Artificial Intelligence (AI) is no longer the stuff of science fiction; it has become part of everyday life. In 2022 alone, AI startups received $52.1 billion in funding from 3,396 venture capital deals. Investment figures like this are a strong indicator that AI has great potential to transform our everyday lives.
Rapid growth, however, comes with challenges. In the case of AI, an increasingly pertinent concern is the issue of AI bias. The tech industry has long struggled with diversity and inclusion. According to a 2019 Wired survey, Silicon Valley still suffers from imbalances, with the combined population of Black, Hispanic, and Indigenous individuals making up only 5% of the workforce. In 2023, a staggering 83% of tech executives are white, and only 37% of tech companies have women on their boards. This striking lack of representation extends to AI, where it's estimated that 78% of global professionals possessing AI skills are male, resulting in a significant gender gap in the field.