How can businesses strike a balance between utilizing cutting-edge technology to enhance customer experience and ensuring ethical responsibility in the age of rapidly evolving data privacy regulations?

Businesses can strike a balance by prioritizing transparency and obtaining explicit consent from customers before collecting and using their data. They can also invest in robust data security measures to protect customer information and comply with data privacy regulations. Additionally, businesses should regularly review and update their privacy policies to ensure they align with the latest regulations and ethical standards. Overall, businesses must prioritize customer trust and data protection while leveraging technology to enhance the customer experience.