Artificial Intelligence (AI), defined as a system's ability to correctly interpret external data, to learn from such data, and to use what it learns to achieve specific goals and tasks through flexible adaptation, will doubtlessly lead to a multitude of changes in today's world. Given the significant uncertainties around artificial intelligence, it is not astonishing that the opinions on it reach from highly euphoric like the vision of best-selling author Raymond Kurzweil to straight out alarmist as frequently expressed by tech entrepreneur and investor Elon Musk. Theoretical physicist Stephen Hawking called AI "either the best, or the worst thing, ever happen to humanity". For at least three reasons, ethics as well as a human approach to AI and its progress are an absolute imperative. First, an AI system will do whatever assignment it has been asked to do, independent of whether these tasks are illegal, unethical, or simply produce negative outcomes.