Debating Responsible Innovation in Finance
November 10, 2011
This is a follow-up on the initiative recently advertised here: the Observatory for Responsible Innovation is organizing a conference titled “Debating Responsible Innovation in Finance” to be held at Mines ParisTech (the Ecole des Mines de Paris), 30 November 2011. A short announcement is available at the Observatory’s blog. The full program and the registration form (limited seats!) are available here.
From the program:
“The story of the 2008 financial crisis is a story not only of hubris, greed, and regulatory failure, but one of these deeply troubling problems of social silence and technical silos. If we do not use the crisis as an occasion to seriously tackle these problems, then it is a crisis we may well be doomed to revisit, albeit in an innovative new form.” (Gillian Tett, in Fool’s Gold, 2009)
The lack of debate and publicly expressed concern, combined to the machinery of complex methods understood only by a handful of experts, was certainly at the center of the recent financial catastrophe ‑ and can be also at the center of the next one. Mines ParisTech (the Ecole des Mines de Paris) is hosting a collective discussion on this problem with the participation of investment banking professionals, regulators, members of the political arena, researchers from a variety of backgrounds, and media professionals. The initiative is part of the Observatory for Responsible Innovation, a project based at Mines ParisTech which aims at thinking and debating new measures, concepts and methods to foster responsibility in innovation. The conference program has been elaborated by a group of associate members of the Observatory for Responsible Innovation, in collaboration with actors from the industry. Attendance requires reservation and confirmation.