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| We Know Smart Contracts are "Smart" but Are They "Ethical"? Emerging Technologies, Emerging Ethical Risks (1716Q) |
Course CPE: 1 hour
Field(s) of Study: Business Management and Organization–1 hr
Program Level: Advanced
Prerequisites: Good knowledge of topic and experience in the field. Advanced level programs are often appropriate for seasoned professionals within organizations; however, they may also be beneficial for other professionals with specialized knowledge in a subject area.
Advanced Preparation: None
Delivery Method: QAS Self-Study
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Item
Number: 23PM0713WKS
Shipping Weight: 0lbs. 0oz. |
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$99.00 |
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Recording Date: July 13, 2023
Presenter: Sri Ramamoorti
Program Description:
A smart contract is an agreement in digital form that is self-executing and self-enforcing. These digital agreements that sit atop a blockchain system (decentralized digital ledger) automatically fulfill themselves when certain terms and conditions are met. While highly efficient for routine and simple transactions, it is possible that murkier ethical issues could be hidden in “algorithmic bias”. Ethical issues involve nuanced and complex interpretations of meaning about ethical obligations, and insentient technologies are simply not capable of such analysis that must be done by human beings. Yes, smart contracts are quite smart, but unfortunately, they may not be ethical.
After completing this course, you will be able to:
- Recognize and understand the myriad ethical issues that may arise in the context of emerging technologies
- Recognize the fact that machine intelligence and emerging technologies, by definition, are insentient, not subject to rewards or punishment, and hence cannot be meaningfully held responsible or accountable
- Identify the fundamental limitation of current professional codes of ethics which only consider professionals who are human beings and do not take account of human-machine interactions, as well as autonomous systems, that can also produce complex ethical scenarios for which no standards or guidance exists presently
- Identify and evaluate the dictum that "Ought implies can, but can does not imply ought"--the key bridge idea that links science and technology with ethics and social science (Winston & Edelbach, 2014)
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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