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Read highlights from CEDA’s PIT Forum 2020 with CEDA CEO Melinda Cilento and SocietyInside and co-director of the WEF TIGTech program, Hilary Sutcliffe, who opened the Forum asking, “what would change if the governance of technology were to consciously consider the earning of trust?”
“How we develop, apply and adopt emerging technologies and how we make use of data will fundamentally shape Australia’s future economic and social development. CEDA’s mission is to positively shape that future. The aim of our public interest technology agenda is to promote the development, take-up and use of technology and data in a way that enables a dynamic economy and maximises individual and community choice, opportunity and wellbeing.” CEDA CEO, Melinda Cilento setting the scene for the inaugural CEDA Public Interest Technology forum.
Hilary Sutcliffe, SocietyInside and co-director of the WEF TIGTech program framed the session with an opening question, “what would change if the governance of technology were to consciously consider the earning of trust?”
Hilary began by outlining critical aspects of trust, why it is important and how it is shaped. Hilary’s key observations included that:
Hilary concluded that ultimately, “trust is about meeting expectations…and the best way to earn trust is to be trustworthy and provide evidence that you are.”
Understanding expectations is therefore critical to trust and Hilary noted that “people are more likely to trust decisions that involved citizens” as opposed to those that are made behind closed doors.
The importance of regulators and those charged with governance of tech using their voices to champion public interest (good intent with empathy), in plain language and in the spotlight was an important theme. Hilary noted that regulators need to “be more human, more visible, and help us to help ourselves” and endorsed the conclusion of PA Consulting in their Rethinking Regulators report, that “regulators should move from being watchdogs of industry to champions of the public”.
Hilary explained that the best way to earn trust in tech is to first avoid doing the things that people inherently distrust, and then expressly consider in tech decision making the seven key trust drivers identified in the TIGTech report, namely:
The TIGtech report also identified three key competencies for tech governance in the future: communicate, listen, co-create. Co-creation in turn will require building trusted collaborative governance processes and capabilities.
In concluding Hilary drew on the lesson of the most trusted regulator in the UK, the Food Standards Board and their experience in rebuilding trust following Mad Cow disease and other high profile scandals. Openness has been critical to that, with all Board meetings now held publicly allowing the public to ask questions which need to be responded to within 48 hours if they cannot be addressed during the meeting.
Her final comment, “trust is bestowed and earned”.
Read highlights from CEDA’s PIT Forum 2020 with KPMG, Strategy, Growth and Digital, Associate Director, Rossana Bianchi, G4S Australia and New Zealand, Managing Director, Joe Sofra, and Governance Institute of Australia, General Manager, Policy and Advocacy, Catherine Maxwell, who unpacked the implications of recent tech trends, the experience of rapid digitisation through COVID-19 and what this has meant for how we think of and manage risk.
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