Artificial Intelligence has been the “trend” over the past few months. With countless new AIs being discovered, or invented, AI is here to stay. People enjoying the benefits of AI hail from all fields; as there is an AI that could assist every field. From writing to calculations, photography, coding, and tech, communications. There is an AI solution for everything. But while we praise AI for its fantastic assistance and support, is AI a threat or a benefit to the world?
The development of computer systems that can perform tasks requiring intelligence is known as artificial intelligence. Decision-making, voice and emotion detection, and visual perception are some of these skills. These are only the fundamental capabilities of AI. We are discussing computer programs and algorithms that can mimic human abilities.
Deep learning, machine learning, and artificial intelligence are all capable of identifying various patterns and creating the appropriate algorithms to mimic human behavior. Based on how people accomplish activities and how they think about them, these technologies can perform these jobs with the help of vast amounts of data.
When John McCarthy coined the term Artificial Intelligence back in 1950, he said
“ Every aspect of learning or any other feature of intelligence can in principle be so precisely described that a machine can be made to simulate it. An attempt will be made to find how to make machines use language, form abstractions, and concepts, solve kinds of problems now reserved for humans, and improve themselves.”
The “attempt” John McCarthy talked about is very much successful today and more and more concepts under AI are being invented and unlocked.
But as every coin has two sides, some are yet to be convinced that Artificial Intelligence is the hero, and look at it more as an Anti-Hero.
So to draw a contrast between the two sides, here are the benefits of AI with a countering threat as well.
1. Reduction of Human Error
When activities are carried out by humans, mistakes are more likely to occur. While performing a given activity, we frequently make mistakes. This might be a result of an individual’s varied intellectual capacity. Nevertheless, this is not the case with robots powered by AI. The machines are programmed to carry out a specific duty. As a result, the accuracy is based on how well we plan and program the robots to complete the work.
Artificial intelligence has demonstrated that it is more effective than humans at doing a given activity when we compare AI-based devices to people. Artificial intelligence is used in many sectors to minimize wasteful mistakes and losses. Complex mathematical constructions are implemented via algorithms used to create AI-based models, which aid in making activities more effective and error-free.
Contrasting to that,
Machine Language=No Creativity
No matter how smart a machine becomes, it can never replicate a human. Machines are rational but, very inhuman as they don’t possess emotions and moral values. They don’t know what is ethical and what’s legal and because of this, don’t have their judgment-making skills.
They do what they are told to do and therefore the judgment of right or wrong is nil for them. If they encounter a situation that is unfamiliar to them then they perform incorrectly or else break down in such
2. Repetitive or Boring Jobs Handling
In the working sector, there are a lot of repetitive tasks as part of daily work, such as mailing thank-you notes and checking papers for flaws, among other things. We may use artificial intelligence to automate these menial chores efficiently and even to eliminate “boring” work for people, allowing them to focus on being more creative.
Its settings may be changed, and it can be used to do risky operations. As human speed and time cannot be determined using parameters, this is not possible with humans.
Making a parallel to that,
Stealing Human Jobs
The most dangerous and perhaps damaging option is this one. Human-intensive needs have decreased in various industries due to capital-intensive technology. Humans will soon be supplanted by robots if they don’t continue to develop their talents in the future.
The unemployment rate is the main cause of the GDP stagnating or not increasing at the predicted rate. Individuals lack the in-demand talents that are necessary. As a result, there is a huge imbalance between supply and demand.
3. Better Communication
Speech recognition and translation have advanced dramatically due to advancements in communication technology and the incorporation of AI into communication systems. For your communication needs, there is access to data and strong processing power. During a conversation, apps with strong microchips may “hear” and translate words from a foreign dialect or language.
This is due to the availability of real-time intelligence and data for making difficult decisions. Also, it gives companies the chance to expand internationally and compete on a global scale.
But…
Cybersecurity
Cybersecurity is a major worry for everyone, whether you are an individual or part of a large company. And AI is a key component on both ends of the cybersecurity spectrum. Hackers are renowned for being relentless in their hacking missions. They launch an attack every 39 seconds, or 2,244 times daily on average.
Although it is difficult to quantify cyber damages, the International Monetary Fund estimates that they cost the global financial industry between US$100 and US$250 billion yearly (Lagarde 2012).
