Explainability is essential in building trust in AI systems by ensuring users can comprehend how decisions are made; it involves creating methods that allow stakeholders to interpret the reasoning behind predictions or classifications effectively.
LIME (Local Interpretable Model-agnostic Explanations)
Data Scientists
Lack of transparency leads to distrust among users.
A bank implements explainable AI techniques that allow customers to understand why their loan applications were approved or denied based on specific criteria highlighted by the model.
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