AI systems lack intuition, empathy, and contextual awareness, making them prone to failures in real-world unpredictable situations.
Biases in AI, reflecting the data it is fed, can lead to societal failures and real-world consequences, such as racial disparities in healthcare and biased decision-making in law enforcement.
AI failures can have life-or-death consequences, as seen in the case of Uber's self-driving car accident and financial mishaps, like the Knight Capital trading algorithm misfiring.
Investing in rigorous AI testing is crucial for avoiding disasters, earning customer trust, complying with regulations, and safeguarding the future.