On this episode, I welcome Steve Mills, Global Chief AI Ethics Officer for Boston Consulting Group and Global AI Lead for the Public Sector. Steve shares insights into the intersection of AI innovation and ethical responsibility, guiding us through the often-confusing topic of AI regulation and ethics.

Key Takeaways:

(00:26) The role clear regulations play in fostering innovation.

(02:43) The importance of consultation with industry to set achievable regulations.

(04:07) Addressing the uncertainty surrounding AI regulation.

(06:19) The necessity of sector-specific AI regulations.

(07:33) The debate over establishing a separate AI regulatory body.

(09:22) Adapting AI policy to keep pace with technological advancements.

(11:40) Enhancing AI literacy and upskilling the workforce.

(13:06) Ethical considerations in AI deployment, focusing on trustworthiness and harmlessness.

(15:01) Strategies for ensuring AI systems are fair and equitable.

(20:10) The discussion on open-source AI and combating monopolies.

(22:00) The importance of transparency in AI usage by companies.

Resources Mentioned:

Steve Mills - https://www.linkedin.com/in/stevndmills/

Boston Consulting Group - https://www.linkedin.com/company/boston-consulting-group/

Responsible AI Ethics - https://www.bcg.com/capabilities/artificial-intelligence/responsible-ai

Study on the impact of AI in the workforce - https://www.bcg.com/publications/2022/a-responsible-ai-leader-does-more-than-just-avoiding-risk

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