Ethics and the future of innovation

The transformative power of technologies like artificial intelligence (AI) and machine learning is undeniable. But, without careful stewardship, they could have detrimental consequences. That’s why ethics must take center stage – even as these technologies continue to advance – in order to safeguard the future of people, prosperity and our planet.

Consider the many innovations that improve our daily lives: videoconferencing, remote collaboration tools, real-time information, artificial intelligence, and medical advancements.

Technology offers so much good to the world. But it also raises questions about trust and accountability.

Ethics and standards are crucial to technology innovation

In fields such as healthcare and recruitment, for example, where AI is being used more and more, concerns about bias and transparency loom large. Without proper oversight, these technologies could exacerbate existing inequalities and widen the digital divide.

Jun Sawada, Chairman of NTT, emphasizes the importance of a holistic approach to technology that extends beyond scientific progress alone. As the world navigates through global challenges like the pandemic, climate crisis, and geopolitical conflicts, ethical standards must be established to guide the development and use of technology. Collaboration and knowledge-sharing will be key in promoting sustainable innovation and addressing societal issues effectively.

The role of responsible governance in the future of AI

NTT is an example of a company that has made a strong commitment to sustainability and ethical technology. Its Global Sustainability Charter outlines a roadmap for innovating for the greater good, built on the principle of “Self as We.” This includes collaboration and contributing to societal well-being in order to foster harmony between people, nature and technology.

One notable initiative is the AI Council at the Center for Strategic and International Studies (CSIS), which includes NTT alongside global leaders from various sectors. The CSIS AI Council serves as a platform for advancing responsible AI governance on a global scale.

By bringing together experts from technology, business and academia, the council aims to establish principles and practices that promote the ethical use of AI, providing a foundation for it to benefit society as a whole. Corporate responsibility, global collaboration and effective governance sit at the heart of this work.

The CSIS AI Council offers a collaborative framework for navigating the complex ethical and regulatory landscape surrounding AI. By engaging with global leaders and sharing best practices, companies can contribute to the development of responsible AI governance and foster a culture of ethical innovation within their organizations.

“While AI technology has great potential to help realize a sustainable society, there are various issues such as accuracy and quality control,” says Mr. Sawada. “So it is essential to develop effective AI governance to provide safe and reliable AI.”

Collaboration and ethical technology development

It is essential to keep an open mind when it comes to AI and other emerging technologies. By embracing diverse perspectives and engaging in meaningful dialogue, together trusted partners can help shape a future where humans and AI coexist harmoniously.

After all, the ethical use of technology is not just a moral imperative but also a strategic necessity. By championing responsible AI governance and fostering a culture of transparency and accountability, we can ensure that technology continues to drive positive change while minimizing potential risks – creating a more equitable and sustainable future for all.

Learn more about the value of trust.