Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns

The digital future of the world economy in the post-Covid-19 era will be shaped by an accelerated deployment of digital technologies in the private and public sectors with more active involvement of regulators and legislators. In recent years, ethical concerns have become more prominent and may limi...

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Autor principal:  Volker Nienhaus
Formato: article
Lenguaje:AR
EN
Publicado: Bait Al-Mashura Consultations 2021
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Acceso en línea:https://doaj.org/article/625cad234c79433bb67b7ffeff0c16e5
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spelling oai:doaj.org-article:625cad234c79433bb67b7ffeff0c16e52021-11-21T06:33:13ZDigital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns10.33001/M0110202115912410-68362409-0867https://doaj.org/article/625cad234c79433bb67b7ffeff0c16e52021-10-01T00:00:00Zhttps://www.mashurajournal.com/archives/researches/details/102https://doaj.org/toc/2410-6836https://doaj.org/toc/2409-0867The digital future of the world economy in the post-Covid-19 era will be shaped by an accelerated deployment of digital technologies in the private and public sectors with more active involvement of regulators and legislators. In recent years, ethical concerns have become more prominent and may limit machine learning models’ deployment in consumer-facing businesses, including financial services. A widely shared Islamic perspective is still to emerge. The paper draws attention to ethical issues embedded in data and autonomous decision models. This debate in the West could be enriched by more contributions from an Islamic perspective. Volker NienhausBait Al-Mashura Consultationsarticlepersonal data monetisationbig data ethicsgeodemographic profilingethical aiBankingHG1501-3550Islamic lawKBP1-4860ARENمجلة بيت المشورة, Vol 16, Iss 16, Pp 245-277 (2021)
institution DOAJ
collection DOAJ
language AR
EN
topic personal data monetisation
big data ethics
geodemographic profiling
ethical ai
Banking
HG1501-3550
Islamic law
KBP1-4860
spellingShingle personal data monetisation
big data ethics
geodemographic profiling
ethical ai
Banking
HG1501-3550
Islamic law
KBP1-4860
 Volker Nienhaus
Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
description The digital future of the world economy in the post-Covid-19 era will be shaped by an accelerated deployment of digital technologies in the private and public sectors with more active involvement of regulators and legislators. In recent years, ethical concerns have become more prominent and may limit machine learning models’ deployment in consumer-facing businesses, including financial services. A widely shared Islamic perspective is still to emerge. The paper draws attention to ethical issues embedded in data and autonomous decision models. This debate in the West could be enriched by more contributions from an Islamic perspective.
format article
author  Volker Nienhaus
author_facet  Volker Nienhaus
author_sort  Volker Nienhaus
title Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
title_short Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
title_full Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
title_fullStr Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
title_full_unstemmed Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns
title_sort digital transformation of the world economy by ai: some moral, ethical and sharīʿah concerns
publisher Bait Al-Mashura Consultations
publishDate 2021
url https://doaj.org/article/625cad234c79433bb67b7ffeff0c16e5
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