In this episode, I visit with Patrick Henz, a compliance practitioner and author of Access Granted: Tomorrow’s Business Ethics. Henz has written one of the most fascinating books on compliance going forward into the future that I have recently read. His book analyzes actual and future technological developments to discuss how these will affect tomorrow's business reality and its impact on the human. Henz believes that robotization and the implementation of Artificial Intelligence will change companies and societies. This does not mean automatically a shift for the better or worse, but life will be different, and it is in our hands to use technology for the first.
Artificial Intelligence, robots, 3D printing, micro-learnings, virtual reality, self-driving cars and all other autonomous software and machines will be a part of tomorrow's business. We should start thinking about the consequences. A chance and challenge for management, where the Ethics & Compliance function can position itself as a key-player and include AI inside its responsibilities.
In addition to the above, we discuss the role of gamification of training going forward. How will AI impact compliance. We also consider how the German electro-rock group Kraftwerk influences compliance to this day. Finally, we consider how the movie Minority Report and Asimov’s Three Laws of Robotics will inform your compliance program going forward.
Patrick Henz can be reached at Patrick.Henz@primemetals.com.
You can check out his book Access Granted on amazon.com.