technology

Beware Dangers to Gen Z of Prediction Markets Betting

Who Wins; Who Loses? I have previously blogged about the expansion of prediction markets and its effects on the population. Bettors can bet on virtually anything. For example, Will the U.S. invade Iran before 2027? The Iran war is a popular source of betting. Prediction market traders on Polymarket and Kalshi have placed hundreds of

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Why Students Are Not Excited About the AI-Driven Workplace

Surveys Raise Questions About Students’ Critical Thinking Skills It is no secret that college students are concerned about the impact of AI on future employment opportunities and the skills needed to be successful in using AI. There is some trepidation on the part of students who fear that AI-generated information will lead to a reduction

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Perceptions About the Benefits of Using ChatGPT

Does ChatGPT Provide Helpful Advice? If you haven’t heard about ChatGPT, where have you been this past few years? It seems that virtually everyone is talking about it. ChatGPT, is an example of an artificial intelligence system in the form of a language model that can produce humanlike text. It allows users to ask questions

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Using ChatGPT in Higher Education: A Cautionary Tale

Ethical Issues and Risks to Consider ChatGPT is a game changer. It seems that virtually everyone is talking about ChatGPT. ChatGPT is an example of an artificial intelligence system in the form of a language model that can produce humanlike text. It allows users to ask questions and receive immediate responses. It is perfect for

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Business & Society: The Ethical Use of AI

Trust in Business and Accountability is the Key According to a poll issued by Bentley University and Gallup released on September 12, 2024, the 2024 Bentley-Gallup Business in Society Report, for the third consecutive year, a majority of Americans continue to see businesses as having a positive effect on people’s lives. The results are based on a Gallup poll

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What Americans Need to Know About Elder Fraud

Protecting Yourself Against Elder Fraud Abuse I recently read several articles posted online about the rise in elder fraud and how federal government agencies are dealing with them. One stands out by Laurie Archbald-Pannone is an associate professor of medicine and geriatrics from the University of Virginia that was originally published in The Conversation. Losses due to

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Is Your Organization Practicing Ethics Washing?

Do What We Say, Not What We Do No, it is not about washing your clothes in a responsible way. Ethics Washing refers to the practice of ethical window dressing. It is where an organization gives lip service to ethics to make it seem as though it acts responsibly but does not do anything to make sure

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Ethical Risks of AI in the Workplace

Creating an Ethical Framework to Mitigate Risk Today’s blog is an update to one previously posted about ethical risks of AI. I’ve added to it a discussion in the Harvard Business Review (HBR). A brief summary follows. Concerns About Ethical Risks According to the HBR article, for companies that use AI, risk aversion is a top

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