Key finding
Ethics require an urgent update to match our rapidly evolving digital age
While digital technologies do much to benefit the world, they also pose risks such as the loss of jobs, insecure employment and the spread of false information, whilst the rise of artificial intelligence (AI) and automation raise concerns about potential harms related to fairness, bias and agency, to name a few.
Of the 100 companies assessed, 55 had ethics oversight at a senior level but only 16 had an ethics policy for AI, of which only four are software and IT services companies. Traditional ethical issues such as bribery, corruption and harassment are often covered but ethical issues arising from AI and disruptive technologies also need urgent attention.
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