Global $6.3trn coalition led by Fidelity Int'l and Boston Common warns of AI ethical risks

Mark Battersby
clock • 3 min read

The World Benchmarking Alliance (WBA) has created the first multi-stakeholder coalition on ethical artificial intelligence (AI), it said in a launch statement on 27 September.  The Collective Impact Coalition already has 39 supporting members, which include lead investors Fidelity International, Boston Common Asset Management, and 29 financial institutions representing $6.3trn of assets under management.   This coalition aims to raise awareness of the importance of responsible and ethical AI, increase understanding of the state of play and leading best practices, and improve technolog...

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