CDB will organize a forum on anti-corruption in the age of artificial intelligence

BRIDGETOWN, Barbados (CMC) – The Caribbean Development Bank (CDB) says it will host a virtual conference on the “Expert Forum on Anti-Corruption in the Age of AI” on Monday.

The CDB said the event is organized by the Office of Integrity, Compliance, and Accountability (ICA) and will coincide with the International Day Against Corruption.

The forum will bring together leading global authorities in artificial intelligence (AI) and anti-corruption, alongside integrity practitioners from multilateral financial institutions implementing AI-powered solutions to address pressing challenges and fight corruption more effectively.

The CDB said insights from these experts will be shared to strengthen governance and transparency in the Caribbean.

It is said the discussions will explore the risks AI poses to anti-corruption and good governance efforts, AI’s potential to increase transparency and accountability, strategies to build the capacity of Caribbean institutions to combat corruption in the digital age, and approaches to promote trust and confidence. integrity in an evolving technological landscape.

“Speakers will provide cutting-edge perspectives on the risks, solutions, opportunities and transformative impact of AI on corruption, which remains a critical barrier to sustainable economic development in the region,” it added.

The head of the ICA, Dr Toussant Boyce, spoke about the crucial importance of the forum in addressing the challenges and opportunities presented by AI.

“Fighting the scourge of corruption is a daily challenge. Every year on the International Day Against Corruption, we reflect on its significant and damaging impact on economic development. This year we focus on Artificial Intelligence as a general-purpose technology with exponential utility, capable of reshaping the global fight against corruption.

“AI brings both risks and unprecedented opportunities. This forum will provide Caribbean stakeholders with key academic and practical insights from experts harnessing AI as a force for good to ensure accountability and transparency in governance,” he added.

Speakers at the forum include Eugene Wu, head of the Federal Bureau of Investigation’s (FBI) International Anti-Corruption Unit; Dr. Nils Köbis, professor of human understanding of algorithms and machines at the University of Duisburg-Essen; Marcelo Donolo, Manager of Prevention, Risk and Knowledge Management at the World Bank Integrity Vice-Presidency; and Krishna Kesari, Head of the Data Lab at the World Bank’s Integrity Vice Presidency.

The event agenda also includes a follow-up panel to CDB’s recent forum “Caribbean Youth Combatting Corruption in the Age of AI” held earlier this month.

“The Expert Forum on Anti-Corruption in the Age of AI reaffirms CDB’s commitment to promoting good governance, integrity and compliance as the region pursues sustainable development in an increasingly complex global environment. It is part of a series of free virtual events under the umbrella of CDB’s Caribbean Conference on Corruption, Compliance and Cybercrime,” the bank said.