Transformational progress in artificial intelligence (AI) is stimulating fear as well as excitement. Large language models (LLMS) – the genus that powers ChatGPT, a generative AI tool – have surprised even their creators with its unprecedented reach given the sheer velocity this technology is being scaled. Yet, a big problem is that they are black boxes and with the genie out of the bottle, it remains a complex task to weigh AI’s distinctive opportunities and risks in fostering ESG’s burgeoning relevance.
Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), discusses MUFG’s latest ESG thought leadership report that examines the plethora of ESG implications from the evolution in AI – see here for the full report.