We’ll cover how we can use the essential role of trust in adopting AI platforms. We’ll also explore how the benefits of AI can earn — and strengthen — customer trust.
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The quest for trustworthy AI
We’re living in world where businesses and customers alike question the trustworthiness of AI. This is especially true when AI is entrusted with the most sensitive asset: customer data. In fact, 78% of customers say they would switch financial service providers if they felt their data was mishandled. For businesses, this highlights the critical importance of safeguarding customer information.
But what if we told you that AI didn’t have to be a trust hurdle? That america phone number list it can actually be the bridge that connects businesses and their customers on a foundation of trustworthy AI? Yes, you read that right. The adoption of AI has risen by 88% between 2020 and 2022, showcasing the increasing recognition of trustworthy AI’s potential to create positive impacts while maintaining trust.
The four pillars of trust
Before delving into the ways AI can shape trust, let’s break down the four essential pillars on which trust is built. These pillars play a vital role in establishing a foundation of trustworthy AI that customers can rely upon.
Competence: The core of trust lies in the ability to deliver results, not promises. To clarify, your AI platform must not only be adept at solving problems, but also be able to prove its effectiveness.
Reliability: Consistency is key. A trustworthy AI should consistently meet expectations and adhere to commitments, creating a sense of dependability.
Integrity: Transparency and honesty form the bedrock of trust. Likewise, it’s crucial to address limitations and potential risks openly and ethically.
Intent: Aligning your own motivations with the success of the customer shows genuine dedication to their needs and goals.
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