AI Ethics and Governance: Balancing Innovation with Societal Impact

Prof. Shama Kumar

Abstract



This abstract delves into the intricate landscape of AI Ethics and Governance, seeking equilibrium between fostering innovation and ensuring a positive societal impact. As Artificial Intelligence (AI) burgeons across diverse applications, concerns surrounding ethical considerations and governance frameworks intensify. This paper elucidates the challenges stemming from AI deployment, including ethical dilemmas, biases, privacy infringements, and the potential for societal repercussions. It navigates the evolving landscape of AI governance, emphasizing the urgency for regulatory structures that promote innovation while safeguarding against detrimental impacts. The abstract explores strategies for ethical AI design, principles for responsible deployment, and the pivotal role of multi-stakeholder collaborations in shaping policies and guidelines. It advocates for a balanced approach where technological advancement aligns harmoniously with societal values and welfare, fostering trust, inclusivity, and a sustainable AI future

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