What is it about?

Social media, artificial intelligence (AI), blockchain technology, mobile technology, and fintech are just some of the technologies that have revolutionized the way that our society and institutions transact, interact, store data, and develop. In this chapter, we discuss the promise and perils of technology as it relates to social impact and investing, including the myths and realities of sociotechnical implementation and the balance of rights.

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Why is it important?

As we have rushed to use technology, we have also amplified the use of existing systems and platforms, many of which are free and readily available. Yet, we have not always fully assessed underlying issues of security, privacy, and data use. Ensuring data security, data privacy, management of personal information, and access are all crucial sociotechnical issues. Amid an ever-changing world, where there is still a great divide between those who have access to technology and finance, and control over its implementation, it is vital that Deliberate Leaders carefully think through the sociotechnical implications of technology

Perspectives

Deliberate leadership in sociotechnical implementation is critical. It is vital that Deliberate Leaders implement safeguards needed to ensure that technological implementation does not do more harm than good. Deliberate Leaders need to have the foresight to understand the complexities of technological implementation at the individual, organizational, and global levels.

Prof. Robert M Yawson, PhD
Quinnipiac University

Read the Original

This page is a summary of: The Surround Sound of Technology as an Accelerator of Social Good, January 2020, Springer Science + Business Media,
DOI: 10.1007/978-3-030-40712-4_5.
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