Artificial Intelligence
AI was a hotbed of discussion throughout the Global Ethics Summit, and some of the event’s most popular sessions covered this topic in depth. Throughout these discussions, we saw a throughline reminiscent of how E&C leaders reacted to the separate advents of the Global Data Protection Regulation (GDPR) and Environmental, Social, and Governance (ESG) from a few years ago: They know what questions to ask when it comes to AI, and for many organizations, it’s time to take action it, even if only to put parameters in place around its use.
Ethics and compliance leaders spoke of their ability to step in and provide leadership on AI governance as part of an enterprise-wide collaboration over it. Put another way, AI is too big for any one function to own. But more than that, there is a maturity around AI now in the E&C space that simply wasn’t there a year ago. And with that maturity comes perspective.
As one speaker noted, it’s great to implement new technologies such as AI, but if E&C leaders don’t bring more than that to the table, where is the value? Data alone doesn’t tell a story, and if E&C can’t provide the meaning behind the data, then nobody will care what they have to say.
Likewise, the fears around AI have shifted from “what will happen if we use this tool” to “what will happen if we don’t?” As one panelist remarked, AI isn’t going to take anyone’s job…but somebody using AI will.
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