This summary is provided by the IPR ESG & Purpose Research Library.
Deloitte examined how ethical principles are currently being applied to emerging technology.
A survey of 1,794 business and technical professionals actively involved in either developing, managing, or consuming emerging technologies was conducted.
Key findings include:
1.) 87% of respondents said that, with the exception of cognitive technologies (e.g., AI), their company does not have or is unsure if they do have specific ethical principles governing emerging technology.
2.) Even for companies that have broad ethical principles for emerging technology, only 47% of respondents said their company updates those principles at least annually.
3.) 79% of respondents said that their company’s ethical standards were shared by their leadership, while far fewer said they were shared by mid-level managers (11%) and individual employees (5%).
4.) 89% of respondents said they buy into executive messaging on ethics, though the numbers differ by generation.
— 93% of Baby Boomers
— 90% of Generation X
— 85% of Millennials
5.) When new principles emerge, companies should try to understand why and appropriately incorporate or at least acknowledge these changes to show that they are listening.
Find the original report here.
