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Strategies for Change, Innovation & Transformation

Research Article

Ethical Aspects of Implementing Artificial Intelligence and Automation: Analysis of Economic and Social Impacts

Viktoriia Levandovska1, Viktoriia Litvinova1

  1. 1Odessa National Economics University, Ukraine

International Journal of Psychology and Strategic Communication, Vol. 1, No. 3, pp. 409–414, 2025

Published 14 July 2025

https://doi.org/10.61030/FGNV4518

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Abstract

Artificial Intelligence (AI) and automation are the driving forces behind global changes in various sectors of the economy and society. Despite the evident economic benefits, including increased productivity and reduced costs, the implementation of these technologies brings numerous ethical and social challenges. The primary concerns include job reductions, rising social inequality, and the marginalization of low-skilled workers. Moreover, questions arise regarding the ethicality of AI-driven decisions, the transparency of these algorithms, and accountability for their outcomes. This study emphasizes the need to establish ethical standards and effective regulatory mechanisms to mitigate the negative social and economic impacts. Statistical data highlights a significant increase in investments in AI technologies in recent years, exceeding $50 billion in 2022.

Keywords: Artificial Intelligence, Automation, Ethics, Labor market, Social inequality, Algorithm transparency

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered
RESEARCH ARTICLE

Title

Ethical Aspects of Implementing Artificial Intelligence and Automation: Analysis of Economic and Social Impacts

Volume 1Issue 3

Authors and Affiliations

Author

Viktoriia Levandovska

Odessa National Economics University, Ukraine

Author

Viktoriia Litvinova

Odessa National Economics University, Ukraine

Journal / Publisher Details

International Journal of Psychology and Strategic Communication
Volume 01
Issue 03
Year 2025
Pages 409-414

Abstract

Artificial Intelligence (AI) and automation are the driving forces behind global changes in various sectors of the economy and society. Despite the evident economic benefits, including increased productivity and reduced costs, the implementation of these technologies brings numerous ethical and social challenges. The primary concerns include job reductions, rising social inequality, and the marginalization of low-skilled workers. Moreover, questions arise regarding the ethicality of AI-driven decisions, the transparency of these algorithms, and accountability for their outcomes. This study emphasizes the need to establish ethical standards and effective regulatory mechanisms to mitigate the negative social and economic impacts. Statistical data highlights a significant increase in investments in AI technologies in recent years, exceeding $50 billion in 2022.

Keywords

Artificial Intelligence, Automation, Ethics, Labor market, Social inequality, Algorithm transparency

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Cite this article

10.61030/FGNV4518

Levandovska Viktoriia, Student, Odesa National Economic University, Odesa, Ukraine, Viktoriia Litvinova, & PhD in Economics, Associate Professor, Odesa National Economic University, Odesa, Ukraine (2025). Ethical Aspects of Implementing Artificial Intelligence and Automation: Analysis of Economic and Social Impacts. International Journal of Psychology and Strategic Communication, 1(3). https://doi.org/10.61030/FGNV4518

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