AI ethics and systemic risks in finance

The paper suggests that AI ethics should pay attention to morally relevant systemic effects of AI use. It draws the attention of ethicists and practitioners to systemic risks that have been neglected so far in professional AI-related codes of conduct, industrial standards and ethical discussions mor...

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Autor principal: Svetlova, Ekaterina
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8756743/
https://www.ncbi.nlm.nih.gov/pubmed/35043105
http://dx.doi.org/10.1007/s43681-021-00129-1
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author Svetlova, Ekaterina
author_facet Svetlova, Ekaterina
author_sort Svetlova, Ekaterina
collection PubMed
description The paper suggests that AI ethics should pay attention to morally relevant systemic effects of AI use. It draws the attention of ethicists and practitioners to systemic risks that have been neglected so far in professional AI-related codes of conduct, industrial standards and ethical discussions more generally. The paper uses the financial industry as an example to ask: how can AI-enhanced systemic risks be ethically accounted for? Which specific issues does AI use raise for ethics that takes systemic effects into account? The paper (1) relates the literature about AI ethics to the ethics of systemic risks to clarify the moral relevance of AI use with respect to the imposition of systemic risks, (2) proposes a theoretical framework based on the ethics of complexity and (3) applies this framework to discuss implications for AI ethics concerned with AI-enhanced systemic risks.
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spelling pubmed-87567432022-01-14 AI ethics and systemic risks in finance Svetlova, Ekaterina AI Ethics Original Research The paper suggests that AI ethics should pay attention to morally relevant systemic effects of AI use. It draws the attention of ethicists and practitioners to systemic risks that have been neglected so far in professional AI-related codes of conduct, industrial standards and ethical discussions more generally. The paper uses the financial industry as an example to ask: how can AI-enhanced systemic risks be ethically accounted for? Which specific issues does AI use raise for ethics that takes systemic effects into account? The paper (1) relates the literature about AI ethics to the ethics of systemic risks to clarify the moral relevance of AI use with respect to the imposition of systemic risks, (2) proposes a theoretical framework based on the ethics of complexity and (3) applies this framework to discuss implications for AI ethics concerned with AI-enhanced systemic risks. Springer International Publishing 2022-01-13 2022 /pmc/articles/PMC8756743/ /pubmed/35043105 http://dx.doi.org/10.1007/s43681-021-00129-1 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Research
Svetlova, Ekaterina
AI ethics and systemic risks in finance
title AI ethics and systemic risks in finance
title_full AI ethics and systemic risks in finance
title_fullStr AI ethics and systemic risks in finance
title_full_unstemmed AI ethics and systemic risks in finance
title_short AI ethics and systemic risks in finance
title_sort ai ethics and systemic risks in finance
topic Original Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8756743/
https://www.ncbi.nlm.nih.gov/pubmed/35043105
http://dx.doi.org/10.1007/s43681-021-00129-1
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