Tagged With business ethics

The US Federal Communications Commission says Swarm Technologies - a communications startup run by Silicon Valley expats - launched four tiny internet satellites into space back in January. That's a problem because the FCC never greenlit the project, saying the experimental satellites are dangerous. If confirmed, it would mark the first known time in history that unauthorised satellites have been placed in space.

Earlier this week, David Kenny, IBM Senior Vice President for Watson and Cloud, told the US Congress that Americans have nothing to fear from artificial intelligence, and that the prospects of technological unemployment and the rise of an "AI overlord" are pernicious myths. The remarks were as self-serving as they were reckless, revealing the startling degree to which IBM is willing to forfeit the future for the sake of the present.

Agriculture company Monsanto has acquired a non-exclusive global licensing agreement from MIT's Broad Institute and Harvard to use the CRISPR/Cas9 gene-editing system. The firm will use it to design and grow new seeds and plants, but there are key restrictions on its use to prevent Monsanto from abusing this revolutionary new technology.