Our key takeaway: Generative Artificial Intelligence (AI) refers to systems such as OpenAI’s ChatGPT “that are able to generate new content or predictions based on vast amounts of data” and deliver this to people in a timely and comprehensive manner. The speed with which these AI systems are evolving has become the subject of concern among tech leaders and policy makers within and across jurisdictions. The human rights impacts that this development brings such as privacy breaches has been well-documented. Business Fights Poverty takes a different approach and looks at AI risks and opportunities in the context of vulnerable people and communities. While AI can bring social benefits, for instance, in improving the quality of healthcare, it can also present significant risks if left unregulated. These include replacing jobs in certain industries such as oil and gas and perpetuating existing racial and gender biases. What can companies do? Companies can conduct human rights due diligence of AI in their operations and value chains using the UN Guiding Principles as the operational framework. They can also leverage their influence to engage in policy discussions supporting increased oversight of AI. They can take climate action through a just transition lens in the context of new technologies and automation.
Business Fights Poverty released Generative AI and Social Impact: The Role of Business (July 2023):