M&A STORIES - The Good, The Bad and The Ugly

THE URGENCY FOR ETHICAL AND REGULATORY CONTROLS ON ARTIFICIAL INTELLIGENCE

January 25, 2024 Robert Heaton & Toby Tester
THE URGENCY FOR ETHICAL AND REGULATORY CONTROLS ON ARTIFICIAL INTELLIGENCE
M&A STORIES - The Good, The Bad and The Ugly
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M&A STORIES - The Good, The Bad and The Ugly
THE URGENCY FOR ETHICAL AND REGULATORY CONTROLS ON ARTIFICIAL INTELLIGENCE
Jan 25, 2024
Robert Heaton & Toby Tester

Robert and Toby have been clamping at the bit to start talking about the need for strong ethics, regulatory and legal instruments to manage and control the global adoption of AI.

There's no doubt about it. AI has the equal potential to cause untold harm, and the scandal playing out with the UK Post Office is a stark reminder of how ethics can be completely railroaded. That is why it must be developed ethically. And that's what we're going to go into the next podcast. But today, we've been talking about the Post Office scandal because it offers a vivid example of when ethics and ethical principles play no part.

And I think the lesson we need to learn from this is that we must protect people themselves from the very real harm. that could be caused by AI. To do this, we need to build the ethical foundations and the framework around the technology for the common good of individuals, societies, and indeed all of humanity. Furthermore, those ethical controls must be universal. 

And that raises the question posed by Robert. Should an ethical framework be built into all AI platforms so that the user is offered no choice?  This and other questions at large will be the topic of our next podcast.

Show Notes

Robert and Toby have been clamping at the bit to start talking about the need for strong ethics, regulatory and legal instruments to manage and control the global adoption of AI.

There's no doubt about it. AI has the equal potential to cause untold harm, and the scandal playing out with the UK Post Office is a stark reminder of how ethics can be completely railroaded. That is why it must be developed ethically. And that's what we're going to go into the next podcast. But today, we've been talking about the Post Office scandal because it offers a vivid example of when ethics and ethical principles play no part.

And I think the lesson we need to learn from this is that we must protect people themselves from the very real harm. that could be caused by AI. To do this, we need to build the ethical foundations and the framework around the technology for the common good of individuals, societies, and indeed all of humanity. Furthermore, those ethical controls must be universal. 

And that raises the question posed by Robert. Should an ethical framework be built into all AI platforms so that the user is offered no choice?  This and other questions at large will be the topic of our next podcast.