ABBYY, a Digital Intelligence company, today launched a global initiative to promote the development of trustworthy artificial intelligence (AI) technology. As AI becomes ubiquitous across consumer and enterprise high-value and large-scale uses and more open source tools become available for digitizing data, the ethical use of accessing and training data is imperative.
A growing number of technology leaders expect fair, transparent and ethical AI systems in order to fuel the continued adoption of AI and spur innovation. In fact, by 2025, Gartner estimates 30 percent of large enterprise and government contracts for the purchase of digital products and services that incorporate AI will require the use of explainable and ethical AI. Furthermore, three-fourths of consumers say they won’t buy from unethical companies, while 86% say they’re more loyal to ethical companies. Therefore, ABBYY made public its core guiding principles on developing, maintaining and promoting trustworthy AI technologies and advocates for other technology leaders to do the same.
“Innovation and ethics go hand in hand. As the use of AI proliferates, it is important for technology leaders to adhere to and promote the utilization of technologies that are transparent, fair, unbiased and respect data privacy,” commented Anthony Macciola, Chief Innovation Officer at ABBYY. “By adhering to high standards with regards to the performance, transparency and accuracy of our products, we are able to deliver solutions that have a tremendous impact for our customers.”
ABBYY, whose Digital Intelligence solutions leverage AI technologies including machine learning (ML), natural language processing (NLP), neural networks, and optical character recognition (OCR) to transform data, affirmed its commitment to the following principles and advocates for other leading technology organizations to also commit to trustworthy AI standards:
“AI has the power to yield significant social and economic benefit,” continued Macciola. “With ethics in mind, we have the ability to transform the future in a manner that promotes innovation, accelerates technological advancements, and augments human intelligence, creativity and capabilities responsibly.”
To view ABBYY’s guiding principles and approach to adhering to and advocating for trustworthy AI principles, please visit: https://www.abbyy.com/company/trust/.
To learn more about ABBYY’s suite of Digital Intelligence solutions, please visit: https://www.abbyy.com/
About ABBYY
ABBYY helps organizations optimize processes, accelerate decisions, and drive better outcomes with Process AI and Document AI. More than 10,000 enterprises, including many Fortune 500 companies, rely on ABBYY’s 35 years of innovation to turn business data into actionable insights that improve the way we work and live. Headquartered in Austin, Texas, and offices in 13 countries, ABBYY leads the way for smarter agentic automation. For more information, visit www.abbyy.com/company and follow us on LinkedIn, X, Facebook, Instagram and TikTok.
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