Sponsored Content: As AI ascends, Davos leaders take on trust and transparency
Power Play
POLITICO
4.2 • 1K Ratings
🗓️ 22 January 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
The focus of the 2024 World Economic Forum at Davos was on rebuilding trust, with artificial intelligence top of the agenda. Since the roll out of AI-powered chat bots, AI has developed a major trust problem among the public. The majority of Americans said last year that the risks of AI outweigh the potential benefits, and in the EU, Europeans were overwhelmingly in favor of restrictions around its use to protect jobs and privacy.
Meanwhile, implementation by corporations is steadily growing. A 2023 AI Adoption Index from IBM and Morning Consult found 73 percent of companies surveyed are actively deploying or exploring AI in their business. AI built on a foundation of trust and transparency could be a catalyst that drives progress for society and the economy, creates jobs for a new era and reshapes the world for the better. But, continued public skepticism in the technology could be a serious roadblock to realizing AI’s future.
On a special branded episode of Power Play, from our sponsor IBM, we explore AI’s trust problem and what business and political leaders can do to rebuild trust in the technology. The episode features Rob Thomas, senior vice president of software and chief commercial officer at IBM, who talks about ways to ensure the deployment of responsible AI, the importance of good data when creating AI models for business, and why policymakers need to ensure that future regulations still allow innovation to flourish.
Power Play is a POLITICO original podcast series.
This special branded episode from IBM was produced by POLITICO Focus.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | It's impossible to miss the intense headline- grabbing debate that has surrounded artificial intelligence. |
| 0:08.0 | Our growing adoption of AI and what the technology could mean for our society and economy has sparked spirited discussions and sometimes |
| 0:15.2 | heated disagreements from corporate boardrooms and labor meetings to the halls of Congress and the European Union. |
| 0:21.0 | But here's one thing we can all agree on. AI has a major trust problem. |
| 0:25.8 | Recent surveys find that many people in the US, the EU, and the United Kingdom are uneasy |
| 0:30.4 | about AI and even fearful of its consequences. |
| 0:33.5 | As with any powerful technology, they're not completely wrong. |
| 0:37.1 | If not deployed responsibly, misuse of AI could cause serious problems. |
| 0:42.1 | In recent months, that tension focused on the social, |
| 0:44.9 | political, economic and privacy risks associated with generative AI which is used to create |
| 0:50.0 | original text, images, and other content based on the data on which it's trained. |
| 0:55.0 | I'm Jim Daly, a contributing writer for Politico Focus. |
| 0:59.0 | And today, on a special branded episode of Power Play, presented by by IBM we're talking about how AI can be made |
| 1:05.3 | more trustworthy this conversation is coming just following the World Economic Forum in Davos |
| 1:09.7 | Switzerland one of the most elite global gatherings of corporate and policy leaders where AI was top of mind and top of the agenda. |
| 1:16.4 | Let's not forget that AI is also a very significant opportunity if used in a responsible way. |
| 1:25.0 | I feel like the pace will feel like it's still accelerating to most of us because the number of innovations. |
| 1:30.0 | There are multiple other endeavors that one can undertake in this world of AI, which is to solve |
| 1:35.4 | really hard, important aspirational problems. |
| 1:38.6 | We think the vast majority of the American public will buy into AI because of what they will see in the quality of life |
| 1:44.4 | that can be improved. |
| 1:45.8 | Politico and power play were at Davos all last week and it was clear that political |
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