Challenges in utilizing Artificial Intelligence in Business Entities

Challenges in utilizing Artificial Intelligence in Business Entities

Proposed Research Problem

Discrimination of potential employees by AI during the hiring process

Artificial intelligence increasingly factors in different facets of life. The perception, synthesis, and inference of information through the use of machines has traversed different tasks that human beings have traditionally performed. AI is established to enhance the capabilities of machines or robots to reason, learn and generalize. However, the usage of AI has brought about negative outcomes in many instances. Examining the adversities that result from using artificial intelligence, especially when it comes to recruiting and hiring employees, is vital.

1). People involved: Prospective workers. Employers apply AI in the process of searching for potential employees.

2). Link to article: https://www.nytimes.com/2021/03/15/technology/artificial-intelligence-google-bias.html

3). My research question: What are the implications of utilizing artificial intelligence in assessing and hiring employees?

There has been widespread usage of AI in the workplace for various purposes. While there has been a substantial success in some areas, there certainly have been undesirable outcomes. It is essential to examine the usage of AI in assessing the resumes of potential workers and ultimately hiring to gauge the technology's efficacy in serving such critical roles in organizations.

Proposed Research Problem

High cost of developing and using AI in businesses

The growth in AI has been immense, as the achievements have been groundbreaking. It is clear that there are roles that machines/robots have managed to serve effectively, such as medical diagnostics. It is also clear that other roles require more development to ascertain that AI can satisfactorily accomplish certain tasks. These achievements have come at quite a high cost. It is worth looking into how far people can go in their efforts to use AI in different roles.

1). People involved: Business owners and shareholders.

2). Link to article: https://thinkml.ai/is-ai-cost-effective/

3). My research question: What is the feasibility of investing in research, development, and integration of artificial intelligence across organizations?

There is more focus on using AI in serving various roles. Businesses or organizations have continually invested in this intelligence. Given the growth rate and the overall interest in AI, a key concern revolves around whether the high costs associated with applying intelligence make sense for entities, especially considering the role of human employees.