In recent years, artificial intelligence (AI) has become increasingly popular in the modern world. That’s a given, because technological progress directly influence the future of mankind. While some people are wary of artificial intelligence, others are already taking full advantage of its vast capabilities. So what is artificial intelligence, a threat to our society or a global good? Multiple artificial intelligence research and development studies has discovered both advantages of AI and its main disadvantages.
Artificial intelligence as a useful service for businesses
If artificial intelligence were useless, millions of companies around the world would not use this development. The increased demand proves its undeniable advantages. Here are just a few of the main benefits of AI:
- automation of work processes;
- deep and thorough analysis of large amounts of digital data (Big Data);
- processing and storage of information;
- high level of calculations accuracy;
- adaptation of data to business needs and customer requirements;
- Big Data updates.
The goal of artificial intelligence is to facilitate and speed up the workflow related to processing and storing digital data. Hardly anyone would dispute the reliability of drones or the convenience of Siri.
In addition, humans make mistakes, but computers don’t. A sleepless night, family troubles, poor health, all these and many other factors may affect the employee’s ability to work. As a result, people make mistakes in the work. The use of artificial intelligence eliminates human errors.
Thanks to the automation, employees no longer need to perform mechanical routines, because the program will do them (spending much less time on this than a man).
Research proves these advantages, which can be seen here: https://data-science-ua.com/research-and-development/. The use of AI helps business owners save a tremendous amount of time and money.
Why people are afraid of AI
Decades ago, Isaac Asimov and his robotic invaders turned the public against “smart machines,” and George Orwell with his “1984” only added fuel to the fire of general panic. Even now, many people treat artificial intelligence with some kind of superstitious fear. However, people tend to be afraid of everything new. Surely the inventor of the wheel also faced criticism. Probably, in the near future, there will be fewer skeptics, and AI will become something quite common.
A more serious disadvantage is that the development of AI leads to a shrinking labor market. By automating processes, businesses no longer need human resources, which raises the unemployment rate, leads to instability and causes financial fear in society.
Artificial intelligence can be compared to mechanical engineering, with the oil refining industry, and to many similar examples. Why? Because they all have both positive sides for humanity and negative side effects. Nothing is perfect, and artificial intelligence is certainly no exception to this rule. Whether humanity will be able to control AI or whether smart machines will rise up and enslave us is a question of ongoing discussion in the scientific world and among interested people. Only the future can give us the correct answer to this question.