(1) What are the dangers of having so much AI talentconcentrated in so few companies? (2) Shouldcompanies use AI systems if they can’t entirelyexplain how the systems make decisions?
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(1) What are the dangers of having so much
concentrated in so few companies? (2) Should
companies use AI systems if they can’t entirely
explain how the systems make decisions?
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Solved in 2 steps
- The job CEO means big decisions that impact the entire organization-like deciding to change the culture. How do you thinkyou prepare for that job?Subprime mortgages are high-risk, high-cost loans, which banks use to cater to borrower who would not qualify for credit otherwise. Managers at some banks and mortgage companies have argued that providing subprime mortgages was based on their desire to give poor people a chance to participate in the American dream of home ownership. Considering ethical approaches to decision-making, what is your opinion of this explanation in terms of ethics and social responsibility?Is it possible to make sound managerial decisions without business research? What advantages does research offer to the decision maker over seat-of-the-pants decision making?
- Managers at some banks and mortgage companies have argued that providing subprime mortgages was based on their desire to give poor people a chance to participate in the American dream of home ownership. Considering ethical approaches to decision-making, what is your opinion of this explanation in terms of ethics and social responsibility?Hi, can you find pro and cons on this statement? And please explain in detail. Companies in cultures which have an emphasis on power and hierarchy are more likely to centralize decision makingwhich theory says that Managers should make decisions that pay attention to the interests of customers, employees and comminuty? a. Shareholder theory b. Stakeholder theory c. Sociology theory d. Economic theory
- Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?Please agree/disagree and add more information regarding the below comment (from a management perspective) "AI and machine learning have helped us come an extremely long way, especially in the business world. Because of AI, there has been huge improvement in areas such as the speed of business, customer service, reduction of error, and many other things that have improved the business setting. Today, AI has become so important that many businesses would fail without it. However, something that concerns me in regards to AI is the power that it has. In many instances, AI is a cheap form of labor. In the long run, paying a one time price for machines that will cut and create a business' clothing is much cheaper than paying laborers by the hour to do the same exact tasks. As a result, consumers would pay less for these goods, as the costs of production would be much lower. Besides laborers, AI also puts other workers in a position to be taken over within due time. Even now, we see customer…Discuss the importance and application of Gender-Related Development andGender Empowerment Measures in today’s business environment (1000 words)For this assignment, you are required to:• Write a 1000-word report about the importance of Gender-RelatedDevelopment and Gender Empowerment Measure (500 words each) on theglobal economy.• You can compare the economy of countries with low and high measuresand its implication on future growth.• The intention is to show that you understand how these measurementindexes can be used to determine the rate of economic development.• Make sure to include a reference page clearly identifying the sources usedin your report.
- Please agree/disagree and add more information regarding the below comment (in a management perspective) "Artificial intelligence and machine learning are going to play a large role in the world in the near future. The most notable benefit of AI and machine learning is the increase in productivity for many companies. The implementation of AI can greatly increase the productivity of many companies largely because it greatly reduces the amount of human error that can occur. This increase in productivity also entails more sales which is the main measurement of success for many companies. Many startups are using AI to revolutionize the way that we shop and eat at restaurants on a daily basis. The largest consequence of Artificial Intelligence is widespread unemployment for individuals with routine-based jobs. As more companies turn towards AI to automate tasks, less-skilled workers are going to be left with fewer job opportunities and security. Although it is easy to think of AI and…Analyze three decisions you made over the past six months. Which of these wereprogrammed and which were nonprogrammed? Which model—the classical,administrative, or political—best describes the approach you took to making eachdecision?Do you agree with Singh’s statement that in the future, companies will have to apply for skilled people to work for them rather than candidates applying to work at an organization? Why or why not?