Suncorp ramps up AI safety work

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Suncorp ramps up AI safety work

Suncorp is intensifying its efforts to establish comprehensive AI safety standards as it seeks to broaden the application of generative AI beyond internal operations. The company is actively recruiting an AI safety manager tasked with developing and implementing these safety guidelines for both in-house AI models and third-party applications. This initiative aligns with Suncorp's previous commitment to model its governance and risk management structures on federal AI ethics principles.

The new AI safety manager role is positioned as a leadership opportunity that aims to foster innovation while ensuring operational integrity in AI transformation projects. Suncorp's Chief Technology Officer emphasized the importance of balancing the potential benefits of AI with a clearly defined risk appetite, particularly as generative AI outputs begin to reach customers. As the company evolves its use cases, additional controls will be necessary to mitigate risks associated with customer exposure to generative AI.

• Suncorp is expanding generative AI applications beyond internal use.

• The company is recruiting an AI safety manager to enhance safety standards.

Key AI Terms Mentioned in this Article

Generative AI

Generative AI refers to algorithms that can create new content, such as text or images, based on training data.

AI Safety Standards

AI safety standards are guidelines designed to ensure the responsible and ethical use of AI technologies.

Risk Management

Risk management in AI involves identifying, assessing, and mitigating risks associated with AI technologies and their applications.

Companies Mentioned in this Article

Suncorp

Suncorp is an Australian financial services company focusing on insurance and banking, now enhancing its AI safety protocols.

Dell

Dell is a technology company involved in selling AI servers, indicating its role in supporting AI infrastructure.

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