By the end of 2022, a revolutionary technical marvel seemed unleashed on society. However, the story of artificial intelligence (AI) dates back to 1952, when computer scientist Arthur Samuel created software to play checkers. Today, AI is reshaping industries across the globe, including businesses' approach to sustainability.
Component Sense Blog
Leadership studies pioneer Warran Bennis once said, “Leadership is the capacity to translate a vision into a reality.” From humble beginnings as a one-man band in his spare room in 2001, it is fair to say that Component Sense CEO, Kenny McGee, has had to articulate his original vision well for the company to get where it is today.
At Component Sense, we know a lot about the grey market. We are technically part of it, after all. Many electronic component buyers do not understand the different shades of the grey market. It is certainly not black and white.
A study by MIT Sloan and BCG found that although 90% of executives find sustainability important, only 60% of companies incorporate it into their business strategy. This stark statistic highlights how difficult it is to motivate business leaders to make changes for the benefit of the environment.
When assessing how the electronics industry impacts the natural world, many use the terms ‘double-edged sword’ or ‘necessary evil’. Staking a claim as one of the global economy’s largest industrial sectors, what we produce in our electronics industry can cause damage but also do a lot of good. This blog will look at both sides of the coin and the importance of corporate social responsibility.