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Social Sciences · Decision Sciences

Impact of AI and Big Data on Business and Society
Research Guide

What is Impact of AI and Big Data on Business and Society?

The impact of AI and big data on business and society refers to the application of data-driven decision-making, big data analytics, and artificial intelligence in areas such as smart manufacturing systems, Internet of Things, sustainable industry 4.0, machine learning algorithms, real-time process monitoring, and supply chain management within smart factories and cyber-physical systems.

This field encompasses 27,145 works focused on integrating AI and big data into business operations and societal structures, particularly in manufacturing and decision sciences. Key areas include cyber-physical systems and digital twins for enhanced process efficiency. Growth data over the last five years is not available.

Topic Hierarchy

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graph TD D["Social Sciences"] F["Decision Sciences"] S["Management Science and Operations Research"] T["Impact of AI and Big Data on Business and Society"] D --> F F --> S S --> T style T fill:#DC5238,stroke:#c4452e,stroke-width:2px
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27.1K
Papers
N/A
5yr Growth
91.1K
Total Citations

Research Sub-Topics

Why It Matters

AI and big data enable data-driven decision-making in smart factories, improving supply chain management and real-time process monitoring as explored in works on management science. For instance, Byrne (2000) in "Structural equation modeling with AMOS: basic concepts, applications, and programming" (18,092 citations) provides methods for analyzing complex relationships in business data, applied in validating theoretical constructs for organizational impacts. Triantaphyllou (2000) in "Multi-criteria Decision Making Methods: A Comparative Study" (2,296 citations) supports business choices under uncertainty, directly influencing operations research in AI-driven environments. These tools aid sustainable industry 4.0 by quantifying innovation adoption, as in Tornatzky and Klein (1982) meta-analysis (3,212 citations), linking innovation characteristics to implementation success in manufacturing firms.

Reading Guide

Where to Start

"Structural equation modeling with AMOS: basic concepts, applications, and programming" by Barbara M. Byrne (2000) is the starting point for beginners because it offers a non-mathematical introduction to SEM basics with practical applications suitable for business data analysis.

Key Papers Explained

Byrne (2000) in "Structural equation modeling with AMOS: basic concepts, applications, and programming" (18,092 citations) introduces SEM for construct validation, complemented by Byrne (1998) in "Structural Equation Modeling With Lisrel, Prelis, and Simplis: Basic Concepts, Applications, and Programming" (3,874 citations) which expands to LISREL tools for similar research questions. Snijders and Bosker (1999) in "Multilevel analysis : an introduction to basic and advanced multilevel modeling" (6,917 citations) builds on these by addressing hierarchical data structures relevant to organizational AI impacts. Marcoulides (1998) in "Modern Methods for Business Research" (6,467 citations) connects them through chapters on contemporary statistical methods. Tornatzky and Klein (1982) meta-analysis (3,212 citations) applies these quantitatively to innovation adoption findings.

Paper Timeline

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graph LR P0["Innovation characteristics and i...
1982 · 3.2K cites"] P1["Modern Methods for Business Rese...
1998 · 6.5K cites"] P2["Structural Equation Modeling Wit...
1998 · 3.9K cites"] P3["Regression Models for Categorica...
1998 · 2.3K cites"] P4["Multilevel analysis : an introdu...
1999 · 6.9K cites"] P5["Structural equation modeling wit...
2000 · 18.1K cites"] P6["Multi-criteria Decision Making M...
2000 · 2.3K cites"] P0 --> P1 P1 --> P2 P2 --> P3 P3 --> P4 P4 --> P5 P5 --> P6 style P5 fill:#DC5238,stroke:#c4452e,stroke-width:2px
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Most-cited paper highlighted in red. Papers ordered chronologically.

Advanced Directions

Research applies multilevel and SEM methods to analyze AI in smart factories and supply chains, with top papers from 1982-2017 providing foundational tools. No recent preprints or news in the last 6-12 months indicate steady reliance on established statistical frameworks for emerging cyber-physical applications.

Papers at a Glance

Frequently Asked Questions

What methods are used to analyze AI and big data impacts in business research?

Structural equation modeling with AMOS tests factorial validity of constructs from business data sets. Byrne (2000) demonstrates applications for single-group analyses in "Structural equation modeling with AMOS: basic concepts, applications, and programming". These methods handle latent variables relevant to AI-driven decision-making.

How does multilevel modeling apply to societal impacts of big data?

Multilevel analysis addresses hierarchical data in business and social contexts, such as firm-level and industry-level effects of AI adoption. Snijders and Bosker (1999) cover techniques in "Multilevel analysis : an introduction to basic and advanced multilevel modeling" (6,917 citations). It supports studies on cyber-physical systems across organizations.

What role do meta-analyses play in understanding AI innovation adoption?

Meta-analyses synthesize findings on innovation characteristics and their relation to adoption in business settings. Tornatzky and Klein (1982) reviewed 75 articles in "Innovation characteristics and innovation adoption-implementation: A meta-analysis of findings" (3,212 citations), identifying factors influencing implementation in manufacturing. Cooper (2017) outlines steps in "Research Synthesis and Meta-Analysis: A Step-by-Step Approach" (1,682 citations).

Which statistical models handle limited data in big data business applications?

Regression models for categorical and limited dependent variables address binary, ordinal, and count outcomes in AI analytics. Calvin (1998) reviews these in "Regression Models for Categorical and Limited Dependent Variables" (2,297 citations). They apply to supply chain predictions and process monitoring.

How do multi-criteria methods support AI decisions in operations?

Multi-criteria decision-making methods compare approaches for business optimization under multiple factors. Triantaphyllou (2000) conducts a comparative study in "Multi-criteria Decision Making Methods: A Comparative Study" (2,296 citations), applicable to smart factory resource allocation.

What is the current state of research in this field?

The field includes 27,145 papers with top-cited works from 1982 to 2017 focusing on statistical methods for AI and big data analysis. No recent preprints or news coverage from the last 12 months is available. Emphasis remains on decision sciences for manufacturing and society.

Open Research Questions

  • ? How can structural equation modeling be extended to real-time big data streams in cyber-physical systems?
  • ? What multilevel factors best predict AI adoption rates across global supply chains?
  • ? Which innovation characteristics most strongly influence sustainable industry 4.0 implementation?
  • ? How do multi-criteria methods integrate with machine learning for smart factory optimization?
  • ? What qualitative variable models improve forecasting in AI-driven business risk assessment?

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