AUTONOMOUS NEGOTIATIONS
“ The system essentially negotiates deals that humans are incapable of – due not to the inadequacies of their ability , but to the sheer number of deals that take place at any given time .”
How autonomous negotiations can solve the ESG and DEI dilemma It could be argued that autonomous negotiations are an example of ‘ emergent properties ’ in AI . That which was originally created simply as a time-saving tool has evolved to develop attributes that are now capable of feats extending far beyond its initial conception .
Case in point : Pactum uses a technology called ‘ explainable Artificial Intelligence ’. According to Rand , ‘ explainable ’ here means that the AI is able to trace the root cause of any decisions made . This has exciting implications for ethical conundrums , as well as clever ways to stimulate financial momentum towards sustainability efforts .
“ Consequently , racial or gender biases can be traced and entirely removed from the algorithms ,” he says . “ And , in terms of sustainability , carbon offset can actually be turned into a tradeable term within a negotiation .” procurementmag . com 65