June 19, 2024

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Artificial Intelligence between Business, Politics, and Philosophy at the Business Ethics Summit 2024

On June 2nd, one of the most significant events of the year in terms of business ethics and artificial intelligence was held at the Pontifical University in Vatican City: the Business Ethics Summit 2024. Conceived and moderated by Cristiana Falcone, the event saw the participation of experts, politicians, and representatives of large companies, focusing on how AI can be integrated into business activities in an ethical and responsible manner.

The summit opened with a warm welcome, followed by the inaugural remarks of Cardinal Turkson, emphasizing the importance of ethics in every sector of the global economy. Following this, Cristiana Falcone outlined the engagement rules, highlighting the need for open and collaborative dialogue on crucial topics such as AI regulation in the European Union and the impact of technology on the future of businesses and society.

The Business Ethics Summit 2024 represented an important milestone in the dialogue on AI ethics. Under the guidance of Cristiana Falcone, the event highlighted not only the challenges but also the opportunities that AI offers to the business world. As the technological landscape continues to evolve, events like this are essential to ensure that innovation proceeds hand in hand with ethics and social responsibility.

Artificial Intelligence and Politics

The first session, “AI & Politics,” delved into the new EU AI regulation, with contributions from experts such as Lucilla Sioli, Director of Artificial Intelligence and Digital Industry at the European Commission, and Brando Benifei, co-author of the European AI Act. The discussion highlighted how the regulation aims to classify AI systems based on risk and establish stringent standards to ensure transparency and safety, especially for high-risk systems such as facial recognition and candidate evaluation for jobs.

Artificial Intelligence and Business

The subsequent sessions explored the practical application of AI in the business world. The first part featured talks on how AI can enhance product and service development, security, and operational efficiency. Simona Arduini from Banca Ifis and Roberto Tundo from Gruppo FS shared their experiences on how their organizations are implementing AI technologies to remain competitive while being ethically responsible.

In the second part of the same section, the focus shifted to sustainability, diversity, and governance. Prominent figures like Salvatore Pinto from AXPO and Piero Ferrari discussed the implications of AI for environmental sustainability and social inclusion. It became clear that AI has the potential to promote sustainability through the use of energy-efficient algorithms and the adoption of renewable energy sources.

Artificial Intelligence and Philosophy

The final session offered a philosophical reflection on the relationship between AI and human consciousness, touching on profound topics such as the distinction between intelligence and consciousness and the ethical implications of creating machines capable of suffering. Participants explored whether the advancement of AI could one day lead to the creation of entities endowed with consciousness and what the ethical consequences of such a development would be.

About Cristiana Falcone

Cristiana Falcone, the brilliant mind behind the Business Ethics Summit, played a central role in organizing and moderating the event. With a career spanning strategic consulting to corporate leadership, Falcone has demonstrated a deep understanding of the ethical challenges posed by AI. Her vision of AI serving the common good and promoting social responsibility was the guiding thread throughout the summit.

Thanks to her extensive experience and network of international contacts, Cristiana Falcone managed to bring together a panel of top-level experts and prestigious leaders from around the world, ensuring that each discussion was rich in insights and diverse perspectives. Her ability to moderate complex debates with balance and acumen allowed for an in-depth exploration of the topics, providing participants with a platform for constructive engagement.

For further details on the event and its participants, you can visit the official website of the Business Ethics Summit. Through these links, you can read some interviews with Cristiana Falcone that you might find interesting.

(from italian press releases):

Cristiana Falcone: il potenziale trasformativo dell’AI al Business Ethics Summit 2024 (Corriere della Sera)

Cristiana Falcone (Business Ethics): valori intatti in nuova identità umana (La Repubblica – Roma) 

Cristiana Falcone: potere alle donne (La Stampa)

Cristiana Falcone: promuovere la crescita sostenibile attraverso l’etica (Corriere del Web)

Open AI: intervista a Cristiana Falcone (Punto Informatico)