AI and Business
Social contract theory is a philosophical concept that explores the legitimacy of authority and the origin of societies through implicit agreements among individuals to form a collective governance. It suggests that individuals consent, either explicitly or implicitly, to surrender some of their freedoms and submit to the authority of a governing body in exchange for protection of their remaining rights. In the context of AI development and deployment, this theory raises important questions about ethical responsibilities, accountability, and the balance between technological advancement and societal values.
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