New report helps enterprises move beyond compliance
The World Economic Forum today launched a new report that outlines how organizational leaders can influence their companies and encourage the responsible use of technology and build ethical capacity. “Ethics by Design” – An Organizational Approach to Responsible Use of Technology integrates psychology and behavioral economics findings from interviews and surveys with international business leaders. It aims to shape decisions to prompt better and more ethical behaviors. The report promotes an approach that focuses less on individual “bad apples” and more on the “barrel”, the environments that can lead people to engage in behaviors contrary to their moral compass. The report outlines steps and makes recommendations that have proven more effective than conventional incentives such as compliance training, financial compensation or penalties.
“Ethics will be crucial to the success of the Fourth Industrial Revolution. The ethical challenges will only continue to grow and become more prevalent as machines advance. Organizations across industries – both private and public – will need to integrate these approaches.” said Kay Firth-Butterfield, Head of Artificial Intelligence and Machine Learning, World Economic Forum.