IIC Journal of Innovation 11th Edition | Page 59

So, you think you have an AI strategy? Think again. Global Initiative on Ethics of Autonomous and Intelligent Systems launched by IEEE Standards Organization to serve as a platform for standardization across a few fronts. The Global Initiative on Ethics of Autonomous and Intelligent Systems was Table 3: IEEE Global Initiative on Ethics of Autonomous and Intelligent Systems There are many pros and cons associated with these different organizational structures. Collectively though, work products can usually be categorized into one of two camps – 1) university research aimed at creating new knowledge or ways of thinking about social impact of AI; 2) standards and consortia aimed at creating agreement in perspectives and tools about social impact of AI. S OCIAL I MPACT F ACTOR A NALYSIS (SIFA) We will now introduce one version of “Social Impact Factor Analysis” (SIFA) – a method and technique for evaluating the plausible systemic risks and benefits of emerging AI technologies, products and services to a community. This strategy tool 5 was developed from experience performing open and closed strategy workshops as part 5 Wright, R., Paroutis, S. & Blettner, D. (2013) How Useful are the Strategic Tools We Teach in Business Schools? Journal of Management Studies, 50(1): 92-125. - 55 - June 2019