Artificial Intelligence: economic gains, ethics, and workforce wellbeing

Much of the focus on artificial intelligence has been on the impact that task automation will have on jobs. While PwC expects that the nature of jobs will change and that some will be susceptible to automation, their newest research, Sizing the prize, shows that AI-driven products and services will also generate significant economic value, offsetting job gains, as well as boosting productivity and average wage levels. Organisations still need to develop approaches to embed AI responsibly into our workplaces and to secure the right talent to make the most of the opportunities created. MARGINALIA spoke with PwC's AI Programme Leader, Rob McCargow (pictured right), to explore the key findings from their new report. McCargow is deeply involved in the IEEE Global Initiative for Ethical Considerations in Artificial Intelligence and Autonomous Systems, and so shares important ethical considerations and advice around how to maximise AI efforts in a way that benefit the enterprise, its people, and the society.