oracle study
Why AI is critical to meet rising ESG demands
Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Could artificial intelligence (AI) help companies meet growing expectations for environmental, social and governance (ESG) reporting? Certainly, over the past couple of years, ESG issues have soared in importance for corporate stakeholders, with increasing demands from investors, employees and customers. According to S&P Global, in 2022 corporate boards and government leaders "will face rising pressure to demonstrate that they are adequately equipped to understand and oversee ESG issues -- from climate change to human rights to social unrest."
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Why AI is critical to meet rising ESG demands
We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Could artificial intelligence (AI) help companies meet growing expectations for environmental, social and governance (ESG) reporting? Certainly, over the past couple of years, ESG issues have soared in importance for corporate stakeholders, with increasing demands from investors, employees and customers. According to S&P Global, in 2022 corporate boards and government leaders "will face rising pressure to demonstrate that they are adequately equipped to understand and oversee ESG issues -- from climate change to human rights to social unrest." ESG investing, in particular, has been a big part of this boom: Bloomberg Intelligence found that ESG assets are on track to exceed $50 trillion by 2025, representing more than a third of the projected $140.5 trillion in total global assets under management.
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Soon, AI-based robots to replace financial advisers: Oracle study
Just about a year ago, before the world was locked down, the big fear was technology taking over jobs. But, over the extended global lockdown, humans seem to have discovered greater faith in technology and machines, according to Oracle's Money and Machines: 2020 Global Study that was conducted across 9,000 consumers and business leaders in 14 countries. India is among the top three geographies including Japan and China where 83 per cent of Indians and 88 per cent of business leaders now trust artificial intelligence (AI) more than humans to manage finance. Across Asia-Pacific, 76 per cent of consumers said they would trust a robot more than a financial adviser, while at a global level it was 67 per cent. Covid-led financial anxiety, and sadness among both consumers and business leaders more than doubled in 2020.
Oracle Study: 64% of People Trust a Robot More Than Their Manager - Robot News
A recent study conducted by Oracle and research firm Future Workplace found that 64% of people would trust a robot more than their manager. The study included 8,370 employees, managers and HR leaders across 10 countries. Its aim was to see how AI has changed relationships between people and technology at work. It did have some surprising results when comparing human supervisors to potential robot overlords. According to the study, 64 % of people would trust a robot over their manager.