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The Promises and Perils of Applying AI for Social Good in Entrepreneurship

Author: Siebold, N., Gümüşay, A., & von Richthofen, G.
Published in: Alexander von Humboldt Institute for Internet and Society
Year: 2022
Type: Academic articles
DOI: 10.5281/zenodo.5776857

Artificial intelligence (AI) is viewed as a new breeding ground for unprecedented entrepreneurial opportunities. While researchers and practitioners alike agree that AI holds great potential for economic growth, one key question that arises is: How can AI be applied for the greater good of society? In this study, we explore how entrepreneurial ventures apply AI for social good. Our findings reveal four promises and perils that arise when applying AI for social good, and we offer four key takeaways for entrepreneurs who are interested in using AI to create positive societal impact. We also note implications for policy makers.

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Connected HIIG researchers

Nicole Siebold, Dr.

Former Associated Researcher: Innovation, Entrepreneurship & Society

Georg von Richthofen, Dr.

Senior Researcher & Project Lead: Innovation, Entrepreneurship & Society

Ali Aslan Gümüsay, Dr.

Head of Research Group: Innovation, Entrepreneurship & Society


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