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To end on a brighter note, whilst the world is understandably worried about rapid groundbreaking technological advancements potentially working against humanity if abused, here is a piece which gives hope, for a better future. To the extent, leaders of large organisations drive culture around ethics, it is refreshing to see employees effecting shared beliefs even if it means overturning company strategy. This piece in the Vox talks about how Google and Microsoft employees are expressing their stand against usage of cutting edge tech such as AI for military progress for instance, is a healthy sign of ‘employee activisim” driving ethical behaviour of corporates, especially in tech.
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Note: The above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. The information provided is intended for educational purposes only. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India (SEBI) and is also an FME (Non-Retail) with the International Financial Services Centres Authority (IFSCA) as a provider of Portfolio Management Services. Additionally, Marcellus is also registered with US Securities and Exchange Commission (“US SEC”) as an Investment Advisor.