AI’s promise is not in replacing human judgement, but in elevating it—helping local governments make more informed, empathetic, and impactful choices. By anchoring AI initiatives in the principles of social value and equity, we have the opportunity to shape a future where technology serves as a true partner in creating resilient, connected, and thriving communities.
WELLBYs and SROI: complementary methods for understanding social value
Public and third sector organisations are increasingly expected to demonstrate that their work improves people’s lives while also making responsible use of public money. As a result, approaches that attempt to measure social impact in a structured way have become more prominent. Two of the most discussed are WELLBYs (Wellbeing-Adjusted Life Years) and Social Return on Investment (SROI).
