Share

Church questions ethics of investment in AI

The Church of England has launched a study into an existential question: do its investments in big-tech giants contradict the Christian faith?

The Church's Ethical Investment Advisory Group (EIAG) will determine whether some of the new technologies undermine "the very idea of God", a spokesperson for the Church told AFP on Monday.

The year-long review was first reported by The Daily Telegraph newspaper.

EIAG was set up in the early 1990s to help make sure that more than $15.5bn in assets held by the Church's various institutions are put to ethical use.

"Artificial intelligence (AI) is an important element of this review," the spokesperson said.

The EIAG is in talks with technology experts as well as politicians and theologians "to try to make sense of the issues", the spokesperson said.

It wants to reach a conclusion "that is not only grounded in theology and distinctly Anglican but is also practical", he added.

EIAG did not specify how much money the Church has invested in the likes of Google's parent company Alphabet and Amazon.

The Church's 2018 annual report also reported investments in drugs development companies AstraZeneca and GlaxoSmithKline.

"Some argue that tech has brought enormous benefits to society but others note a growing realisation of the limitations and downsides of technology," the spokesperson said.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.20
-0.2%
Rand - Pound
23.83
-0.0%
Rand - Euro
20.42
-0.1%
Rand - Aus dollar
12.30
+0.0%
Rand - Yen
0.12
-0.4%
Platinum
948.30
-0.2%
Palladium
1,022.50
-0.7%
Gold
2,382.34
+0.1%
Silver
28.34
+0.4%
Brent Crude
87.11
-0.2%
Top 40
67,190
0.0%
All Share
73,271
0.0%
Resource 10
63,297
0.0%
Industrial 25
98,419
0.0%
Financial 15
15,480
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders