Ethical Challenges in Artificial Intelligence Technology: Business Applications

The emerging of Artificial Intelligence technologies in all life domain, including business operations has brought about unprecedented advancements which open different level of possibilities, yet, it has also raised complex ethical concerns that require careful consideration. This abstract explores the ethical implications of AI applications in business and addresses its key issues that corporates and establishments must solve to ensure responsible and ethical use of this unprecedented technologies. Ethical concerns in AI applications include a range of issues, such as privacy concerns, transparency in decision making, algorithmic bias accountability, and the probable social impact of AI-driven automation, among other issues. Establishments deploying AI systems must engage with questions of fairness, accountability, and transparency to mitigate the risks of undesired consequences and ethical violations. Addressing the AI Ethical issues involved understanding the concept of Ethics, understanding the concept of Ethics in the Technological context, and analysing the extent of the Ethical gaps in today’s Business technological applications which are integrated with AI, through reviewing topic related literature. Through a robust diagnosis of the issue in hand, proactively addressing the ethical challenges inherent in AI applications become possible, and emphasising on the value of compliance to the ethical standards in industries will lead to building trust with stakeholders and contribute to the responsible and sustainable advancement of safe and responsible AI technologies in the business that will preserve all the advantages of the technology minus the harmful impacts.