The International Chamber of Commerce (ICC) and Saïd Business School will join forces to develop a set of all-encompassing artificial intelligence principles.
Over the years, policy and regulatory discussions concerning AI have focused on sector-specific or issue-specific issues without considering wider ethical, societal, or business implications. Researchers from ICC’s Knowledge Solutions department and the School's Oxford Future of Marketing Initiative will work together to conduct an extensive review of existing AI principles to identify commonalities and differences between standards.
The research team will gather AI perspectives from businesses of all sizes, including multinational corporations, small- and medium-sized enterprises, and women- and minority-led businesses, to determine policy and regulatory gaps. After considering these gaps, the team will work to develop inclusive unified AI principles for the private sector that promote creative, dependable, and ethical applications of AI technology. The researchers will consider a range of factors including privacy, accountability, safety, bias, and the impact of AI deployment on inequality. It is hoped that these collective principles will empower businesses of all sizes to harness the benefits of AI and advance the safe, transparent, and responsible use of technology for all.