Artificial Intelligence and Robotics Commons^™

An Enterprise Risk Management Framework To Design Pro-Ethical Ai Solutions, Quintin P. Mcgrath

USF Tampa Graduate Theses and Dissertations

The effective use of Artificial Intelligence (AI) has immediate business benefits for an organization and its stakeholders through efficiency and quality gains, and the potential to explore and implement new business models. However, there are risks of unintended ethical consequences. Enterprise Risk Management (ERM) focuses on managing risk while maximizing business value from exploiting opportunities. Using applied ethics as a basis and the perspective that ethics includes both enabling human flourishing and not violating accepted norms, I argue that greater business value is achieved when an organization simultaneously targets the maximization of benefits and the minimization of harms for the …