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Category: esg

Is there business ethics in Clubhouse?

What can AI ethics learn from business ethics? What’s the ethics of Clubhouse, if any? Is the Robinhood app undermining free will? And how can tech companies create an ethical business culture? Listen to my thoughts in this interview.

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Robin Hood (the Sherwood Forest version) would be disappointed by his Silicon Valley-Wallstreet namesake. (Photo by Steve Harvey on Unsplash)

Robinhood: democratized finance on shaky ground

More than 900 years after the heroic figure Robin Hood set out to steal from the rich and give to the poor, two American entrepreneurs borrowed his name to establish a fintech company that claims to “democratize finance for all”. But the new Robinhood’s claim of ‘democracy’ is on shaky ground. Just as the company can make financial markets accessible to everyone, it can also deny access within a split second. This is what happened when they shut down Gamestop trading on January 28, 2021. Thousands of investors were presented with a fait accompli.

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AI and sustainability: a solution or part of the problem?

Environmental sustainability is one of the most promising domains to deploy ‘AI for Good’. The environment is an excellent use case for collecting and analyzing data that help us to better understand and address key environmental challenges. In contrast to the use of AI in ‘human settings’, you typically don’t run into problems of privacy and discrimination when using it for environmental purposes.

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