With AI-related risks being inherently global in nature, the hope and anticipation is that there will be a suitably robust regulatory environment wherever the technology is deployed, Michael Connor, Executive Director at Open MIC, tells ESG Investor.
“Many companies have global activities, so we need to ensure that if they are applying a higher standard in Europe due to EU regulations, this should be the case wherever they operate to foster greater corporate accountability in the deployment and use of digital technologies,” he says.
“It’s been obvious to many stakeholders – including many shareholders – that achieving sustainable success in a 21st century corporation requires much more than blind devotion to short-term quarterly profits,” said Michael Connor, executive director of the Open Media and Information Companies Initiative (Open MIC), a group that works for greater corporate accountability at tech and media firms.
