In today’s digital age, the use of artificial intelligence (AI) has become increasingly prevalent in various industries. One of the areas where AI has been particularly useful is in fraud detection. ChatGPT, a leading chatbot provider, has implemented AI in its fraud detection system to ensure that its customers are protected from fraudulent activities. However, the company has taken a step further by using explainable AI to enhance the transparency and accountability of its fraud detection system.
Explainable AI is a concept that refers to the ability of AI systems to provide clear and understandable explanations for their decisions and actions.