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Artificial intelligence appears poised to disrupt industries, improve customer outcomes, and enhance lives, and solutions based on AI are projected to contribute as much as $15 trillion to the global economy in 2030—more than the current output of China and India combined. The problem-solving potential of AI is seemingly limitless, and it may well change the way we work, travel, power our cities, diagnose disease, and organize our society. 

And yet there are reasons to be cautious. Information is power, and that power can be used for good or for ill. In this episode, Brown Advisory’s Katherine Kroll explores the investor case for “ethical AI” and why failing to proactively ensure AI is used to help, not harm, is a material and salient risk not only to investment performance but to our society’s ability to thrive. She speaks with three of the foremost experts on ethical AI: Aza Raskin, co-founder of the Center for Humane Technology; Arathi Sethumadhavan, Ph.D., Head of User Research for Ethics & Society at Microsoft; and Kay Firth-Butterfield, Head of AI and Machine Learning, World Economic Forum. 

Guests:
Kay Firth-Butterfield
Head of AI and Machine Learning, World Economic Forum

Aza Raskin
Co-founder, The Center for Humane Technology

Arathi Sethumadhavan, Ph.D.
Head of User Research for Ethics & Society, Microsoft

Host:
Katherine Kroll
Investment Specialist, Brown Advisory 

Investment Commentary:

Victoria Avara
ESG Equity Research Analyst, Brown Advisory

John Canning, CFA
Equity Research Analyst, Brown Advisory

Background Reading

• The Promise and Challenges of AI, American Psychological Association, November 3, 2021
• Fueling the Fire: How Social Media Intensifies U.S. Political Polarization—and What Can Be Done About It, NYU Stern School, September 2021
• He Created Your Phone’s Most Addictive Feature. Now He Wants to Build a Rosetta Stone for Animal Language, GQ, June 30, 2021
• Truth or Lie: The Rise and Rise of Disinformation, Medium, June 25, 2021
• National Conversations in Artificial Intelligence: Reimagining Regulation for the Age of AI Project Team, World Economic Forum, July 2021
• Corporate Engagement Spotlight: Ethical AI Practices, Brown Advisory, April 22, 2021

Recommended Listening:

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The views and opinions expressed in this podcast are those of the speaker(s) and do not necessarily reflect those of Brown Advisory. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. The information provided in this podcast is not intended to be and should not be considered a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. There is a risk that some or all of the capital invested in any such securities may be lost. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client.