How can companies ensure that they are ethically and responsibly utilizing data analytics and artificial intelligence to enhance customer engagement and personalization, while maintaining customer trust and privacy?

Privacy
Companies can ensure they are ethically and responsibly utilizing data analytics and artificial intelligence by being transparent about how they collect, store, and use customer data. They should also obtain explicit consent from customers before using their data for personalized marketing. Implementing robust data security measures and regularly auditing data practices can help maintain customer trust and privacy. Additionally, companies should prioritize data minimization, only collecting and using data that is necessary for improving customer engagement and personalization.