What AI means for ESG
- Media Manager
- Nov 6, 2023
- 1 min read
Financial Times
Written By: Patrick Temple-West
Published: November 6th, 2023
A year ago this month, OpenAI unveiled ChatGPT to the world, igniting huge excitement — and concern — about the accelerating progress of artificial intelligence. Last week, the UK and US both took high-profile steps aimed at fostering AI development while limiting its negative consequences. These two tracks have emerging implications for environmental, social and governance investing as I investigated here today.
For nearly an hour last week, UK Prime Minister Rishi Sunak sat alongside Tesla chief executive Elon Musk to talk about artificial intelligence. The duo joked, laughed and took questions from the audience.
But all joking aside, the conversation had a darker side too. Musk told Sunak that there “will come a point where no job is needed” and called AI the “most disruptive force in history”.
Sunak’s AI summit at Bletchley Park reflected how this subject is surging up the political agenda — and it has important implications for the world of environmental, social and governance (ESG) investing, too.
