AI for Business Summit: Initial takeaways

Below are our first conclusions from this event held on 28 September on the banks of the Thames. The three core themes that emerged from the presentations and panel discussions were:

1. Corporate Digital Responsibility – where companies (irrespective of regulations) define the morality and ethics of their AI application.

2. Specialisation and deployment – Framing in terms of generative AI, rather being generalised AI, looking at not using "AI" as a blunt fix-all instrument. The real need for specialised AI tools and products within industries and even different segments within industries rather than relying on a single tool for every challenge.

3. Global Insecurities and Equality – around EDI, poverty, access to AI technologies and the possibilities it offers, etc. Real threat of increasing rather than decreasing global inequality.

In summary, these all appear to be human issues, not AI issues. So, the buck stops with humans. Also highlighted was that AI is not just a tool, but a capability that enables business goals as well as other current capabilities.

We are in the process of producing a discussion paper on this event and the topics discussed. To stay up to date with all our activity, visit the World of Work Institute hub