This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Toward a Future of Responsible Innovation" created on September 1, 2021. It features a speaker discussing the importance of ethical frameworks in technology ecosystems, emphasizing the role of companies and venture capital firms in promoting responsible innovation.
Chapters
In many ways, I'd say an ethically healthy technology ecosystem looks like an ethically healthy society. It looks like the innovation ecosystem addressing the biggest problems that society has and being really thoughtful about not exacerbating the ones that it has helped to drive, like income inequality and these kinds of things. But with that as kind of a maybe too broad brush statement, I think for us, we will sort of evaluate ourselves based on the number of companies that are using our framework to make decisions. We want to see a lot of companies using our frameworks, and I mean, we're not proprietary about them. If there are other great frameworks, that's great too. But we think our frameworks will ultimately be good and useful and reflective of a high standard of behavior. And so that's one, we want to see a lot of companies using them. Two, and maybe more importantly, we want to see capital allocators, venture capital firms, private equity, others using our standards as criteria for investment. We think that at the end of the day, the gasoline in the engine of America's innovation economy, the world's innovation economy to a substantial degree, is venture capital. If we can get those firms to be thoughtful about, as they are in many cases already, they're very thoughtful about the. They have visions about what the technology state of the world, whether it's investment in alternative energies or AI or other things, they have a view about what the technology state of the world they want to see come into existence is going to be. We need them to also have a view about what the responsibility say to the world is going to be and to use that as a gate for their investment decisions. I'd say those are probably the things that are most important to us. There are probably others as well, but that's how we'll evaluate our success.