AI has the potential to revolutionize industries like healthcare and marketing but poses ethical challenges, including bias, data privacy, and transparency.
Bias in AI can lead to unfair treatment in critical areas, such as hiring and loan approvals, impacting real lives and decision-making processes.
As AI becomes more integrated into society, concerns around transparency and the inability to understand decision-making processes must be prioritized to build public trust.
Executives must proactively address ethical challenges in AI development to prevent public mistrust and ensure responsible deployment that respects individual rights.
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