Concerted Actions to Integrate Corporate Social Responsibility with AI in Business: Two Recommendations on Leadership and Public Policy
Francesca Mazzi ()
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Francesca Mazzi: Saïd Business School, University of Oxford
A chapter in Responsible Artificial Intelligence, 2023, pp 251-266 from Springer
Abstract:
Abstract Businesses are increasingly adopting AI solutions. Governments, investors and consumers increasingly focus on their accountability for the environmental and social impact of their activities. To address this challenge, corporate social responsibility should be integrated with AI in business by design and by default. This chapter attempts to contribute to this goal providing two recommendations addressing leadership and public policy. Firstly, leaders can adopt a three-level mindset framework. Such framework embeds ethical considerations and the Sustainable Development Goals as a benchmark for impact assessments in the whole lifecycle of AI. Secondly, AI regulation and policy harmonisation can facilitate the adoption of such framework by businesses and consequently the maximisation of positive externalities of AI in business. The two recommendations are contextualised with insights from a dialogue with four projects in Latin America using AI for the Sustainable Development Goals.
Keywords: AI regulation; Harmonised AI framework; Sustainable development goals; AI leadership; AI for the Sustainable Development Goals (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-09245-9_13
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DOI: 10.1007/978-3-031-09245-9_13
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