This blog first appeared here on the Responsible City website, an initiative led by the City of London Corporation, as part of a series of interviews for the Business of Trust programme led by The Lord Mayor of London.
Q&A series with Tracey Groves, founder and director of Intelligent Ethics on AI and ethics:
In practice, ethical leadership will look far more inclusive by nature. When it comes to embracing AI and other advanced technologies, ethical leadership will consider the diverse needs and requirements of a variety of different stakeholder groups. This includes not only customers and employees, but citizens and wider society, as well as the more traditional groups, such as investors.
Ethical leadership will align the corporate values with the purpose of the organisation. From an AI perspective, this will mean that the impact of new technologies will be monitored and accessed in line with what it was intended to do. When you achieve congruence between the business’s values and its corporate purpose, then you create an integrity of effect that will create higher levels of trust and trustworthiness.
It is critical that ethical leadership is curious. When it comes to implementing new technology it needs to ask questions such as: just because a process can be automated and a system can be part of an intelligent machine, should it be? It’s also important that ethical leadership has the ability to engage and develop relationships by creating an open feedback loop in order to continuously monitor and assess the impact of AI and advanced technologies.