Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker's first level 3 car will have the technical capabilities for level 4 or 5 highway driving. "We can create a software update (for the car) and inform our drivers, 'We are are very confident on this road. We are very sure nothing can happen. You can sleep if you want to.'" He makes sure to note that this is a best-case scenario.

Give us your feedback Thank you for your feedback. Welcome to the FT Business school newsletter, a weekly serving of management wisdom, reading recommendations and business-related challenges. FT subscribers can sign up here to receive the newsletter by email every Monday. If you have feedback about FT Business school, please email bschool@ft.com. David Green, the director of the UK's Serious Fraud Office, the agency that investigates complex fraud and bribery -- features in our weekly series How to Lead. He talks about how he revived a demoralised team.

But what does "data monetization" really mean, how do you do it, and more importantly, who in the organization owns the job of "data monetization"? The role of Chief Data Officer (CDO) would seem to be a godsend to answer the data monetization challenge. They should be the catalyst in helping organizations to become more effective at leveraging data and analytics to power the digital transformation. However, all is not well in the world of the CDO. Many organizations appoint a CDO with an Information Technology (IT) background – the same background and experience as the Chief Information Officer (CIO).

She sits patiently in millions of homes, an unremarkable cylinder commonly referred to as Alexa. But Amazon's new'virtual assistant' has been touted as nothing short of technological revolution. In response to spoken commands, she answers questions which previously required an internet search, can perform mundane domestic tasks such as turning on lights, and makes online purchases – through Amazon, obviously. Can it all be as innocent as it seems, particularly in an age rife with internet snooping? Some users have even reported'bone-chilling' cackles emanating from their speakers at random moments.

Most Chinese consumers have likely never heard of SenseTime. But depending on where they live, it might be looking at their faces several times a day. If a person goes shopping at Suning, one of China's largest electronics retailers, it's possible that a camera in the store is tracking her behavior using SenseTime's software. Later, if she opens Rong360, a peer-to-peer lending app, she'll be asked to login using facial recognition--powered by SenseTime. She might send a video of herself to her friends on SNOW, a Snapchat-esque chat app, donning animated sunglasses built by SenseTime.

China will be the world's dominant player in artificial intelligence by 2030. A State Council document, issued in July last year, resolved to position China as the world's pre-eminent practitioner of artificial intelligence (AI) in both research and application within the next 12 years. Governments across the world are rushing to support innovation in AI, but none has published as coherent a plan as China and – more importantly – has the ability to get things done: the Chinese government can implement policy in ways that are impossible in western democracies. Intent, however, is one thing: to paraphrase the boxer Mike Tyson, everyone has a plan until they get punched in the mouth. The Chinese not only have a strategy, they have a track record of delivering on large-scale, ambitious projects.

Ethics should be at the centre of the development of artificial intelligence (AI), a parliamentary report has said. AI should "never" be given the "autonomous power to hurt, destroy or deceive" people, it adds. The Lords' report said the UK has the potential to be a leader in developing AI and called on the government to support businesses in the field. It also recommended that people be educated to work alongside AI in the jobs of the future. It said that such education would "mitigate the negative effects" on jobs which are possible as AI develops.

In contemporary sci-fi--HBO's "Westworld," for example--sentient machines take up arms against humanity. In the real world, intelligent--and increasingly autonomous--robots are being created with weapons already in hand. More than 16 countries (not to mention terrorist groups like the Islamic State) already possess armed drones. Militaries around the globe are racing to deploy robots at sea, on the ground and in the air. For now, these machines operate mostly under human control, but that may not be the case for long.

The House of Lords Select Committee on Artificial Intelligence, in a report titled AI in the UK: Ready, Willing and Able?, argued that the UK can lead the world in AI, as long as it puts ethics at the centre of its plans.

EY has announced that it will collaborate with InsurTech company Concirrus to support the adoption of behavioural-based underwriting and risk management in marine insurance, using artificial intelligence (AI) powered software. The partnership is intended to help modernise the marine sector's traditional demographic based underwriting models, which rely on data like the age, size and flag of a vessel, and which are under increasing pressure to underwrite risks better and faster. Concirrus has developed AI-driven software that utilises new sensor, machine and analytical capabilities, which can help re/insurers better understand their exposures and control claims. Harnessing these technologies at scale, the partnership will allow marine re/insurers to better manage their risk portfolio and develop more accurate underwriting models by utilising behaviour analysis and considering factors like a vessel's speed and location. Chris Payne, Head of Insurance Technology, Europe, Middle East, India & Africa (EMEIA) at EY, said: "Driving innovation within the specialty insurance market is something we are very focused on. The unique toolsets and data that Concirrus has access to will drive new insights in the marine insurance industry, and we are thrilled to be working together. "Leveraging EY's insurance knowledge and longstanding relationships in the industry, and Concirrus' unique combination of data and proprietary technology, we can help insurers, brokers and Protection and indemnity insurance clubs enter a new world of marine insurance." Andy Yeoman, Chief Executive Officer (CEO) of Concirrus, also commented: "EY's domain knowledge and expertise at scaling technology will be a great addition to our software.