The article emphasizes the importance of ethical technology amidst the rise of automation, artificial intelligence, and big data. It highlights that responsible tech investments lead to improved brand reputation, customer retention, and mitigation of risks. MIT Technology Review Insights found that top business benefits of adopting ethical technology include better customer acquisition, enhanced brand perception, and risk prevention. Furthermore, automation's impact on jobs raises the need for companies to be socially responsible by focusing not only on cost-cutting but also on creating better employment opportunities and supporting societal well-being.
Technological advancements like automation, artificial intelligence and big data play a vital role in today’s environment, where ethical implications are crucial for business considerations.
Businesses must recognize and address the wider societal impacts of their technological developments to ensure long-term success and sustainability in their brand.
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