Ethical and Sustainability Issues of Artificial Intelligence (AI) in the Luxury Industry

Lars-Erik Casper Ferm, Sara Shawky, Park Thaichon, Sara Quach

Research output: Chapter in Book/Conference paperChapterpeer-review

Abstract

Despite the benefits that Artificial Intelligence (AI) technologies offer to various fields, ethical and sustainability concerns have been a high-profile issue. Such issues of AI have become a huge concern dominating government, media, and academic discourse. This book chapter sheds light on some of the most pressing ethical and sustainability issues that result from the adoption of AI-powered tools in the luxury industry. This chapter strives to extend understanding of these arenas in two ways. First, to identify the most pressing areas of AI ethical and sustainability issues in the luxury industry. Second, to build a framework to help address such concerns to guide future research and practitioners. To achieve this, the issues of transparency and sustainability are considered the greatest challenges that need to be addressed in relation to AI’s use in the luxury industry. These aspects are discussed and evaluated via two case studies: the Sephora Visual Artist app feature and Stitch Fix respectively. Lastly, we develop a framework that extends current AI ethical issues within the luxury industry and provides managerial implications on how researchers and practitioners can strategize their usage of AI.
Original languageEnglish
Title of host publicationLuxury Marketing, Sustainability and Technology
Subtitle of host publicationThe Future of Luxury Management
EditorsPark Thaichon, Sara Quach
PublisherRoutledge
Chapter3
Pages37-52
Number of pages16
ISBN (Electronic)9781003321378
ISBN (Print)9781032342917, 9781032342924
DOIs
Publication statusPublished - Jun 2023
Externally publishedYes

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