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Microsoft Using AI to Tackle Corruption
Marking the 15th anniversary of the United Nations’ International Anti-Corruption Day, Microsoft has unveiled Anti-Corruption Technology and Solutions (ACTS).
Corruption continues to be a significant problem for both governments and the private sector. While many different methods of combating corruption have been tried, Microsoft believes artificial intelligence may hold the key.
“In the next decade, Microsoft ACTS will leverage the company’s investments in cloud computing, data visualization, AI, machine learning, and other emerging technologies to enhance transparency and to detect and deter corruption,” writes Dev Stahlkopf – Corporate Vice President and General Counsel. “We will endeavor to bring the most promising solutions to the broadest possible audience, using our partner networks, programs, and global employee base to scale solutions through careful consideration of their priorities, technical infrastructure, and capabilities.
“Over the last six months, we have already begun to make investments in support of the Microsoft ACTS initiative, including a partnership with the Inter-American Development Bank to advance anti-corruption, transparency, and integrity objectives in Latin America and the Caribbean. Announced in July 2020, we are partnering with the IDB Transparency Fund to help bring greater transparency to the use of Covid-19 economic stimulus funds, building on the Mapa Inversiones platform developed by the IDB with Microsoft support and already adopted by many countries in the region. In the coming months and years, we look forward to additional partnerships, learning as we go, and empowering the work of others.”
With UN estimates placing the cost of corruption at $3.6 trillion dollars a year, Microsoft ACTS will likely see widespread adoption. The technology illustrates yet another way in which AI can be put to good use.
Microsoft Using AI to Tackle Corruption
Matt Milano
from WebProNews https://ift.tt/33Yskui
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