Wednesday, 15 March 2023

Unlocking the Potential of AI in Business: Challenges and Ethical Considerations | Chapter 14 | Recent Progress in Science and Technology Vol. 6

 Recent happenings in AI technology have curve it into a tool that can completely revolutionise trades. This research study aimed to study the application of AI related to manufacturing and the difficulties and moral issues associated with its inclusion. After collecting dossier from a representative sample of business experts, the research used approximate and quantitative approaches to analyse the gathered news. According to the findings, machine intelligence can assist businesses in automating repetitious tasks, increasing their effectiveness, improving decision-making, and providing visions previously concept impossible. However, the research too uncovered many barriers, such as a dearth of understanding and specialised knowledge, extreme costs of implementation, and concerns concerning privacy and protection. According to the study findings, businesses must examine ethical issues before achieving AI. These issues include responsibility and transparency, the prevention of bias, and guaranteeing that AI joins with human principles. If businesses analyze all of these factors, they will be competent to open the full potential of AI and use it to drive novelty, growth, and overall achievement.

Author(s) Details:

Giriraj Kiradoo,
Department of Management and Technology, Engineering College Bikaner, Bikaner, Rajasthan, India.

Please see the link here: https://stm.bookpi.org/RPST-V6/article/view/9900

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