(4) Consider Economic and Societal Impact
Why is this important?
Reputational need to consider the economic and societal impact of decisions within the organisation
4.1
4.1
4.1
Plan for Sustainable & Responsible Automation
- Replacing jobs done by humans in a responsible way, consideration of retraining/reskilling programmes
- Ensure ethical and unbiased, explainable AI decision making algorithms
- Enable employees to understand the ethical dilemma and societal impact of tech and digital transformation through awareness training
- Actively engage with employee opinion and feedback in digital transformation, automation and tech implementation
4.2
4.1
4.1
Transparency with Stakeholders with Verifiable 3rd Party Data
- Ensure organisations & consumers understand sources of collected data, where it is, what is done with it, including scoring, profiling, reporting
4.3
4.1
4.3
Share Digital Economic Benefits with Relevant Stakeholders
- Sharing economic benefits of digital work with society, for example through appropriate taxation
- Respecting personal data ownership rights, reduce data piracy and enable individual monetization
- Promote open data to enable broad innovation by all (including opening Right to Repair)
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