From HAL to GenAI: Optimizing chatbot impacts with CARE
Feng, Cai (Mitsu),
Elsamari Botha and
Leyland Pitt
Business Horizons, 2024, vol. 67, issue 5, 537-548
Abstract:
This article explores the evolution and prospects of conversational chatbots, specifically the latest generation referred to as generative artificial intelligence (GenAI) chatbots. This article comprehensively examines GenAI chatbots’ business applications and impact across macro, meso, and micro levels of organizations. At the macro level, this article explores how GenAI chatbots reshape industry dynamics. The meso perspective delves into organizational changes, while the micro lens focuses on enhancing individual productivity, learning, and creativity. GenAI chatbots’ immense potential is accompanied by risks in four areas: matching, ethics, technology, and adaptability (META). In response to these challenges, the article introduces a human-centric CARE framework—standing for collaboration, accountability, responsiveness, and empowerment—to mitigate the risks and to optimize the effects of GenAI chatbots. This work provides practical guidelines for navigating the complex landscape of GenAI implementation.
Keywords: Generative AI; Chatbots; AI adoption; AI risks; AI ethics; Large language models (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0007681324000570
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:67:y:2024:i:5:p:537-548
DOI: 10.1016/j.bushor.2024.04.012
Access Statistics for this article
Business Horizons is currently edited by C. M. Dalton
More articles in Business Horizons from Elsevier
Bibliographic data for series maintained by Catherine Liu ().