Carl Eschenbach Highlights Responsible AI Use
Workday, Inc. WDAY co-CEO Carl Eschenbach discussed the company’s enduring dedication to the ethical implementation of AI at the World Economic Forum in Davos, Switzerland.
AI Responsibility: Speaking on CNBC’s “Squawk Box,” Eschenbach addressed Workday’s ongoing collaboration with global regulators to ensure responsible AI deployment. This comes in the wake of a 2023 lawsuit alleging discriminatory use of Workday’s AI screening tools against job-seekers.
Eschenbach acknowledged the potential for biases in AI models resulting from the training data. However, he underscored the quality and security of Workday’s proprietary data used for AI training.
Reiterating Workday’s approach, Eschenbach emphasized, “The output of your AI is only as good as the data you are putting into it and the data model. When you think about Workday, our data is highly curated. It’s 65 million users on a common platform, and that’s what we are training our AI model off of.”
Workday has also released a whitepaper titled “Empowering Innovation Through Responsible AI Governance,” detailing the company’s Responsible AI (RAI) policies.
The whitepaper affirms, “As one of the world’s most ethical companies, we’re committed to developing trustworthy and responsible AI. We’re approaching RAI governance just as we’ve approached complex yet important topics before: with a humble curiosity, a desire to do right by our customers and our shared communities, and an openness to learning.”
Stock Performance: According to Benzinga Pro, Workday shares closed 1.51% higher at $289.99 on Friday.
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