DaLa is honored to attend the AI & ESG Summit 2024. Our founding chairman had the opportunity to explore this topic with several distinguished leaders, including Prof. Andy Chun from #PolyU, Allan Song from #SCB, and Tim Leung from #Vistra. We discussed how AI and generative AI (GenAI) can contribute to ESG development.
A key focus of our discussions was the crucial role of data and digital transformation as the foundation for leveraging AI in ESG. We explored topics such as:
- Using AI to prepare ESG reports
- Building ESG indices
- Analyzing unstructured data
- Empowering clients and SMEs to utilize AI and data for their #sustainability initiatives
One intriguing paradox that emerged was the energy-intensive nature of training large language models (#LLMs), which require significant GPU and computing resources, thereby contributing to environmental pollution. However, the counterpoint is that the proper application of these LLMs can actually help many companies save energy and protect the environment.
Technology is a double-edged sword, and it is up to us, as human beings, to make the best use of it. We also emphasized the critical importance of #DataGovernance and #cybersecurity in the AI era to ensure that we can harness the full benefits of AI to augment our capabilities.