Victoria Riess’ five cents on an opportunity-oriented and responsible approach to and design of AI

Executive insights on new issues of the AI age to make a contribution to the social discourse on corporate responsibility in times of AI change

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Strengthen the future viability of Germany and Europe as a business location for AI development and adoption with Victoria Riess – from talk to action.

1. Mitigate changes to business models, working and living environments

AI diffusion

Facilitate intro of AI, define promotional policy measures, develop AI skills required.

Labor markets

Mitigate impact of AI on job placement and quality, build AI skills needed.

Ethics

Address key risks in workplace and live through policy measures.

2. Get employees excited about changes

AI augmentation

Balance automation with human insight and AI-augment workforce.

Employee value

Explain ‘Why’ of AI and continuously communicate employee value.

Upskilling

Make upskilling organizational commitment and adjust operating model.

3. Successfully implement AI with right framework conditions

Resourcing

Provide data sharing, AI computing infrastructure and grants for business R&D.

People

Train for AI skills and education, launch public awareness campaigns and civic participation.

Policies

Define laws around AI liability, prepare for mandatory reporting requirements.

4. Prepare business, administration and civil society for AI future

AI ambition

Define national AI ambition, invest in AI skills and education.

Policies

Emerge AI-related policy and regulation, build global and local cooperation ecosystem.

Funding

Consider public investment in AI, develop research and innovation.

5. Adapt business values to ensure responsible approach to AI

Responsible AI

Add Responsible AI to CEO agenda to catalyze and safeguard innovation.

AI ethics

Resolve complicated ethical questions around AI deployments and investments.

AI risks

Reduce AI failures and realize more value from AI itself.

What’s your take on how to move from talk to action for an opportunity-oriented and at the same time responsible approach to and design of AI?

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