Can Ethics Guide Artificial Intelligence?

As CEO of IBM, Ginni Rometty is no stranger to both the complexities of the modern business environment and gender diversity. Artificial intelligence, or cognitive computing, as IBM prefers to call it, is not a threat to jobs. In fact, Rometty believes the purpose of AI is to augment the human brain and simplify the job of sorting through the information overload so prevalent today. IBM’s AI program, Watson, famously beat a human on the game show Jeopardy and saved a woman dying of cancer. So how can we leverage AI in a way that benefits all? Rometty says the key is using ethical practices and standards in the development of AI: Continue reading

The Fourth Industrial Revolution is Coming

I’ve referred to topics surrounding the fourth industrial revolution in past blog posts about automation, and disruption in financial services. The fourth industrial revolution is worthy of its own discussion, in particular because the World Economic Forum focused on it at its 2016 meeting in Davos, Switzerland. Executive Chairman of the World Economic Forum Klaus Schwab elegantly defines the fourth industrial revolution in the context of the previous three: Continue reading

People, Not Machines, Pave the Way Forward

A recent study by a global executive search firm found that people, not technology, are the most important asset to global economic growth. Human capital represents a $1,215 trillion gain for the global economy, while “physical” capital (technology, real estate, and inventory) represents $521 trillion. These results may appear unsurprising yet need to be articulated at a time when technology is touted as a means to gain productivity and artificial intelligence (AI) seems poised to eliminate many more jobs. Continue reading