Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Concept explainers
Question
Chapter 1.5, Problem 2RQ
Program Plan Intro
Robo-advice system:
- Robo-advice system is an investment form that has been working hard to develop a robo-adviser service which uses computer
algorithms to deliver financial planning for its millennial clients. - Millennial clients rose in an environment of social networks and video games are looking for just this kind of investment robo-advice service.
- Several trial clients ignored the robo-advice totally and simply turned into implementing multiple traders and agitated traders.
Program Plan Intro
Robo-advice system:
- Robo-advice system is an investment form that has been working hard to develop a robo-adviser service which uses computer algorithms to deliver financial planning for its millennial clients.
- Millennial clients rose in an environment of social networks and video games are looking for just this kind of investment robo-advice service.
- Several trial clients ignored the robo-advice totally and simply turned into implementing multiple traders and agitated traders.
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What legal, ethical, and sociological factors must be taken into account while designing a robo-advice system? Is there anything more the designer of this robo-advice system owes its users?
What sort of legal, ethical, and social issues are raised when creating a robo- advice type of system? Do the builders of such a robo-advice system owe a special duty or responsibility to its users?
A) Examine a scenario when you were faced with an ethical challenge while carrying out a task using technology. B) What was the ethical issue? C) What caused the challenge? D) What decision did you take?
Chapter 1 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 1.1 - Prob. 1RQCh. 1.1 - Prob. 2RQCh. 1.1 - Prob. 1CTQCh. 1.1 - Prob. 2CTQCh. 1.2 - Prob. 1RQCh. 1.2 - Prob. 1CTQCh. 1.2 - Prob. 2CTQCh. 1.3 - Prob. 1RQCh. 1.3 - Prob. 2RQCh. 1.3 - Prob. 1CTQ
Ch. 1.3 - Prob. 2CTQCh. 1.4 - Prob. 1RQCh. 1.4 - Would you expect to see more funds allocated to...Ch. 1.4 - Prob. 1CTQCh. 1.4 - Prob. 2CTQCh. 1.5 - Prob. 1RQCh. 1.5 - Prob. 2RQCh. 1.5 - Are there other alternative strategies for the...Ch. 1.5 - Prob. 2CTQCh. 1 - Prob. 1SATCh. 1 - Prob. 2SATCh. 1 - Prob. 3SATCh. 1 - Prob. 4SATCh. 1 - Prob. 5SATCh. 1 - Prob. 6SATCh. 1 - Which of the following is not a key organizational...Ch. 1 - Prob. 8SATCh. 1 - Prob. 9SATCh. 1 - Prob. 10SATCh. 1 - Prob. 11SATCh. 1 - Prob. 12SATCh. 1 - Prob. 13SATCh. 1 - Prob. 14SATCh. 1 - Prob. 15SATCh. 1 - The two fundamental strategies for system...Ch. 1 - Prob. 17SATCh. 1 - Prob. 18SATCh. 1 - Prob. 1RQCh. 1 - Prob. 2RQCh. 1 - Prob. 3RQCh. 1 - Prob. 4RQCh. 1 - Prob. 5RQCh. 1 - Prob. 6RQCh. 1 - Prob. 7RQCh. 1 - Define the term software. What are the two primary...Ch. 1 - Prob. 9RQCh. 1 - Prob. 10RQCh. 1 - Prob. 11RQCh. 1 - Prob. 12RQCh. 1 - Prob. 13RQCh. 1 - Prob. 14RQCh. 1 - Prob. 15RQCh. 1 - Prob. 16RQCh. 1 - Prob. 17RQCh. 1 - Prob. 18RQCh. 1 - Prob. 19RQCh. 1 - Prob. 20RQCh. 1 - Prob. 21RQCh. 1 - Prob. 22RQCh. 1 - Prob. 1DQCh. 1 - Prob. 2DQCh. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQCh. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQCh. 1 - Prob. 11DQCh. 1 - Prob. 12DQCh. 1 - Prob. 13DQCh. 1 - Prob. 14DQCh. 1 - Prob. 2PSECh. 1 - Prob. 3PSECh. 1 - Prob. 2TACh. 1 - Prob. 3TACh. 1 - Prob. 1WECh. 1 - Prob. 2WECh. 1 - Prob. 1CECh. 1 - Prob. 2CECh. 1 - Prob. 1CTQ1Ch. 1 - Prob. 2CTQ1Ch. 1 - Prob. 3CTQ1Ch. 1 - Prob. 1CTQ2Ch. 1 - Prob. 2CTQ2Ch. 1 - Prob. 3CTQ2
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Designing an expert system involves several steps to ensure that it effectively captures and replicates the knowledge of a human expert in a specific domain.arrow_forwardWhat picture do you have in your head when you think about e-mail? When a message is sent, how does it get to the person who is supposed to receive it? Make a note of all of the information you've gathered thus far. What are the differences, and why are they important to understand? Consider the degree of detail (or the level of abstraction) that various types of models possess in comparison to one another.arrow_forwardWhat are some of the opinions that you have about the usage of electronic mail? Which steps need to be carried out before an email may be sent from A to B? Make a note in your mind of the amount of understanding you now possess. What precisely does it mean to discriminate between things, and why is it so very crucially necessary to do so? Take into consideration the quantity of detailed information that was included into each of the models (or different degrees of abstraction).arrow_forward
- What kind of mental picture do you conjure up whenever you think about email? Is it possible for a message to be sent to the individual who it is meant for? It is important to keep track of everything you've studied up to this point. To what degree does one's comprehension of the differences between the two need to be prioritised? How specific (or general) are the various models, and how do they stack up against one another?arrow_forwardWhat image do you have of e-mail in your mind? When a message is sent, how is it delivered to its intended recipient? Make a note of the information you've gleaned. What are the distinctions and why are they significant? Consider the level of detail (or level of abstraction) that different kinds of models contain.arrow_forwardTo what extent do you think it's fair that users give up certain personal information in return for access to low-cost or no-cost software? Can they be held responsible for the information they collect and how they utilize it? Always be prepared to argue for your position. Does your assertion have any kind of evidence supporting it?arrow_forward
- What is meant by an expert system?arrow_forwardDo you feel it is ethical for a company to provide you with free (or practically free) software in return for the information they collect about you? Are they accountable for the information that they get as well as the way that it is utilized? Maintain the ability to argue for your stance. Please provide an explanation of why you hold the perspective that you do.arrow_forwardWhat image of e-mail do you have in your mind? How does a message travel to its intended recipient after it is sent? Make a mental note of all you've learned. What are the differences and why do they exist? Consider the level of complexity (or abstraction) that various types of models contain.arrow_forward
- Could you please let me know if you have any misunderstandings regarding email? How exactly does the information go from point A to point B? Make a list of everything you've picked up today. Why are there differences between different individuals? While attempting to get a complete comprehension of a model, it is essential to take into account the degree of detail or level of abstraction that it has.arrow_forwardWhat kind of social and ethical repercussions may technology such as robots and artificial intelligence have? Would it, in the long run, be more convenient for robots to take over all of our occupations if it were feasible to do so? If it is the case, what would cause that?arrow_forwardWhen you hear the word "email," what are some of the first things that spring to mind? What happens to an email once it has been sent? Make a note of all the things you have learned that you didn't know previously. I'm curious if anybody has any ideas on what may be causing these discrepancies. Does your organization have a range of model complexity?arrow_forward
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