Consumer preferences for artificial intelligence-enhanced products: Differences across consumer segments, product types, and countries

Björn Frank

Technological Forecasting and Social Change, 2024, vol. 209, issue C

Abstract: Products with artificial intelligence (AI) functions perform thinking, decision-making, and social tasks, similar to human assistants. Drawing on this similarity to complement established theories of technology acceptance, this research develops hypotheses about consumers' preferences to buy or avoid AI products and the variation of these preferences across consumers and AI product types, which is particularly novel in the literature. Three studies from China, Japan, and the U.S. find that AI-specific privacy gain (especially for unhealthy consumers and AI product owners) and social connection (especially for lonely and extraverted consumers) have positive effects on intentions to purchase AI products. Moreover, AI-specific privacy concerns (especially for consumers with a high need for cognition and for products designed to resemble a living organism) and AI-specific violence concerns (especially for less open and less lonely consumers and for products designed as objects) negatively influence intentions to purchase AI products. Comparing the results across countries, AI privacy gain has the strongest motivational effect in the U.S., an individualistic country, and AI privacy/violence concerns have the strongest deterrent effect in Japan, a risk-averse country. Furthermore, AI social connection has the weakest effect in China, a collectivist country that may offer more conventional, non-AI social connection opportunities.

Keywords: Artificial intelligence; Consumer choice; Technology acceptance; Universal theory of acceptance and use of technology (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:209:y:2024:i:c:s0040162524005729

DOI: 10.1016/j.techfore.2024.123774

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