Artificial Intelligence is developing faster than the ethical issues is raises, as most people seem unconcerned about the impact of data trails and decision-making by algorithms. The response in time is likely to be more regulation.
Tag Archives | ethics
Despite the commonly held views that Australians hate banks, market research shows the vast majority are satisfied with their bank. Same with super funds. What about bank managers and financial advisers?
Chris Cuffe on gratitude, growing a business, the value of culture and the need for time and patience in investing – he says “Slow money is better than quick money.”
When two Nobel Laureates sit down to discuss the topic ‘Why does the public hate us?’, you know there’s a major problem. And the Murray Interim Report raises many concerns about wealth management in Australia.
The Oath has laudable aims which everyone in the banking and finance industry should support. But the public will take some convincing, and maybe some executives are not believers either.
Most people see the financial services industry as untrustworthy, but trust could be re-kindled if we practised two easily-stated pragmatic principles. Ethical behaviour is more likely to enhance success, and it isn’t too onerous.