Artificial intelligence can be both a boon and a bane for humanity. elucidate?
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Artificial intelligence can be both a boon and a bane for humanity as:
1.AI has become a part of many human work such as Healthcare, Drug discovery and development, Predictive analytics, Tourism, Smart assistant, chat bots, Education, Logistics, sales and many more… .
2.Contributes to risky tasks that humans can’t perform, such as exploring the depths of the sea, space expeditions, etc.
3.Artificial Intelligence reduces human error.
4.AI can perform tasks at long stretches with constant human intervention compared to human labour.
5.Companies can rely on AI to safeguard consumer data
1.Higher costs are involved because of machine complexity
2.Since AI automates a lot of tasks, it has made humans addicted to smart devices and become lazy
3.AI can easily perform repetitive and heavy tasks and has replaced human labour. e.g. Process automation in industries
4.As of now, AI can not replicate human emotions and connection, an essential attribute to the team working
5.AI and machines are programmed to perform functions, so it may take some time for them to innovate at performing tasks
Now the Fact that whether Artificial Intelligence is boon or a bane, well it depends on interest if If humans and AI have aligned interests, both will go hand in hand; if they don’t, it gets conflicting.
Artificial intelligence (AI) has progressed swiftly, changing many parts of our existence. While it holds huge growth potential, it also presents serious challenges.
AI has the potential to both benefit and harm humans.
On the bright side, AI has the potential to transform industries and improve people’s quality of life. In healthcare, AI-powered diagnostic technologies can discover illnesses sooner, resulting in more effective treatments. Self-driving cars promise safer driving and less traffic congestion. AI may also automate routine jobs, freeing up human resources for more creative pursuits.
While AI has many advantages, there are also obstacles to have been generated due to AI. One of them is that AI could replace human labour by automating tasks that were previously done by humans, which was their source of Income. AI systems can make assumptions that could support that is why they cannot be always true. The development of autonomous weapons also brings up moral questions about their application and misuse potential. Furthermore, transparency and ethical standards may be compromised if a few companies cannot control the amount of AI power, leading to a lack of oversight and accountability.