Fairness Accountability Transparency Ethics

Full Title or Meme

FATE or Fairness, Accountability, Transparency, and Ethics is a collection of features are desirable traits of any publicly accessible service or products accessed by the general public.

Context

With the rise of Artificial Intelligence in 2023 it became clear that some set of rules to impose on the new discipline was required.

1. FATE: Fairness, Accountability, Transparency, and Ethics in AI in Microsoft Research.

Problems

• The issues with enabling or enforcing Privacy could be good object lessons of the challenges that will face FATE.

  [One learning from privacy] is that industry self-regulation is unlikely to work. ... Market forces also are unlike to make a large difference. ... Social forces have been surprising effective in getting companies to response to FATE issues. In particular audits by third parties have had success in getting companies to change.

• The wiki page on Conduct Risk explains what can happen to companies that fail to heed public opinion, including complete failure of the company.