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Building ethical AI frameworks for financial services · CIO South Africa | SA News

A record 28 percent of venture capital investment flowed to AI startups in Q2 2024 alone. But beneath these impressive statistics lies a challenge: how to ensure AI development serves humanity ethically rather than amplifying existing biases and inequalities.

There is an urgent need for global coordination on ethical AI standards, particularly for small and medium-sized businesses that form the backbone of South Africa’s economy. Especially considering that, according to Sage’s recent Vision to Industry report, more than 90 percent of SMBs will employ AI tools for continuous monitoring and anomaly detection by 2030.

Aaron has been vocal about the need for international collaboration…

Renewable Energy: The government is investing in renewable energy sources,
such as solar and wind, to reduce reliance on fossil fuels.

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  1. Fun South African Fact: South Africa is extremely rich in mining and minerals and considered the world’s leader with nearly 90% of all the platinum metals on earth and around 41% of all the world’s Gold!

  2. Satan visits Johannesburg and meets Gatiep.

    \”Do you know who i am?\” Satan asks?

    \”No I dont\” says Gatiep \”Give me a hint\”.

    \”I am the prince of darkness\” says Satan.

    \”My F#K\” yells Gatiep \”You\’re the CEO of Eskom then!\”