The Impact of Artificial Intelligence on Consumer Behavior and Decision-Making

This article discusses the impact of Artificial Intelligence (AI) on customers’ behavior and decision-making. Therefore, as marketing and sales accept AI at an increasing rate, it is important to examine its effect on consumer choices. In this research paper, there is a review of previous research literature together with new findings that focus on how the AI-based tools including chatbots, recommendation systems and personalized advertisement affect customer’s behavior. The findings show that AI significantly affects consumer’s decision-making process as far as useful purposes are concerned such as usefulness, individualization, and efficiency improvement respectively. Nonetheless, concerns about privacy data and partiality in AI-driven decisions also come up during their judgment calls. Finally, this paper concludes by outlining how these results would influence marketers, policymakers or further studies.

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Published
2024-12-20
DOI
https://doi.org/10.1109/ariia63345.2024.11051931
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
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article

The Impact of Artificial Intelligence on Consumer Behavior and Decision-Making

Punit Kumar Dwivedi, Ashish Kumar Sharma, H K Prasad, C Janardhana et al.
Impact of AI and Big Data on Business and Society
article

The Impact of Artificial Intelligence on Consumer Behavior and Decision-Making

Punit Kumar Dwivedi, Ashish Kumar Sharma, H K Prasad, C Janardhana, G. Sri Nidhya
article en

Abstract

This article discusses the impact of Artificial Intelligence (AI) on customers’ behavior and decision-making. Therefore, as marketing and sales accept AI at an increasing rate, it is important to examine its effect on consumer choices. In this research paper, there is a review of previous research literature together with new findings that focus on how the AI-based tools including chatbots, recommendation systems and personalized advertisement affect customer’s behavior. The findings show that AI significantly affects consumer’s decision-making process as far as useful purposes are concerned such as usefulness, individualization, and efficiency improvement respectively. Nonetheless, concerns about privacy data and partiality in AI-driven decisions also come up during their judgment calls. Finally, this paper concludes by outlining how these results would influence marketers, policymakers or further studies.

Jain University (IN), University B.T. & Evening College (IN), Hodges University (US), Arni University (IN), Indian Academy of Sciences (IN)
Peace, Justice and strong institutions
Openalex Percentile: Top 64%
Impact of AI and Big Data on Business and Society
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The Impact of Artificial Intelligence on Consumer Behavior and Decision-Making — Punit Kumar Dwivedi, Ashish Kumar Sharma, et al. · (2024) | TGRS Research Map | TGRS