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Digital Transformation and Artificial Intelligence: Opportunities and Challenges

In: DIGITAL STRATEGIES AND ORGANIZATIONAL TRANSFORMATION

Author

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  • Frederic Lemieux

Abstract

The adoption of artificial intelligence (AI) is booming and was accelerated during the pandemic of 2020, directly impacting the pace of digital transformation across industry verticals. It is now critical to explore current and emerging challenges as well as opportunities offered by AI solutions to better understand how organizations and society could be affected. First, this chapter examines the evolution of computerization and its influence on AI. Second, we scrutinize how AI performance has been harnessed through digital solutions that are transforming for the better and the worse numerous industries. Third, we address fundamental ethical and moral challenges that derive from the application of AI in real life and its implications for human beings. Finally, we discuss the challenges of securing and protecting AI solutions against cyberattacks. The chapter concludes on the future of AI as it relates to technology convergence with cloud computing, Internet of Things, and eventually quantum computing.

Suggested Citation

  • Frederic Lemieux, 2023. "Digital Transformation and Artificial Intelligence: Opportunities and Challenges," World Scientific Book Chapters, in: G Reza Djavanshir (ed.), DIGITAL STRATEGIES AND ORGANIZATIONAL TRANSFORMATION, chapter 6, pages 103-117, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811271984_0006
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    More about this item

    Keywords

    Digital Technology; Digital Strategy; Information Systems; Information Technology; Organizational Changes; Internet of Things (IoT); Cloud Computing; Institutions; Innovation; Artificial Intelligence; Big Data; Data Analytics; Deep Learning; Machine Learning; Cybersecurity; Manufacturing and Production; Enterprise Architecture;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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