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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Bait Al-Mashura Consultations
2021
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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) |
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personal data monetisation big data ethics geodemographic profiling ethical ai Banking HG1501-3550 Islamic law KBP1-4860 |
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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 |
work_keys_str_mv |
AT volkernienhaus digitaltransformationoftheworldeconomybyaisomemoralethicalandshariʿahconcerns |
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1718419367781203968 |