Former Bank of England economist and investment bank analyst
Jun 23, 2025
Compendium
“A COMPUTER CAN NEVER BE HELD ACCOUNTABLE … THEREFORE A COMPUTER MUST NEVER MAKE A MANAGEMENT DECISION”.
This slogan, hard to definitively track down but widely attributed to an IBM training manual from the late 1970s, seems to effectively summarise a lot of people’s anxieties about artificial intelligence in general management. But is it really true?
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