IDEAS home Printed from https://ideas.repec.org/a/pal/palcom/v11y2024i1d10.1057_s41599-024-02926-5.html
   My bibliography  Save this article

Exploring excitement counterbalanced by concerns towards AI technology using a descriptive-prescriptive data processing method

Author

Listed:
  • Simona-Vasilica Oprea

    (Bucharest University of Economic Studies)

  • Adela Bâra

    (Bucharest University of Economic Studies)

Abstract

Given the current pace of technological advancement and its pervasive impact on society, understanding public sentiment is essential. The usage of AI in social media, facial recognition, and driverless cars has been scrutinized using the data collected by a complex survey. To extract insights from data, a descriptive-prescriptive hybrid data processing method is proposed. It includes graphical visualization, cross-tabulation to identify patterns and correlations, clustering using K-means, principal component analysis (PCA) enabling 3D cluster representation, analysis of variance (ANOVA) of clusters, and forecasting potential leveraged by Random Forest to predict clusters. Three well-separated clusters with a silhouette score of 0.828 provide the profile of the respondents. The affiliation of a respondent to a particular cluster is assessed by an F1 score of 0.99 for the test set and 0.98 for the out-of-sample set. With over 5000 respondents answering over 120 questions, the dataset reveals interesting opinions and concerns regarding AI technologies that have to be handled to facilitate AI acceptance and adoption. Its findings have the potential to shape meaningful dialog and policy, ensuring that the evolution of technology aligns with the values and needs of the people.

Suggested Citation

  • Simona-Vasilica Oprea & Adela Bâra, 2024. "Exploring excitement counterbalanced by concerns towards AI technology using a descriptive-prescriptive data processing method," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-24, December.
  • Handle: RePEc:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-024-02926-5
    DOI: 10.1057/s41599-024-02926-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41599-024-02926-5
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1057/s41599-024-02926-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jiang, Zhangsheng & Xu, Chenghao, 2023. "Policy incentives, government subsidies, and technological innovation in new energy vehicle enterprises: Evidence from China," Energy Policy, Elsevier, vol. 177(C).
    2. Jing Wang & Zeyu Xing & Rui Zhang, 2023. "AI technology application and employee responsibility," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-17, December.
    3. Mahfuzur Rahman & Teoh Hui Ming & Tarannum Azim Baigh & Moniruzzaman Sarker, 2021. "Adoption of artificial intelligence in banking services: an empirical analysis," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 18(10), pages 4270-4300, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asjad Ali & Abdullah Aftab & Muhammad Nadeem Akram & Shoaib Awan & Hafiz Abdul Muqeet & Zeeshan Ahmad Arfeen, 2024. "Residential Prosumer Energy Management System with Renewable Integration Considering Multi-Energy Storage and Demand Response," Sustainability, MDPI, vol. 16(5), pages 1-27, March.
    2. Pandey, Dharen Kumar & Hassan, M.Kabir & Kumari, Vineeta & Zaied, Younes Ben & Rai, Varun Kumar, 2024. "Mapping the landscape of FinTech in banking and finance: A bibliometric review," Research in International Business and Finance, Elsevier, vol. 67(PA).
    3. Jerry Patchell & Kellee S. Tsai & Hanyu Wang & Bon Cheung, 2024. "Competition and Coordination: Regional Dynamics in the Rise of China’s New Energy Vehicle Industry," Sustainability, MDPI, vol. 16(5), pages 1-23, February.
    4. Zhao, Yuntong & Jian, Zhaoquan & Du, Yushen, 2024. "How can China's subsidy promote the transition to electric vehicles?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PB).
    5. Lin, Boqiang & Zhang, Aoxiang, 2024. "Impact of government subsidies on total factor productivity of energy storage enterprises under dual-carbon targets," Energy Policy, Elsevier, vol. 187(C).
    6. Lin, Boqiang & Zhang, Aoxiang, 2023. "Government subsidies, market competition and the TFP of new energy enterprises," Renewable Energy, Elsevier, vol. 216(C).
    7. Muhammad Ramzan & Mohammad Razib Hossain & Kashif Raza Abbasi & Tomiwa Sunday Adebayo & Rafael Alvarado, 2024. "Unveiling time-varying asymmetries in the stock market returns through energy prices, green innovation, and market risk factors: wavelet-based evidence from China," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-36, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palcom:v:11:y:2024:i:1:d:10.1057_s41599-024-02926-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: https://www.nature.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.