Technological, economic, social, ethical and legal factors key to the development of novel AI-based technologies

Abstract

In light of the declarations of key AI economies and experts (USA, China) to accelerate AI adoption, including in the area of socalled home AI, this article discusses the factors contributing to the broader application of artificial intelligence (AI) in improving existing and developing entirely new market technologies. This applies particularly to automating routine tasks to increase efficiency, reduce human error, and improve access to products and services, especially personalized ones. Ethical issues are addressed, particularly those related to algorithmic bias, transparency of decision-making, and accountability for these decisions. The article concludes by highlighting the multifactorial reasons for the potential success of implementing new AI solutions, including consideration of sustainability and interdisciplinary collaboration and regulatory frameworks to ensure responsible and effective integration of AI with existing solutions.

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