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Trending: Call for Papers Volume 5 | Issue 2: International Journal of Advanced Legal Research [ISSN: 2582-7340]

CORPORATE GOVERNANCE AND ARTIFICIAL INTELLIGENCE: ETHICAL IMPLICATIONS AND REGULATORY FRAMEWORKS – A COMPARATIVE STUDY OF UNITED STATES VS EUROPEAN UNION – Adv. Barkha

Introduction

The speed of artificial intelligence (AI) technology has made the latter a novel type of job but also raised different kinds of opportunities for cutting-edge groups. AI productivity, which can process massive amounts of data and make the right choices, is one of the main tools used by companies that want such products to get an edge over their competition (Agrawal et al., 2019). On the other hand, the successive incorporation of AI in the corporate infrastructure, on top of the ethical problems that arise from this, has also underscored the necessity of effective governance mechanisms to guarantee the ethical management and application of effective technologies.

This paper will focus on seeking the ethical ramifications of AI in a company setting and consequently consider the regulatory parameters concerning its incorporation into the US and EU domains. By doing a comparative analysis, a focus is provided on the main disparities and similarities between the procedures followed by the two Superpowers while foregoiprecating debates and the future directions.