Generative AI: Why ESG investors should embrace its inevitability

The term "artificial intelligence" was first coined over 70 years ago, by computer scientist John McCarthy at the famous Dartmouth conference in 1956, says Pierre Olivier-Haye, CTO, Iceberg Data Lab. Today, the term is used every day across business, the media, in government and in our everyday conversations. In fact, it was reported that "AI" was mentioned more than 200 times on 2023 earnings calls by Meta, Microsoft and Alphabet. This, coupled with the prediction that by 2040, between 1.1 million and 1.6 million of UK businesses could have adopted AI technologies shows that AI's inf...