Explainable AI is a process through which the functioning of AI system and the decisions it takes can be easily explained by the AI to the intended users.
Explainable models provide end-users a clear and understandable reasoning process used by the AI model in arriving at certain results or making decisions.
Explainability helps increase trust, allows verification, and makes AI systems accountable.
Explainability is important in critical areas because it builds trust, creates accountability, and transparency by providing access to decision-making processes.
People are reluctant to trust AI in critical areas like healthcare, finance, and law enforcement if they cannot explain how an AI arrives at a decision.
Through explainability, the problem of bias patterns is easier to notice, and addressing issues of fairness is made easier.
The next advances in AI development can be expected to pay more attention to the development of powerful but at the same time explainable AI.
Explainable AI is crucial in ensuring integrity, credibility and instilling confidence in different industries.
Companies adopting Explainable AI will bridge the middle ground between artificial intelligence and society.
It is important to make AI systems' decision-making transparent and easy to comprehend because they are increasingly being integrated in decision-making processes that shape human's life.