Everyday AI Podcast – An AI and ChatGPT Podcast

Ep 502: Sustainable Growth with AI: Balancing Innovation with Ethical Governance

45 snips
Apr 11, 2025
Rajeev Kapur, President and CEO of 1105 Media, shares insights on the intersection of AI innovation and ethical governance. He emphasizes that unchecked growth can lead to vulnerability, urging companies to adopt robust data management practices. The discussion highlights the critical role of ethical leadership in navigating AI's complexities, especially concerning emerging technologies like deepfakes. Kapur encourages organizations to self-regulate and prioritize transparency to maintain consumer trust in this fast-evolving landscape.
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ANECDOTE

Spatial Audio Journey

  • Rajeev Kapur sold an AI startup that developed algorithms for 3D sound (now spatial audio).
  • Apple's commercial featuring AirPods showcased similar technology.
ADVICE

Balancing Innovation and Ethics

  • Create a cross-functional AI ethics board with legal, scientists, ethicists, and end-users.
  • Tie executive compensation to ethical outcomes, not just financial performance.
INSIGHT

Data as a Differentiator

  • Data is the new oil, but companies lack the "refineries" to process and leverage it.
  • CEOs often view data as an expense, not an opportunity for growth and competitive advantage.
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