decision making, there is a new and evolving threat landscape that must be navigated with care.

If we get it right the payoff is huge – there is potential for AI to add $600 billion annually to Australia's GDP by 2030. The organisations that succeed will be those who find the right balance between innovation and responsibility. Those who move fast and break things will lose the trust of their customers. Those who play it too safe will lose ground to competitors."

Catherine Thompson, also Co-founder of AtomEthics, underscored the need for businesses to adopt this platform to innovate responsibly. She noted, "We're stepping in with a practical solution that will help Australian businesses to innovate responsibly. AtomEthics provides the necessary guardrails for teams to make effective data decisions, ensure compliance with standards and regulations, and maintain a comprehensive portfolio view of all data models."

The launch event featured a live demonstration of AtomEthics and a panel discussion chaired by Catherine Thompson. Panellists including Dr. Ian Oppermann and Sarah Kaur explored the future of AI and human collaboration. They posited that while AI can replicate certain human attributes, the ability to exercise judgment, a key element of trust, must remain human-centric.

The conversation drew attention to the notion that ethical ambiguities should be viewed as opportunities to develop AI systems that are both credible and transformational, highlighting the need for platforms that can help navigate through ethical and regulatory challenges effectively.