EconPapers    
Economics at your fingertips  
 

A study on ethical implications of artificial intelligence adoption in business: challenges and best practices

Moinak Maiti (), Parthajit Kayal () and Aleksandra Vujko ()
Additional contact information
Moinak Maiti: University of the Witwatersrand
Parthajit Kayal: Behind Government Data Centre
Aleksandra Vujko: Singidunum University

Future Business Journal, 2025, vol. 11, issue 1, 1-12

Abstract: Abstract Widespread adaptation and implementation of artificial intelligence (AI) across the businesses make ethical implications increasingly important. This study explores the ethical challenges and best practices surrounding the adoption of AI in various business contexts. The study finds that following ethical concerns are the hinderance in the adaptation of AI in business (Privacy and data protection, bias and fairness, transparency and explainability, job displacement and workforce changes, algorithmic influence, and manipulation, accountability, and liability, and ethical decision making). It also shows that these challenges vary across gender, age group, country, profession area, and age of the organizations. Lastly, the study provides insights on how businesses can navigate these challenges while upholding ethical standards. The study finding is highly useful for the business leaders, policymakers, and researchers in ensuring responsible and ethical AI deployment in the business ecosystem.

Keywords: Artificial intelligence; Business ethics; Algorithmic bias; Privacy; Transparency; Accountability (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1186/s43093-025-00462-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:futbus:v:11:y:2025:i:1:d:10.1186_s43093-025-00462-5

Ordering information: This journal article can be ordered from
https://fbj.springeropen.com/

DOI: 10.1186/s43093-025-00462-5

Access Statistics for this article

Future Business Journal is currently edited by Soad Kamel Rizk and Hayam Wahba

More articles in Future Business Journal from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-05-18
Handle: RePEc:spr:futbus:v:11:y:2025:i:1:d:10.1186_s43093-025-00462-5