The Impacts of Artificial Intelligence on Society

The impact which AI has on society is of taking in a lot of information more than what humans could imbibe in their lifetime for arriving at an answer. AI is able to take away stress factors from tedious manual work done by employees and make things automatic, which allows the employee to learn and use new competencies.

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The future of AI is not exactly clear however, it definitely has impacts on the society and workplace which can be positive or maybe negative which only time will tell. However, if it is a question about when Artificial Intelligence is likely to take charge of human jobs it will depend on the person you ask.

How AI has entered our daily life

Recent developments in AI require a re-examination of the kinds of human-labor which could be augmented by emerging technologies. It could be argued that recent AI advancements would only reduce the costs of furnishing particular sets of tasks like the tasks of prediction of indeterminate states in the world as inputs into decision-making. These kinds of predictions could allow riskier decision outcomes which could impact productivity while increasing imbalances of outcomes also.

It is necessary to consider the value of human perspectives on decision-making processes with continuous improvements in prediction technology to ensure a balance while deploying AI in human activities. Judgment is necessary whenever objective functions for making the decision cannot be codified. However, humans are able to weigh the consequences of prediction impacts of different kinds of judgment on their life which could be in opposite ways. Every human judgment cannot be outcomes of AI as humans never delegate decisions to a machine when the decisions are superior to the intervention of human input.

Forget about the superhuman futuristic robots. AI can today, influence the ways in which we are already interfacing with it through Smartphones, smart cars, or our voice-activated equipment. AI is already working in industries like medicine, financial services, and retail, and all professions. This is due conditions that have created an AI boom viz., lots of online data, plenty of low-cost computing, and plenty of algorithms useable for doing large scale statistical analysis needed by AI existing almost everywhere. AI is mostly used for advanced statistical number crunching and finding patterns in scales which we could never have earlier imagined.

This has already changed SME strategies and affected ways in which established businesses have looked at their business data. There could be fears that the boom created by AI in pattern-finding is likely to wipe out millions of jobs or make a world that is soullessly driven with only uncontrolled algorithms. Despite the experts sees a pattern that automation will only be redefining work and enable humans to engage in work where we will excel. AI can only become a force to perpetuate evil only when technology will bear values that we as creators intend to give it.

Conclusion:

We might see some mistakes and also see many unexpected successes. However, we cannot overlook the serious effects which AI will have on our lives. Humanity is at the brink of its 4th industrial revolution and it will have social, economic & societal outcomes. Politics & business have to work together for creating an appropriate framework condition that sets an ethical course for our future generations. AI involves machine intelligence created by man to do all tasks in unison and continuously making no mistakes.

Humans can make mistakes because of the mind-numbing nature of tasks so monotonous routine work is better left to machines which can do these without any mistakes. AI is used for substituting human judgment when it minimizes the time & energy. Although AI has many pros & cons society has started rapidly accepting it and merging in new trends that are technology-based and is putting footprints into all spheres of society. Industry & society are in the beginning stages of a change process triggered by AI & new opportunities are likely to drive innovation for creating new ideas.

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