BABL AI, a leader in ethical AI solutions, is pleased to announce its proactive participation in the Ada Lovelace Institute’s latest study, “Code & Conduct: How to Create Third-Party Auditing Regimes for AI.” This landmark research explores the crucial role of independent audits in the AI industry, highlighting the need for effective governance to ensure AI technologies are safe, legal, and beneficial to society.
BABL AI CEO and Founder Shea Brown, and Co-Founder and Chief Product Officer Khoa Lam, contributed their insights and experiences in the implementation of rigorous audit mechanisms, underlining the company’s commitment to upholding the highest standards of AI ethics and accountability. The Ada Lovelace Institute’s research underscores the importance of third-party audits in establishing trust and ensuring compliance, echoing BABL AI’s long-standing advocacy for transparency and responsible AI.
“Participating in this study aligns perfectly with our mission to lead by example in the ethical use of AI,” said Brown. “We believe that independent audits are not just a regulatory necessity but a foundational aspect of building trust with our users and the broader public.”
Lam added, “Our engagement with the Ada Lovelace Institute’s research allows us to refine our audit processes and ensure our AI systems do not just perform well but also adhere strictly to ethical standards. This is crucial as we scale our technologies across various sectors.”
The study points out the effectiveness of audits in other high-stakes domains such as healthcare and automotive, suggesting AI should be held to similar standards. It also calls for routine audits throughout the AI lifecycle to manage risks that might not be apparent in initial testing phases.
About BABL AI:
Since 2018, BABL AI has been auditing and certifying AI systems, consulting on responsible AI best practices and offering online education on related topics. BABL AI’s overall mission is to ensure that all algorithms are developed, deployed, and governed in ways that prioritize human flourishing.
About the Ada Lovelace Institute:
The Ada Lovelace Institute was established by the Nuffield Foundation in early 2018, in collaboration with the Alan Turing Institute, the Royal Society, the British Academy, the Royal Statistical Society, the Wellcome Trust, Luminate, techUK and the Nuffield Council on Bioethics. They are an independent research institute with a mission to ensure that data and AI work for people and society.
