Ethics of AI Decision Making in Buisness

Business decision-making is being revolutionised by artificial intelligence (AI), which offers previously unheard-of levels of accuracy, scalability, and efficiency. However, serious ethical questions about accountability, transparency, and fairness are brought up by its growing autonomy. The ethical issues surrounding algorithmic bias, data privacy, and the possible replacement of human judgement in business decision-making are the main topics of this paper. We evaluate the risks and obligations of integrating AI by using a multidisciplinary approach to examine ethical frameworks and real-world case studies. Our results demonstrate the need for ethical AI governance, regulatory frameworks, and human oversight in order to reduce unforeseen consequences. Businesses can balance innovation and ethical integrity, building trust and long-term sustainability, by making sure AI adoption is done responsibly

Publication Details

Journal
Trends in Finance and Economics
Published
2025-04-04
DOI
https://doi.org/10.46632/tfe/3/1/5
Primary Topic
Ethics and Social Impacts of AI
Type
article
Field-Weighted Citation Impact
0.00
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article

Ethics of AI Decision Making in Buisness

Trends in Finance and Economics
Ethics and Social Impacts of AI
article

Ethics of AI Decision Making in Buisness

article en

Abstract

Business decision-making is being revolutionised by artificial intelligence (AI), which offers previously unheard-of levels of accuracy, scalability, and efficiency. However, serious ethical questions about accountability, transparency, and fairness are brought up by its growing autonomy. The ethical issues surrounding algorithmic bias, data privacy, and the possible replacement of human judgement in business decision-making are the main topics of this paper. We evaluate the risks and obligations of integrating AI by using a multidisciplinary approach to examine ethical frameworks and real-world case studies. Our results demonstrate the need for ethical AI governance, regulatory frameworks, and human oversight in order to reduce unforeseen consequences. Businesses can balance innovation and ethical integrity, building trust and long-term sustainability, by making sure AI adoption is done responsibly

Trends in Finance and EconomicsVol. 3(1)
Openalex Percentile: Top 93%
Ethics and Social Impacts of AI
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