An employee transports parcels from a conveyor belt to an automatic robot at a warehouse in Wuhan, Hubei province. Despite the substantial benefits that the technology promises, AI deployment without safeguards poses risks at all levels of business.
Photo: Wang He/Getty Images
Artificial intelligence has embedded itself into the business landscape. No longer the purview of Big Tech companies alone, firms across various industries are actively integrating AI into their processes, acquiring tech startups and scouting opportunities to deploy the technology in the near future. COVID-19 has only accelerated this trend as businesses have had to contend with plummeting revenue and workforce restrictions.
But as companies increasingly look toward AI to solve business challenges and increase their profitability, what risks will they face? How might they mitigate such risks? What else should business leaders take into consideration?
Balancing Public Health and Individual Liberty
Despite the substantial benefits that the…
