Governing Artificial Intelligence to benefit the UN Sustainable Development Goals
Open accessAbstract
Big Tech's unregulated roll‐out out of experimental AI poses risks to the achievement of the UN Sustainable Development Goals (SDGs), with particular vulnerability for developing countries. The goal of financial inclusion is threatened by the imperfect and ungoverned design and implementation of AI decision‐making software making important financial decisions affecting customers. Automated decision‐making algorithms have displayed evidence of bias, lack ethical governance, and limit transparency in the basis for their decisions, causing unfair outcomes and amplify unequal access to finance. Poverty reduction and sustainable development targets are risked by Big Tech's potential exploitation of developing countries by using AI to harvest data and profits. Stakeholder progress toward preventing financial crime and corruption is further threatened by potential misuse of AI. In the light of such risks, Big Tech's unscrupulous history means it cannot be trusted to operate without regulatory oversight. The article proposes effective pre‐emptive regulatory options to minimize scenarios of AI damaging the SDGs. It explores internationally accepted principles of AI governance, and argues for their implementation as regulatory requirements governing AI developers and coders, with compliance verified through algorithmic auditing. Furthermore, it argues that AI governance frameworks must require a benefit to the SDGs. The article argues that proactively predicting such problems can enable continued AI innovation through well‐designed regulations adhering to international principles. It highlights risks of unregulated AI causing harm to human interests, where a public and regulatory backlash may result in over‐regulation that could damage the otherwise beneficial development of AI.
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The company could manage both the risk of an asset from a financial performance perspective and the risk from the ESG perspective.
“manage both the risk of an asset from a financial performance perspective and the risk from the ESG perspective.143”
From Artificial Intelligence and Sustainable Decisions (2023) · cites this paper as [143]
Ensuring that AI is human centered requires government interventions, and ethical standard and regular auditing are key to maintain compliance with regulatory frameworks governing the use and adoption of AI.
“Ensuring that AI is human centered requires government interventions (Mhlanga 2022), and ethical standard and regular auditing are key to maintain compliance with regulatory frameworks governing the use and adoption of AI (Truby 2020).”
From Environmentally sustainable smart cities and their converging AI, IoT, and big data technologies and solutions: an integrated approach to an extensive literature review (2023) · cites this paper as Truby 2020
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“…and cross-disciplinary dialogue is needed to ensure that decision makers, AI developers, businesses, and the general public are aware of societal, ethical, and legal implications of AI systems and of concrete recommendations for action (Floridi et al., 2018; Donahoe and Metzger, 2019; Truby, 2020).”
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- Authors
- Truby, J.
- Affiliations
- Qatar University (QA)
- Corresponding author
- Truby, Jon
- ORCID
- Truby, Jon
- Venue
- Sustainable Development
- Publisher
- Wiley
- Published
- 2020-02-26
- Volume
- 28
- Issue
- 4
- Pages
- 946-959
- ISSN
- 0968-0802 (ISSN-L)
- 1099-1719
- OpenAlex
- W3006864169
- Cited by
- 266
- References
- 55
- Citations by year
- 2026: 48 · 2025: 77 · 2024: 59 · 2023: 38 · 2022: 28 · 2021: 14 · 2020: 2
- FWCI
- 27.89
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Sustainable Development (publishedVersion, cc-by)
- SSRN Electronic Journal (submittedVersion)
- Qatar University QSpace (Qatar University) (submittedVersion)
- Funders
- Qatar National Research Fund (NPRP 11S‐1119‐170016)
- Topics
- Social Sciences › Safety Research › Ethics and Social Impacts of AI
- Social Sciences › Law › Digitalization, Law, and Regulation
- Social Sciences › Sociology and Political Science › Innovation, Sustainability, Human-Machine Systems
- Keywords
- AI governance, Sustainable Development Goals, Big Tech, automated decision-making, algorithmic bias, financial inclusion, developing countries, algorithmic auditing, AI regulation, algorithmic transparency, financial crime, corruption, data exploitation, overregulation, AI ethics
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