BITS, the technology policy division of the Bank Policy Institute, submitted a comment letter to the National Institute of Standards and Technology on Oct. 15, 2020 in response to NIST’s draft Four Principles of Explainable Artificial Intelligence. The letter encourages NIST to adopt a set of final principles that are flexible and encourage the responsible adoption of AI across all industries. Additionally, the letter offers comments for consideration regarding risk management, government processes and context related to the explainability of AI models when employed within the financial sector.
To read the letter, please click the download button below.
