Milestone Systems Adopts G7 AI Code of Conduct
Milestone Systems, a leading provider of data-driven video management software, has announced its adoption of the G7 Code of Conduct for advanced artificial intelligence (AI) systems. The company’s decision makes it one of the first to take this crucial step.
The G7 Code of Conduct, designed to promote safe, secure, and trustworthy AI worldwide, was developed to ensure that AI serves humanity’s best interests. Milestone Systems’ CEO, Thomas Jensen, emphasized the importance of companies taking proactive measures instead of waiting for regulation. He stated, We need rules to ensure AI is being developed to serve humanity. But companies should not wait for regulation. They must take their own steps to identify and resolve the weaknesses and pitfalls of the AI they develop.
Jensen highlighted the immense potential of AI-enabled video technology but acknowledged the risks associated with biases and false positives. Milestone Systems aims to address these issues by signing up to the G7 Code of Conduct, prioritizing trust, transparency, and accountability in their software development practices.
The International Code of Conduct for Organizations Developing Advanced AI Systems was agreed upon by G7 leaders in October 2023. It was accompanied by a set of Guiding Principles for the development of new AI systems in the world’s most powerful democracies. Milestone’s commitment aligns with the European Union’s implementation of its own AI Act.
While applauding the AI Act, Jensen emphasized the need for companies to stay ahead of regulation rather than relying solely on it. He remarked, We must not shutter innovation, but to prevent a public and regulatory backlash, AI businesses should be striving to build trustworthy AI. Adopting the G7 Code of Conduct is one such step all companies should take to help ensure responsible use of technology and foster public trust in the new possibilities it presents.
Milestone Systems’ decision to adopt the G7 Code of Conduct showcases their dedication to cultivating a responsible AI ecosystem. By embracing these principles, the company demonstrates its commitment to building advanced AI systems with ethical considerations at the forefront.
As the world continues to navigate the rapid advancements of AI technology, Milestone Systems sets a commendable example for other organizations to prioritize ethics and accountability. By taking steps to address the weaknesses of their AI tools, Milestone Systems aims to shape a future where AI serves humanity’s best interests, free from biases and pitfalls.
With the adoption of the G7 Code of Conduct, Milestone Systems solidifies its position as one of the leaders in responsible AI development, paving the way for a safer, more trustworthy AI landscape for the benefit of all.
