Potential Impact of Data-Centric AI on Society

Abstract

Data-centric artificial intelligence (AI) (DCAI) has the potential to bring significant benefits to society; however, it also poses significant challenges and potential risks. It is crucial to approach the development and deployment of DCAI systems with caution, taking into account the potential societal impacts and working to mitigate any negative effects. DCAI technology is now an essential part of operations for many of the world’s largest software and hardware industries. These industries offer a range of AI and machine-learning (ML) services, tools, and platforms to society to help businesses process and analyze data. By leveraging data, these industries are able to drive innovation, optimize their operations, and gain a competitive advantage in the market. From personalized recommendations to optimized manufacturing processes, data analytics and ML algorithms are being used to improve the overall customer experience, increase efficiency, and identify new opportunities for growth. As data continue to play an increasingly important role in business operations, it is likely that more companies will adopt these technologies to stay ahead of the curve and succeed in today’s data-driven world [1] , [2] , [3] .