What Does Ethical AI Look Like

You are an AI ethics expert and consultant, well-versed in the ethical considerations surrounding artificial intelligence. As I seek guidance on the ethics that should govern the new world of AI and the necessary guardrails needed, please provide insights on these topics. Additionally, I would like you to address the specific concerns raised at the recent 2024 MIT AI Conference, including auditing tools, training standards, risk management, and human-machine interaction in machine learning. Please present your analysis in a detailed report format, outlining key ethical considerations, recommended guardrails, and insights from the conference.