INTERVIEW - "In Silicon Valley, they feel far superior to the rest of the world and are not receptive to criticism"
The renowned business ethicist Guido Palazzo researches toxic corporate cultures – and draws parallels between the AI hype and the scandals at Credit Suisse and Volkswagen.
Guido Palazzo, a renowned business ethics expert, has written a book titled "The Dark Pattern: The Hidden Dynamics of Corporate Scandals" in which he argues that large corporate scandals are often the result of toxic organizational structures rather than individual wrongdoing. He draws parallels between scandals such as those at Credit Suisse and Volkswagen, and the current hype around artificial intelligence.
Palazzo identifies a "rigid ideology" as a key factor, citing the techno-utopianism prevalent in Silicon Valley as a dangerous ideology that leads companies to disregard rules and regulations. He warns that this could lead to similar scandals in the AI sector, comparable to those seen in the dot-com bubble of the late 1990s.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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