Ethical considerations in the development of AI encompass concerns about bias, accountability, privacy, and job displacement. AI systems can perpetuate bias if trained on skewed data, leading to unfair outcomes. Accountability becomes crucial when AI makes decisions that affect individuals or communities; clear guidelines are necessary to determine responsibility. Privacy issues arise when AI collects and analyzes personal data, often without user consent. Lastly, the potential for job displacement due to automation raises questions about the need for workforce re-skilling and transition strategies in the face of changing job markets.