Potential ethical concerns surrounding AI technology include bias, privacy, and transparency. AI systems can perpetuate existing biases found in training data, leading to unfair treatment or discrimination against certain groups. Privacy issues arise as AI often requires vast amounts of personal data, raising questions about data protection and user consent. Additionally, the opacity of AI algorithms poses challenges for accountability, as stakeholders may struggle to understand how decisions are made. Addressing these concerns is crucial for responsible AI development and deployment.