Final answer:
Recent ethical issues in business focus on corporate responsibility for environmental problems, such as tech companies' contribution to climate change. In emerging technology, ethical concerns revolve around AI and potential biases in its algorithms. Businesses and technologists must responsibly address these issues with ethical practices and codes of ethics.
Step-by-step explanation:
Ethical Issues in Business and Emerging Technology
One recent ethical issue in the business domain is corporate responsibility for social and environmental problems. A pertinent example since 2019 is the debate over the role of large tech companies in contributing to climate change and their responsibility in mitigating its effects. Corporations are increasingly held accountable for their carbon footprint and are expected to take proactive steps in reducing greenhouse emissions and supporting sustainable practices.
In the realm of emerging technology, one of the leading ethical concerns is the development and deployment of artificial intelligence (AI). Ethical dilemmas arise from potential biases in AI algorithms that can perpetuate inequality and discrimination. As AI continues to integrate into various sectors, the challenge lies in ensuring these technologies are designed and implemented in a way that aligns with societal values of fairness and justice.
My ethical judgment on corporate responsibility is that businesses should indeed take significant responsibility for social, economic, and environmental issues, as they have the resources to contribute positively to global challenges. Regarding AI, it is imperative to establish ethical practices to safeguard against biases and misuse, necessitating stringent guidelines and monitoring mechanisms to protect consumer rights and societal welfare.
Assessing corporate responsibility and establishing ethical practices in technology are critical given their far-reaching impacts. Equally, emphasizing the role of codes of ethics in guiding conduct within organizations is fundamental for maintaining responsible business and technological operations.