Skip to content
Magazine
Friday, August 1, 2025
SUBSCRIBE
  • About Us
  • Belgium News
    • Belgium Police News
    • Brussels News
  • EU Institutions News
    • European Commission News
    • European Parliament News
    • European Council News
  • Europe News
  • World News
  • Belgium Business News
  • Culture and Society News
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
  • About Us
  • Belgium News
    • Belgium Police News
    • Brussels News
  • EU Institutions News
    • European Commission News
    • European Parliament News
    • European Council News
  • Europe News
  • World News
  • Belgium Business News
  • Culture and Society News
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
SUBSCRIBE

The Future of Anti-corruption: Artificial Intelligence and Beyond

Angelos Kaskanis by Angelos Kaskanis
19 April 2023
in Europe News
Credit: Shutterstock

Credit: Shutterstock

Athens (Brussels Morning) As the EU moves closer to imposing the world’s most restrictive AI development policy, the European Parliament is considering stringent new rules on the use of artificial intelligence, including forcing chatbot producers to notify if they utilise copyrighted material.

Parliamentarians are set to propose legislation requiring makers of products such as OpenAI’s ChatGPT to declare whether copyrighted material is being used to train their AI models, allowing content creators to seek reimbursement. MEPs also want developers, such as OpenAI, to bear responsibility for the misuse of AI programs, rather than smaller enterprises that employ them.

In 2017, the European Council called for a ‘sense of urgency to address emerging trends including “issues such as artificial intelligence …, while at the same time ensuring a high level of data protection, digital rights, and ethical standards”. Since 2017, legislators have pondered their approach towards this type of material, Developments in AI are accelerating quickly, and within the space of six years, much has changed.

‘AI is either a gift to humanity or a potential disaster due to its mismanagement.‘

While officials in Brussels do not have a particularly clear position and focus on the details, businesses have already developed AI exploitation models with a 2050 vision.

Corruption in the corporate world has been a significant issue for many years. From bribery to embezzlement, fraudulent activities can significantly damage a company’s reputation and bottom line. However, by using AI-powered solutions, companies can quickly identify and mitigate risks associated with such activities.

Artificial Intelligence (AI) has become a powerful tool in the fight against corruption, and its implementation in corporate settings can significantly reduce instances of corrupt practices. With the rise of AI, companies can now leverage technology to detect and prevent fraudulent activities more effectively and create a culture of transparency and accountability.

Show me the Data

AI “feeds” on data. The quality of this is not the fault of the developer but also of the supplier. In most cases, this information is available on the internet, the publications of the companies, and their respective governments.

One of the significant benefits of AI in the fight against corruption is the ability to detect anomalies in data. AI algorithms can analyse vast amounts of data and identify patterns that may indicate fraudulent activity. For example, if a company’s financial records show sudden and unexplained increases in expenses, AI algorithms can flag those expenses for further investigation.

Another benefit of AI is its ability to monitor activities in real time, thus preventing fraudulent activities before they occur. For instance, AI algorithms can monitor employee emails and detect keywords that may indicate corrupt practices such as bribery or kickbacks. By using AI-powered tools, companies can also ensure that all transactions are authorized and recorded, and any deviation from standard procedures can be flagged and investigated.

Moreover, AI can also facilitate better decision-making processes in the corporate world. By analysing data and identifying patterns, AI can provide insights that can help companies make informed decisions that minimize the risk of corruption. For example, AI algorithms can scan supplier data and identify any potential conflicts of interest, enabling companies to make informed decisions about their suppliers.

A New Culture

According to a recent publication by the OECD, the economic impact of language models is significant and growing, especially with the rise of huge AI language models. Language, whether written, spoken or visual manual, is the primary mode of human communication because it enables people to participate in society by teaching them how to socialize and learn.

Language abilities can help individuals and society economically, improve intercultural skills and worldwide cooperation, and lead to new and inventive ways of thinking and working across cultures. AI language models, as a result, have the potential to have a huge impact on both industry and government.

According to a European Parliament briefing, new AI technologies in general have enormous potential for advancements in business, agriculture, health, education, and other fields. Many scientists and politicians, however, are pushing for the creation of a legal and ethical framework to avoid possible negative consequences from the use of such technology.

AI can be useful in promoting a culture of transparency and accountability. By using AI-powered tools, companies and organisations can maintain a transparent record of all transactions, making it easier to track and analyse any irregularities.

AI-powered solutions can provide employees and officials with the necessary tools to report suspicious activities anonymously, thus reducing the fear of retaliation and promoting transparency in the workplace.

In conclusion, AI has the potential to significantly reduce instances of corruption in the corporate world. By using AI-powered solutions, companies can detect and prevent fraudulent activities more effectively, create a culture of transparency and accountability, and promote ethical business practices. As more companies adopt AI-powered solutions, the future of anti-corruption in the corporate world looks promising.

Related News:

  • European Commission Look Ahead — CAP, Energy, Artificial Intelligence
  • Act on Artificial Intelligence: Protecting Privacy and Safeguarding Human Rights
  • Commission this week: Brexit and anti-corruption talks
  • Club de Madrid calls on World Leaders to Work Towards the Creation of an International Anti-Corruption Court
Tags: Europe-FeatureEuropean-SecurityNewsOpinion section
Next Post
Digital,Service,Act,(europe),Concept:,Lock,On,Computer,Keyboard,And

Digitalisation of public services gets a boost from the European Parliament

Latest post

EU-elections-UK

EU elections: UK looks on from the “outside”

1 year ago
Galeries-Royales-Saint-Hubert

What Makes Galeries Royales Saint-Hubert an “Institution”?

1 year ago

Most Read

    Follow Brussels Morning
    Facebook Twitter Youtube Linkedin

    Browse Important News

    Belgium News
    Brussels News
    Culture and Society News
    Economy News
    EU Institutions News
    European Commission News
    European Council News
    European Parliament News
    Europe News
    Health And Fitness News
    Southeast Europe News
    Sustainable Perspective
    World News
    Diplomacy News
    US Elections News

    About Us

    Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

    More Info

    • About Us
    • Advertise With Us
    • Contact Us
    • Cookies Policy

    Join Our Newsletter

    Brussels Morning Newspaper – All Rights Reserved © 2024

    No Result
    View All Result
    • Home
    • About Us
    • Belgium News
      • Belgium Police News
      • Brussels News
    • Brussels Bubble
      • European Parliament News
      • European Commission News
      • European Council News
    • Wider Europe
      • Member States
    • World News
    • Business & Society
    • Europe With Transparency
    • Culture & Society
    • Policy Talks
      • Place de la Bourse
      • The Macro-Economist
      • Sustainable Perspective
      • Ambassador’s Corner
      • The American Angle
      • Southeast Europe
    • Print Magazine

    Brussels Morning Newspaper - All Rights Reserved © 2020

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    Cookie settingsACCEPT
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT