WTC’s 4th Fall Session

World Technology Congress is hosting its 4th Fall Session on 6th September 2024 at the House of Lords, UK Parliament. A global thought leadership forum dedicated to the Lord Mayor of London’s Ethical AI initiatives for the advancement of global innovation, technology and business. The esteemed Lord Mayor Michael Mainelli will grace us with their insights with his keynote address while the plenary speakers include CEOs of financial institutions who will deliver key perspectives on AI-driven frameworks in financial and investment sectors.. Moderated by a leading AI expert reporter from the Financial Times, the power-packed panel will laser-focus on major issues facing the AI-powered economy and the future of work, wealth creation and citizen welfare.

Strategically held in London, the Forum draws on the UK’s heritage, ingenuity and position as a key innovation hub for generating globally deployable solutions and proven frameworks.

Sailing Into The Unknown: Economy Remade, Disruption reshaped, Workforce relents

Almost 40 per cent of global employment is exposed to AI. AI exposure is projected to be 60% in high-income countries, while it is expected to be 40% and 26% in emerging markets and low-income countries, respectively. These projections suggest that developing economies are less likely to face immediate disruptions from AI. However, the lack of necessary infrastructure and a skilled workforce in many of these countries could impede their ability to fully leverage AI, which could potentially exacerbate inequality among nations over time.

2024 has been the year of Generative AI and the biggest risks and concerns hardly played a part in a wider technology discussion. While the distribution of harmful content, IP and copyright breaches, data-privacy violations, exposure of sensitive data, purposely trained LLMs to amplify bias, workforce replacement and displacement are already forming a new reality. What measures can we take to cultivate a safe, responsible and inclusive AI framework? What ethical principles can set a strong foundation to maintain and nurture business and innovation, public trust and the right to private life?    

  • Michael Mainelli

    Lord Mayor of London

    Read Bio

  • HRH

    C-Suite Executive

    TBC

  • Leading AI reporter

    https://www.ft.com/cristina-xxxxxxx

    Read Bio

  • Abu Dhabi Investment, ADIB

    C Suite

    TBC

AI is progressing rapidly and has captured the world's attention, causing both excitement and concern. This has raised important questions about its potential impact on the global economy. It is difficult to predict the overall impact of AI, but it will have complex and far-reaching consequences. Policies need to be developed to allow us to harness the potential of AI safely for the benefit of humanity.

The Lord Mayor of London, Michael Mainelli, is set to share his valuable insights on an initiative that aims to develop and implement AI in ways that benefit society while minimizing potential harm.

Agenda Pillars

  • AI-Led work, life & Money

    The way we work is changing rapidly with the advent of digital technology, automation, and AI. It is crucial for businesses, government entities, employees, and even parents to prepare themselves for the future of work, starting today.

    This will have a long term generational impact on life and livelihood. Let us explore ways to best position to leverge this transformation.

  • Inalienable Rights

    The protection and promotion of human rights are integral to the responsible governance of AI. In this regard, privacy and data protection, equality and non-discrimination, and the protection of autonomy and economic, social, and cultural rights are of utmost importance. In the world of misinformation, risk of data privacy and exposure to harmful content. How can we ensure these fundamental rights are upheld, and work towards harnessing the potential of AI to benefit everyone in a fair and just manner.

  • Industrial Development & Disruptive Forces

    AI is transforming industrial processes by enhancing efficiency, productivity, and innovation. We are witnessing various applications include predictive maintenance, defect identification, supply chain optimization and many more. From manufacturing to design, service businesses to industrial, medical and pharmaceutical research to hospitality, what other major disruptions are we yet to expect in the near term?

  • AI: The Future of Finance, Banking and Investment

    The role of generative AI (GenAI) in the banking and finance industry is profoundly impacting traditional banks. With the onset of GenAI, there is a confluence of factors that can drive competitive value for traditional banks. GenAI has the practical potential to fundamentally positively disrupt how front, middle, and back office functions behave by democratising access to complex insights and supporting the ability to deliver banking services at a new scale.

In Attendance

Join the World’s top decision-makers as they convene to address our shared global AI future.

  • Global CEOs, C-level executives, board members & senior executive decision-makers

  • Startup CEOs, tech executives & leaders of next-generation disruptive businesses

  • Investment bankers, private equity executives, venture capitalists & major money managers

  • International & national policymakers & government representatives

  • Experts & influencers from technology, media and finance.