Explainable

Explainable describes something that can be clearly understood or accounted for; something whose underlying rationale, process, or reasoning is readily accessible and easy to interpret. It implies a transparency that allows for inspection and comprehension, contrasting with opaque or inscrutable systems. Explainability is particularly crucial in complex fields where decisions are impactful and require justification, like artificial intelligence or financial modeling. This transparency fosters trust and enables scrutiny.

Explainable meaning with examples

• The new AI system’s decision-making process was designed to be Explainable, allowing auditors to understand why specific recommendations were made, fostering trust in its use for loan applications.
• The researcher focused on developing an Explainable model, which could clearly articulate the factors influencing its predictions about climate change impacts to policymakers.
• Because of the legal requirements, the company worked hard to develop Explainable algorithms to adhere to GDPR guidelines regarding automated decision-making practices.
• To avoid confusion during the financial market trading, the trader developed an Explainable algorithm that outlined why specific trades were executed.
• After the experiment, the scientist concluded that the observed phenomenon was readily Explainable, with a clear and concise description, as well as providing supporting evidence.