Frontiers of AI in Business and Society

 News

• May 1 - The schedule for the workshop has been announced

About

Advancements in AI methodologies have accelerated exponentially in recent years, and their applications in business and societal domains have become ubiquitous. On the one hand, this presents significant opportunities for using these tools to address hard societal and business challenges. Examples include advancements in medical diagnostics and personalized healthcare, efficiently learning diverse consumer preferences, building more resilient supply chains, building environmentally sustainable business operations, and improving the allocation of societal resources to address problems such as crime and poverty. 

On the other hand, the use of AI methodologies in such societal domains has raised several ethical and trust-related concerns and challenges requiring urgent policy design. For example, AI may exacerbate existing societal inequities by introducing large disparities in the allocation of the costs and benefits of AI deployments across population groups, with outcomes favoring one group over another. The black-box nature of AI methodologies may lead to unintended and harmful consequences and make them susceptible to malicious manipulation of their outcomes by strategic stakeholders. Furthermore, the concentration of data and AI prowesses in the industry raises concerns of misalignment between the firms' objectives for AI deployments and societal welfare.  

This workshop aims to bring together experts and practitioners from various relevant disciplines to carve an interdisciplinary research agenda for (a) developing impactful yet responsible AI solutions in societal and business domains and (b) designing policy frameworks for addressing concerns arising from the use of AI in such domains.

Sponsors

 Organization

The workshop is organized by the Information and Decision Sciences (IDS) Department of the University of Illinois Chicago (UIC), with support from the College of Business Administration (CBA) of UIC.

Organizing committee:

Vijay Kamble (chair)

Yingda Lu (chair)

Moontae Lee

Bradley Sturt

For inquiries or questions, please email the organizers at:

kamble@uic.edu