EconPapers    
Economics at your fingertips  
 

AI in education risk assessment mechanism analysis

Zhuo Luo and Xuedong Zhang

Applied Economics, 2025, vol. 57, issue 16, 1949-1961

Abstract: Artificial intelligence (AI) has had a significant impact on several sectors and fields. Failure Modes and Effects Analysis (FMEA) is a powerful risk management and prevention tool that can help companies identify and address any weaknesses in their practices. The Risk Priority Number (RPN) approach has been criticized for its flaws since it calculates the product of severity, occurrence, and detection ratings of threats. By considering a variety of criteria and aspects, and by thoughtfully and carefully combining expert perspectives, the proposed FMEA model may more accurately evaluate the risks associated with AI in Education. Picture Fuzzy Sets (PFSs) and Grey Relational Analysis-TOPSIS (GRA-TOPSIS) are combined to achieve this. The goal of this research is to use an updated FMEA model to assess and rank the risk hierarchy of the seven identified hazards. According to the data, algorithmic risk is the most significant issue that requires urgent attention. Relevant constraints and suggestions are also provided to encourage research on the dangers of AI in Education. Suggestions include creating a national or international regulatory authority to control the use of artificial intelligence in education, promoting the use of the FMEA technique as a common framework for assessing the risks connected to AI in Education.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2024.2321835 (text/html)
Access to full text is restricted to subscribers.

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:taf:applec:v:57:y:2025:i:16:p:1949-1961

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036846.2024.2321835

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-05-02
Handle: RePEc:taf:applec:v:57:y:2025:i:16:p:1949-1961