What was the main motivation for Mastercard to develop an AI Governance Framework?

To enhance consumer trust and ethical AI usage

What is the purpose of Microsoft’s Judgment Call game?

To help employees consider ethical dilemmas in different stakeholders

Why did Microsoft develop Fairlearn?

To help assess and mitigate bias in machine learning model

Which example from the article illustrates how small contextual changes can influence ethical behavior?

Employees cooperating more in an economic game called the "Community Game"

What is the primary regulatory concern regarding algorithmic bias in AI decision-making?

Ensuring AI models do not unfairly disadvantage certain groups

Which of the following is a key principle in the NIST AI Risk Management Framework?

Resilience, explainability, and fairness

Which of the following is NOT one of the four critical features needed to design an ethical culture?

Increased financial penalties for misconduct

What is the Colorado Artificial Intelligence Act (CAIA) primarily designed to address?

Curbing discrimination from AI-based decision-making tools

Which of the following best describes the United States' approach to AI regulation?

A state-level and federal approach with guidelines rather than unified law

What is the main rationale for AI regulation mentioned in the last class?

To ensure ethical and responsible AI use while mitigating risks

studbud

Week 6 Reading Quiz - Responsible AI

10 termsStudBud Administration18 plays

Imported from external platform

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
What was the main motivation for Mastercard to develop an AI Governance Framework?
To comply with the European Union’s AI regulations
To enhance consumer trust and ethical AI usage
To eliminate manual intervention in fraud detection
To increase Mastercard’s AI-powered marketing efforts
2
What is the purpose of Microsoft’s Judgment Call game?
To help employees consider ethical dilemmas in different stakeholders
To train AI systems on identifying responsible human behavior
To test AI models for accuracy
To teach employees how to improve financial performance
3
Why did Microsoft develop Fairlearn?
To improve AI’s ability to detect cybersecurity threats
To develop AI models that require no human oversight
To replace traditional compliance programs with AI-driven ethics reviews
To help assess and mitigate bias in machine learning model
4
Which example from the article illustrates how small contextual changes can influence ethical behavior?
Enron executives posting the stock price in elevators.
A company using financial penalties to discourage unethical behavior.
Patagonia’s initiative to evaluate its supply chain’s environmental impact.
Employees cooperating more in an economic game called the "Community Game"
5
What is the primary regulatory concern regarding algorithmic bias in AI decision-making?
Allowing AI models to self-correct without human oversight
Maximizing AI accuracy at the cost of fairness
Ensuring AI models do not unfairly disadvantage certain groups
Minimizing transparency in AI decision-making
6
Which of the following is a key principle in the NIST AI Risk Management Framework?
Profit explainability, investor confidence, and fairness
Cost-effectiveness, market growth, and AI fairness
Innovation speed, competitive advantage, and explainability
Resilience, explainability, and fairness
7
Which of the following is NOT one of the four critical features needed to design an ethical culture?
Cultural norms
Explicit values
Incentives
Increased financial penalties for misconduct
8
What is the Colorado Artificial Intelligence Act (CAIA) primarily designed to address?
Regulating AI-generated art and media
Promoting AI innovation by eliminating regulations
Encouraging companies to ignore AI bias concerns
Curbing discrimination from AI-based decision-making tools
9
Which of the following best describes the United States' approach to AI regulation?
A fully automated AI compliance system without human intervention
A single AI governance body that monitors AI ethics and development
A comprehensive and strictly enforced AI law across all states
A state-level and federal approach with guidelines rather than unified law
10
What is the main rationale for AI regulation mentioned in the last class?
To promote unrestricted AI innovation without accountability
To ensure ethical and responsible AI use while mitigating risks
To slow down AI development and prevent competition
To allow AI companies to self-regulate without government intervention

Week 6 Reading Quiz - Responsible AI Flashcards | StudBud