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MITIGATING RISKS ASSOCIATED WITH EMERGING TECHNOLOGY INNOVATIONS: SANTANNA SCHOOL RESEARCH CITED IN WORLD ECONOMIC FORUM WHITE PAPER

Publication Date: 
06.12.2017

Andrea Bertolini, a researcher of Sant’Anna School Dirpolis Institute (Law, Politics, Development), has been cited in a White Paper by the World Economic Forum, titled “Mitigating Risks in the Innovation Economy”. The WEF White Paper provides analysis on how emerging technologies and the advent of technological breakthroughs, such as machine learning, Artificial Intelligence and self-driving vehicles are causing risks faced by individuals and society.

Policymakers (World Bank and European Commission), leading insurers and technology innovators (Symantec, IBM, Lloyds, Allianz, Zurich, Swiss Re, Unipol), and universities (MIT – Boston, Imperial College – London) have long promoted STEM (Science, Technology, Engineering, Mathematics) education to access the skills they need for economic growth. The report is currently addressing the changes arising from the emergence of technological innovations in an effort to better understand how the innovation economy is impacting our society.

Andrea Bertolini was invited to share his expert knowledge in the debate about the risks and potential losses associated with emerging technology innovations at the Munich conference in November 2016. This WEF White Paper aims to bring together global insurance and technology pioneers, policymakers and academics to develop key recommendations on how to mitigate economic and social impact of global risks. As Bertolini pointed out, there is the need for an alternative liability, a discussion on “attribution of responsibility” and a system that place more stress on the “risk management” and on how to proportion liability across users, manufacturers, software developers and producers.