IDEAS home Printed from https://ideas.repec.org/a/rom/mancon/v18y2024i1p601-610.html
   My bibliography  Save this article

An Ethical Overview Of Ai Business Practices

Author

Listed:
  • Radu USZKAI
  • Toni GIBEA
  • Mihail-Valentin CERNEA

Abstract

As the adoption of Artificial Intelligence (AI) tools in business goes hand in hand with technological progress, there are many key ethical issues that need to be addressed. The purpose of this article is to provide an overview of some of the most important moral implications of integrating AI systems in various business practices. The first part of our paper is dedicated to exploring the ethics of AI in the banking in financial sector. In it, we highlight some of the main difficulties faced by regulatory bodies in the sector for balancing the normative financial paradigm with a normative ethical paradigm for a responsible use of AI tools. Secondly, we focus on the ways in which Human Resource Management (HRM) has been impacted by AI, highlighting some of the main ethical issues at stake (technological unemployment, deskilling, algorithmic bias and moral responsibility). Last but not least, our paper ends with a discussion around the problems that arise the intersection of business and consumers.

Suggested Citation

  • Radu USZKAI & Toni GIBEA & Mihail-Valentin CERNEA, 2024. "An Ethical Overview Of Ai Business Practices," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 18(1), pages 601-610, November.
    • Handle: RePEc:rom:mancon:v:18:y:2024:i:1:p:601-610
    DOI: 10.24818/IMC/2024/05.11
    as

    Download full text from publisher

    File URL: https://conference.management.ase.ro/archives/2024/PDF/5_11.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.24818/IMC/2024/05.11?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
    ---><---

    References listed on IDEAS

    as
    1. Daron Acemoglu & Simon Johnson, 2024. "Learning from Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution, and in the Age of AI," NBER Working Papers 32416, National Bureau of Economic Research, Inc.
    2. Charles Hines & Jerry Kreuze & Sheldon Langsam, 2011. "An analysis of Lehman Brothers bankruptcy and Repo 105 transactions," American Journal of Business, Emerald Group Publishing Limited, vol. 26(1), pages 40-49, April.
    3. Daron Acemoglu & Simon Johnson, 2024. "Learning From Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution and in the Age of Artificial Intelligence," Annual Review of Economics, Annual Reviews, vol. 16(1), pages 597-621, August.
    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. Andreas D. Landmark & Johan E. Ravn & Hans Y. Torvatn & Lisbeth Øyum, 2024. "Digital Transformations Through the Lens of the Collaborative, Co-Generative and Domesticative," Systemic Practice and Action Research, Springer, vol. 37(5), pages 537-548, October.
    2. Findeisen, Sebastian & Dauth, Wolfgang & Schlenker, Oliver, 2025. "Organized labor versus robots? Evidence from microdata," ZEW Discussion Papers 25-005, ZEW - Leibniz Centre for European Economic Research.
    3. Caleb Peppiatt, 2024. "The Future of Work: Inequality, Artificial Intelligence, and What Can Be Done About It. A Literature Review," Papers 2408.13300, arXiv.org.
    4. Piotr Łasak & Sławomir Wyciślak, 2022. "Dynamics in Complex Systems Amidst Crisis 2008+: Financial Regulatory and Supervisory Reflections," Risks, MDPI, vol. 10(2), pages 1-15, February.
    5. Findeisen, Sebastian & Dauth, Wolfgang & Schlenker, Oliver, 2024. "Organized labor versus robots? Evidence from micro data," Working Papers 25, University of Konstanz, Cluster of Excellence "The Politics of Inequality. Perceptions, Participation and Policies".

    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:rom:mancon:v:18:y:2024:i:1:p:601-610. 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: Ciocoiu Nadia Carmen (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    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.