RIAA launches investor guide on AI and human rights
The Responsible Investment Association of Australasia (RIAA) has launched a toolkit to help investors address these rapidly evolving issues.
AI has immense potential benefits but carries risk when it is inadequately designed, inappropriately used or maliciously deployed, says RIAA co-CEO Estelle Parker.
Factors including the magnitude of data processed by AI systems, the opaqueness of systems, pressure to increase shareholder returns, and uneven access to technology threaten can lead to breaches of human rights.
AI can increase system vulnerability to cyber-attacks resulting in widespread privacy violations and facilitate targeted attacks on vulnerable groups, particularly children, as well as other human rights abuses. This includes racial or cultural bias compounding systemic discrimination of individuals, particularly those from historically marginalised communities.
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