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Why #AI is the latest #ESG risk All kind of business risks are generally also key topics for #CorporateGovernance. Depending on the business/industry a company operates in, the set of most relevant issues can vary. According to the SASB Standards Materiality Map, some of the technology-relevant issues include Customer Privacy or Data Security, which can be assigned to the “S” (social) within the ESG-term. Now, this interesting paper from STOXX provides an insight why unsafe AI is the latest ESG risk: 👉 Discrimination: For example, a company running an AI-enabled hiring system could unwittingly be discriminating against certain protected groups. 👉 Physical harm: This is a concern in self-driving cars, AI-assisted robot surgery and factory machinery. 👉 Personal data privacy violation: In the process of handling and storing the large datasets required to feed AI, personal information may become exposed and unprotected.