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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Main Author:	Volker Nienhaus
Format:	article
Language:	AR EN
Published:	Bait Al-Mashura Consultations 2021
Subjects:	personal data monetisation big data ethics geodemographic profiling ethical ai Banking HG1501-3550 Islamic law KBP1-4860
Online Access:	https://doaj.org/article/625cad234c79433bb67b7ffeff0c16e5
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id	oai: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
work_keys_str_mv	AT volkernienhaus digitaltransformationoftheworldeconomybyaisomemoralethicalandshariʿahconcerns
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Digital Transformation of the World Economy by AI: Some Moral, Ethical and Sharīʿah Concerns

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