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.
“The ad buyers and the big ad agencies are typically behind the scenes, and yet they have an enormous amount of influence on what happens in the media environment, particularly on social media,” said Michael Connor, executive director of Open MIC, which stands for Open Media and Information Companies Initiative. “They are making recommendations and helping their clients manage billions of dollars in spending, and all too often they escape any kind of scrutiny for what they do.”
