Harmonizing Financial Returns With Ethical Standards

Abstract

In today's rapidly changing technology landscape, incorporating artificial intelligence (AI) into multiple enterprises offers significant financial benefits. However, these opportunities come with ethical concerns about the proper development and deployment of AI systems. This chapter provides a technique for investors to balance financial returns and ethical standards by investing in responsible AI efforts. By prioritizing concepts such as transparency, justice, accountability, and societal effect, investors can not only reduce the risks associated with unethical AI activities, but also help to create socially responsible technology. Through a combination of qualitative analysis and case studies, this chapter investigates the potential benefits and obstacles of investing in responsible AI, providing insights for investors looking to navigate this developing sector while following ethical principles.