This isn’t a new story: A novel technology disrupts society, bringing with it many benefits but also major risks and costs. We saw it during the Industrial Revolution, which vastly improved the average living standard but also led to poor labor conditions and environmental degradation, all within a timeline that was difficult to foresee.

And here we are now at the dawn of the AI revolution. This time, cloud computing and computer processing power, cheap storage, new algorithms, as well as new product and service innovations, are poised to bring about driverless cars, virtual reality, AI-enabled medical diagnostics, and predictive machine maintenance.

In tandem with the positive technological breakthroughs, however, we also see some negative, often unintended consequences of these technologies. They run the gamut of fake news and algorithms that favor the incendiary and divisive over the factual, to major privacy breaches and AI models that discriminate against minority groups or even cost human lives.

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