COREangels Atlantic's Palqee speaks at Web Summit’s AI Summit Stage

At Web Summit 2024, Palqee's CEO, Sabrina Palme, joined an inspiring panel alongside industry leaders Ben Colman from Reality Defender and Kalev Hannes Leetaru from The GDELT Project, engaging in a thought-provoking conversation about the influence of AI on U.S. elections and democracy. The discussion highlighted critical issues around misinformation, AI regulation, and the need for safeguards in AI systems.

The Growing Complexity of Misinformation in the Age of AI

Misinformation is not a new phenomenon, but the advent of AI has significantly amplified its reach and complexity. As the panelists discussed, AI-powered systems can create and spread misleading content at an unprecedented scale. Palme emphasized the need for both AI providers and deployers to take responsibility for the accuracy and reliability of the content generated by their systems. She pointed out that the type of media consumed by users directly correlates with the topics on which they are likely to encounter misinformation, making it even more important to monitor and control these outputs.

The Role of AI Providers and Deployers

A key takeaway from the panel was the shared responsibility of AI providers and deployers to question whether their systems are producing truthful outputs. Both parties must also ensure that the inputs used by AI systems are genuine and reliable, especially as these systems scale. This is a major concern, particularly in the context of political events like the U.S. elections, where AI-generated misinformation can sway public opinion and impact democratic processes.

Sabrina Palme spoke passionately about Palqee's role in addressing these challenges. Palqee's platform, Prisma, helps enterprises and AI providers monitor the performance and quality of their AI systems in real-time. Prisma ensures that AI outputs are in alignment with company policies and ethical standards, helping to prevent the creation of misleading or harmful content.

Navigating AI Regulation: The U.S. vs. Europe

The discussion also touched on the issue of AI regulation, particularly in the United States. Palme noted that during Donald Trump's administration, it was unlikely that significant strides would be made in AI regulation. This lack of action, she explained, could put Europe at a disadvantage when it comes to innovation in AI. Europe's more robust regulatory framework will likely raise the bar for new technologies coming out of the region, while the U.S. may lag behind in establishing comprehensive AI safety standards.

Safeguarding AI Outputs: Solutions for the Future

As the panel concluded, the speakers agreed that safeguarding AI outputs is critical to preventing the spread of malicious or fake content. While technologies like Reality Defender are helping to identify and take down deepfakes, the responsibility lies with both AI providers and deployers to ensure that their systems are used ethically and in line with intended policies.

In this context, Palqee's Prisma stands out as a vital tool in helping enterprises monitor AI systems, ensuring they comply with company policies and remain free of harmful inaccuracies. By providing real-time performance tracking, Prisma allows businesses to maintain control over the content generated by their AI systems, preventing misuse and protecting both users and the broader ecosystem.

The panel at Web Summit 2024 was a timely reminder of the growing importance of AI safety standards and the role they play in protecting democracy. As AI continues to shape elections, public discourse, and business practices, it is imperative that both AI providers and deployers take proactive steps to ensure that their systems are transparent, reliable, and aligned with ethical standards.

About COREangels Atlantic

COREangels Atlantic invests in Brazilian startups that have a digital product with global reach and at least one year of revenue, aiming to expand to Europe starting from Portugal. Their goal is to help these startups drive their growth in the European market, offering 'smart money' and providing the best possible experience for their angel investors.

About Palqee

Palqee focuses on compliance and risk automation solutions to ensure trusted relationships with customers and stakeholders.