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The Rise of AI and Its Impact on Our Future

Mar 19, 2024 | News, Showcase | 0 comments


Humans VS AI

Today, the world is adapting highly trendy tech machines and careers at its pace, including artificial intelligence, blockchain technology, metaverse, and Web3. Everybody is curious about what our future holds; would it be completely transformed into a machine programming space, would the next generation be surrounded by robots, and would the upcoming humans be only aware of e-education and metaverse meetups? On top of that, will AI become a helpful partner or a threat to our very existence?

Well, thousands of questions are popping up in the heads of millennials, zillennials, and GenZs. Let us assist you in presuming the next era by showing both sides of the coin.

Before moving forward, Artificial Intelligence(AI) became a popular term woven into the fabric of our daily lifestyle. From the moment we unlock our phone with facial recognition to the curated suggestions on our favorite applications and platforms, AI is silently making space in our lives. First, talk about AI’s potential for improving lives with real-life examples.

Impact of AI in every sector:

As mentioned above, AI is entering every sector at the global level. Here are a few of its impacts worldwide.

Education Revolution:

AI tutors are personalising education for students worldwide. Many device applications have already launched in the market and are getting good reviews worldwide. This can bridge educational gaps and ensure everyone has access to quality learning. An Italian education technology company uses AI to create customised student learning paths, maximising their potential.

Impact on the Health Sector:

AI technology can revolutionise early cancer detection, saving countless lives. According to Science Daily, in China, Tencent’s AI system, MiAo, is already deployed to help doctors diagnose breast cancer with accuracy that exceeds even seasoned professionals.

AI as Climate Forecast Warrior:

Artificial intelligence can detect and forecast climate changes accurately, far in advance. IBM and NASA are developing an AI that can accurately predict climate change with speed and accuracy.

These are just a few examples of how AI is already making a positive impact. As AI continues to evolve, we can expect even more breakthroughs across various sectors, from corporate, business, and scientific discovery to education, personalized medicine, and many more. Technological development is suitable for any country; it indicates the economy and technological advancements of the nation. However, as excessive feeding of anything results in body harm only, so does the dark side of AI.

Ethical Concerns, Potential Risks in AI:

Some ethical concerns, potential risks, and challenges may need to be addressed.

Job displacement:
A primary concern of almost every second employee is the potential for AI to automate jobs, leading to widespread unemployment. A 2017 study by McKinsey Global Institute estimates that up to 800 million jobs could be lost by 2030 due to automation. We must prepare for this shift by investing in retraining and re-skilling initiatives.

Algorithmic Bias:
AI systems are trained on data sets created by humans, which can be inherently biased. This can lead to discriminatory outcomes, for example, in banking applications or facial recognition technology. Ensuring fairness and transparency in AI development is crucial.

Dark Box for Many:
Many complex AI systems are opaque, making it difficult to understand how they make their decisions. This lack of transparency can raise concerns about accountability and misuse. Developing more interpretable AI models is essential.

Addressing these challenges is paramount. We must ensure responsible development and deployment of AI to mitigate risks and maximise benefits.

Moreover, it may directly breach our privacy by collecting data without even our intensity. Also, the world’s richest man, Elon Musk, an enthusiast of AI technologies, also stated that “AI is far more dangerous.”

As per the news published by Sky News, “The SpaceX and Tesla owner has long been outspoken about the dangers posed by artificial intelligence, and earlier this year warned it could even lead to “civilization destruction.” When asked by the media whether he still thought AI was a “threat to humanity,” he replied: “It’s a risk.” Afterward, many experts expressed that AI is not here to threaten humans. Instead, it is to help us improve our work productivity. If we learn how to let our work be done through AI, we can take control of it.

Future: Humans and AI Working Together

Ultimately, the future of AI is not about humans versus machines but about humans and machines working together. AI can handle repetitive tasks, freeing us to focus on our creative and social strengths. Imagine doctors leveraging AI for diagnostics while devoting more time to patient interaction or teachers using AI tutors to personalise learning while focusing on indulging critical thinking and emotional intelligence in students.

Here are some ways AI can augment human capabilities:

Enhanced decision-making
AI can analyse vast amounts of data to identify patterns and trends, providing valuable insights for businesses and policymakers.

Increased productivity
AI can automate repetitive tasks, freeing human time and resources for more strategic endeavors.

Improved problem-solving
AI can help us tackle complex challenges by identifying innovative solutions.

By developing a collaborative relationship with AI, we can unlock its full potential to create a better future for all.


The future of AI is in our hands

By proactively addressing the challenges and harnessing their potential, we can ensure AI becomes a powerful tool for progress, not a threat to humanity. This is just the beginning of the AI revolution. As we continue to explore the possibilities of this technology, one thing is certain: the world we live in will be fundamentally transformed.

As we move forward with AI, it’s crucial to have open discussions about its development and implications. We need international collaboration to establish ethical guidelines and regulations. Public education and awareness campaigns can help manage expectations and promote responsible use of AI.

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Written by Riteshu Sen Jaiswar

Chief Of Media at BIZBoost || Public Speaker || Web 3 Junkie || Passionate Writer || Gyaan Seeker

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