Large accounting firms compete to create a new type of audit that verifies the effectiveness of artificial intelligence (AI) tools, given the demand of customers to demonstrate that their AI systems work and are safe, according to the newspaper ‘Financial Times’.
Deloitte, Ernst & Young (EY) and Pricewaterhouse (PWC) indicated to the FT that they were preparing to launch AI audit services, which expect to take advantage of the reputation in financial audits to obtain contracts that evaluate whether the AI systems, such as those of autonomous vehicles, work as planned.
The plans for these works are known after some insurers have begun to offer coverage for losses caused by the malfunction of AI tools.
Accounting firms trust that the demand for new AI audit services will be promoted by the need for greater confidence in the technology and desire of companies to obtain confirmation that they comply with the regulations.
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PWC UK will launch the “Soon” guarantee (soon), according to Marc Bena, director of technology of the auditing company.
The firm already works on the evaluation of specific tools for customers, such as checking if chatbots (application that simulates human conversations) answers questions precisely.
However, Pragasen Morgan, leader of technological risks of EY in the United Kingdom, warned that developing AI guarantee systems can take time, due to responsibilities for accounting signatures if a guaranteed product does not work as planned.
“We are still very far from being able to say that we are unequivocally guaranteeing an AI model,” he said, added that, since the models continue to incorporate data, they will not always react in the same way in a certain scenario.
“Therefore, I think we are not prepared to offer a complete guarantee about it,” said Morgan.
The FT indicates that hundreds of signatures in the United Kingdom already offer some form of guarantee of AI, but this guarantee is mainly provided by AI developers themselves, which generates doubts about their independence.
With EFE information
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