“Nvidia designs the chips of choice for servers that run artificial intelligence software. Demand is booming. The US company also makes 80 per cent of the kit which allows such top-end AI processors to talk to each other. It’s all seen as green, as the virtual world is low on emissions. Well and good except that many experts — from academics to tech insiders — believe AI poses an existential threat to mankind. These are no crack pots. On Wednesday, the European parliament voted to rein in AI technologies due to ‘significant risk of harm to the health and safety of persons’.
[COMMENTARY] Should AI be a major component of a sustainable investment portfolio? Most ESG/green/sustainable funds have tech that includes AI as their largest industry holding. Yet, many leaders in the AI field are warning of potential calamities if AI is not globally, adequately, supervised.
I don’t own green funds because I want to live, by Stuart Kirk, June 16, Financial Times, UK.