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MDEC CEO Urges Caution in AI Utilization for Business Decisions

Kuala lumpur: Business owners should use artificial intelligence (AI) to support their work but must never outsource their thinking or final judgement to it, said Malaysia Digital Economy Corporation (MDEC) chief executive officer (CEO), Anuar Fariz Fadzil.

According to BERNAMA News Agency, Anuar emphasized that although AI could analyze information, condense complex material, and help companies evaluate their options, people must remain responsible for making difficult business decisions. He stated, "Never outsource your thinking to AI. Ultimately, you make the decisions because that is what makes us human."

For business leaders, Anuar highlighted that judgment also involves considerations that technology cannot be held accountable for, including risk, regulatory obligations, the impact on employees and customers, corporate reputation, and long-term strategy. He remarked that while AI can accelerate analysis and present possible options, the responsibility for the outcome must remain with the people running the business.

Anuar Fariz also noted that AI was becoming as essential to businesses as email, making it increasingly difficult for companies to remain competitive without understanding and adopting the technology. However, he cautioned that business owners and senior leaders must take responsibility for its adoption rather than delegate the entire matter to employees, technology teams, or outside consultants.

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