What Does AI Mean for Human Flourishing?

Transcript:

When you think of AI in its most simplistic form, it's taking compute power and computers and matching it with data. And out of that comes insights or actions. So it does not have a mind of its own. It does not have the ability to go outside of how it's programmed. But what we are seeing is that AI models are improving. We are also seeing increased adoption and we also are seeing legitimate use cases develop. And we expect use cases to start with cost savings, then mature into productivity enhancements, and then mature more into driving revenue growth.

It's really a generational technology because it can be applied everywhere. So in everything we do, we look to invest with our Business 360® values. And that means we are looking at AI through that lens. How is it contributing to human flourishing or how is it not contributing to human flourishing and actually contributing to human suffering?

And so it's important to differentiating not just what is the technology, is it good or evil, but what are the results of the technology and who's using the technology for good or evil?

We are actively looking at AI through our Business 360® lens, and then we're developing reports and other white papers that really zooms in on a topic from a ethical lens, from our Business 360® lens that we think will be meaningful for the entire investment community and for the world.

We're still very, very early in figuring out what is this generational technology going to do.

We as investors need to be careful in how we're stewarding capital to try to, as best as we can, align with companies that are protecting what is good with AI and implementing it for good purposes to serve human needs versus really destructive ends.