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AI and Business: Opportunities, Challenges, and the Future of Innovation

Learn about AI ethics, opportunities, challenges, future innovations, and actionable steps to adopt responsible AI practices.

Many businesses are rapidly deploying AI solutions to gain a competitive edge, yet they often overlook ethical considerations such as data bias, lack of transparency, and accountability. This can lead to reputational damage, legal challenges, and a loss of public trust when AI-driven decisions are perceived as unfair or harmful. By integrating ethical frameworks into every phase of AI development--from data collection to model deployment--businesses can minimize bias, increase transparency, and establish clear accountability structures. Adopting responsible AI practices not only safeguards an organization's reputation but also fosters innovation, builds stakeholder trust, and positions the company for long-term success in an evolving regulatory environment.

62 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Ethical Dimensions of AI

  • Transparency and Explainability
  • Data Privacy and Ownership
  • Accountability and Responsibility

Business Opportunities

  • Enhanced Decision-Making
  • Operational Efficiency
  • Innovation and New Markets

Challenges and Risks

  • Implementation Challenges
  • Reputational Risks
  • Regulatory Landscape

Future of Innovation

  • Responsible AI Development
  • Human-Machine Collaboration
  • Long-Term Vision

Case Studies and Actionable Steps

  • Case Examples of Ethical Dilemmas (e.g., Facial Recognition in Retail)
  • Practical Steps for Businesses to Adopt Ethical AI Policies

Conclusion

  • Key Takeaways
  • Call to Action for Stakeholders
  • Questions and Discussion
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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on February 19, 2025.

Call 1-866-352-9540 for further credit information.

  • ASAP PACE 0.1
     
  • This course is pre-approved through the American Society of Administrative Professionals (ASAP) for 0.1 CEU(s) towards your PACE Recertification.
     
  • IAAP 1.0
     
  • All education that aligns with the CAP Body of Knowledge can be used toward recertification. Lorman Education Services believes this course does align and should be counted toward recertification. Please visit IAAP's certification webpage to review recertification details and requirements. https://www.iaap-hq.org/page/CAP_Recertification. Course Length: 1.0.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

David Hatami, Ed.D

David Hatami, Ed.D

EduPolicy.ai/ScholarBar Education LLC

Dr. David Hatami, Ed.D.

  • Leading expert in AI Ethics, AI Policy Development, and Higher Education Leadership, serving as Managing Director of an AI educational technology consulting firm, EduPolicy.ai
  • Respected speaker and presenter at national conferences, educational institutions, and industry events focusing on artificial intelligence ethics and policy implementation in academic and corporate settings
  • Expertise is showcased through various published works in professional journals and industry publications.
  • Serves on multiple AI ethics committees and provides consulting services to colleges and universities nationwide, focusing on responsible AI implementation and policy development
  • Doctor of Education in Higher Education Leadership & Administration, along with two master’s degrees, the first in English Literature and the second in Higher Educational Leadership
  • Can be reached at 727-741-7748 or via email at [email protected]
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Why Lorman?

Over 38 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Product ID: 411857
Published 2025
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