Ethical Artificial Intelligence, Blockchain Transparency and Immersive Digital Technologies for Sustainable Business and Economic Transformation

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Priti Mangesh Bharambe

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The fast merging of Artificial Intelligence (AI), Blockchain and Immersive Digital Technologies (AR/VR) is significantly transforming the sustainable business practise and economic systems. However, the issues of algorithmic bias, a lack of transparency and disproportional access to digital access still remain to restrain their responsible and fair usage. This paper hypothesises and empirically testifies to an integrated digital sustainability model that looks at the joint impact of Ethical AI preparedness, Blockchain-powered transparency and Immersive Technology investment on sustainable business operations and economic change. Based on the World Development Indicators (WDI) data comprising measures of various countries and economic regions, proxy indicators of AI infrastructure, digital financial transparency, immersive digital innovation, ESG sustainability performance and economic growth were obtained and compared. The use of machine learning models such as Random Forest, Gradient Boosting and XGBoost was used to forecast outcomes in sustainability and economic transformation. The interpretability of the model was guaranteed with the help of SHAP-based feature importance analysis, whereas fairness analysis was done to identify ethical bias among income groups. The experiment shows that ethical infrastructure of digital type and blockchain enabled transparency can substantially enhance sustainability indicators of ESGs and growth outcomes of the economy. The investment on immersive technology also enhances sustainable economic efficiency. The results also indicate that predictive bias is measurable across income-level groupings and it is important to establish ethical governance in the assessment of sustainability based on AI. This paper can provide a solid empirical research that policymakers, ESG regulators and corporate leaders can use to embrace open, ethical and immersive digital policies as the means of achieving inclusive and sustainable economic change.

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