Things are about to get strange. You can’t escape change or shake it off like some annoying fly. Technological progress is knocking on our doors until there’re no doors left. Technology will shape our future; the only question is to what extent? Should we be alarmed about the endless potential Artificial Intelligence can present us with? Join us, and discover why you have no reasons to be worried!
Artficial Intelligence in public conception is ambiguous.
AI has undoubtedly accumulated a lousy reputation due to Hollywood films. In blockbusters like The Matrix and The Terminator, robots gain self-consciousness and turn against humanity. However, Artificial Intelligence does not limit to evil robots, pushing us into a desperate fight for our survival.
By all means, technological breakthroughs have countless perks that make our lives better. They handle specific processes faster and more efficiently, resulting in better results. Still, if they proved to be more proficient at (almost) everything, does that mean technology is making us smarter or dumber?
We must investigate our initial reservations and doubts about cutting-edge technology and decide whether we focus on the pros or the cons of engineered intelligence!
What does Artificial Intelligence mean, and how does it work?
John McCarthy coined the term Artificial intelligence in 1956 for the first time. AI refers to copying human intelligence, mental capacity, and the ability to acquire skills and knowledge and effectively put it into practice.
Machines, computer systems, and language processing applications already work based on AI, implying a set of software and hardware in which machine-learning algorithms were implemented. The most well-known programming languages resembling AI are Python and Java.
AI systems work based on tremendous amounts of training data. They analyze the data, establish patterns and correlations, and make predictions or create rules. The rules (commonly known as algorithms) are a basis for turning data into applicable information. Algorithms offer computing devices with detailed instructions for completing a desired assignment.
Things you must consider before forming an educated opinion on AI.
The one thing sci-fi flicks have taught us is that any technology can turn into a blessing or weapon of mass destruction in our hands. Though these two are extremities, we must explore the more subtle advantages and disadvantages of Artificial Intelligence.
What are the essential perks of AI?
For starters, the technology reduced repetitive actions and tasks due to automation. Secondly, it also reduced and virtually eliminated dangerous undertakings and human errors. Thirdly, Artificial Intelligence has facilitated substantially improved decision-making and boosted our productivity. And lastly, it can work flawlessly and without taking a break.
Why should we raise a red flag for AI?
To properly function, Artificial Intelligence needs lots of high-quality data (so much we can’t even fathom.) Otherwise, it is likely to bring a wrong decision. If AI malfunctions, it can affect thousands of online users, for instance, financially. Or self-driving cars from Tesla, Pony.ai, and Waymo can threaten their users if an inherent flaw goes unspotted and affects entire next-generation fully-automated vehicles.
Thanks to its heightened efficiency, Artificial Intelligence can reduce the human workforce considerably. As a result, many could lose their jobs if their domain is cyclical, monotonous, data-driven, or narrow in scope. Furthermore, technology has yet to reach the potential scientists claim it did. Because progress and development need substantial investments. For this reason, many companies still prefer working with humans.
Where is Artificial Intelligence used today?
Currently, AI is employed in various domains in everyday life! Spot Artificial Intelligence in standard software, such as voice assistants (Alexa, Siri, Cortana, Google Assistant, etc.), compatible with smartphones, laptops, and eco-friendly smart TVs! Financial fraud detection and face recognition apps also employ engineered intelligence.
Did you know that drones, assembly-line machines, crewless aerial vehicles (UAVs), and fully automated cars have already incorporated AI into their software and hardware?
Artificial intelligence optimizes the social media user experience.
AI has already made a massive splash in the world of social media, and you can, too, feel its benefits. Cutting-edge programs filter out fake news and customize your feeds based on your preferences. For instance, Twitter, Instagram, and Facebook use AI to combat racism, cyberbullying, and hate speech. So, your user experience will be maximized.
Social media platforms favor programs based on deep learning (a subdivision of machine learning), where algorithms can teach artificial neural networks to acquire new knowledge and improve on their own.
Can you tell whether you’re speaking with a person or a chatbot?
Healthcare, communication, scientific research, and sports are only a few domains that already use chatbots as 24/7 support. Chatbots imitate an actual person so faithfully that many can’t tell the difference. The trendiest chatbots, like Mitsuku, Right Click, Rose, and Insomno Bit, will answer the most common inquiries. However, AI chatbots are also present in social media messaging and website applications.
Suppose you wish to find a local restaurant quickly, address a question to a customer service representative, or manage refunds. In that case, chatbots will be your best bet to receive a quick fix to your problems.
Artificial Intelligence is all around you!
Artificial Intelligence is actively engaged in your everyday life, and you might not even know it. For example, food-ordering websites can send you notifications about your food preferences and reminders of specific hours when you’re most likely to want to grab a bite. Then, media streaming services (Netflix, Amazon, or YouTube) will recommend videos, films, and music based on your past experiences.
Banking, e-commerce, education (plagiarism detectors raining on students’ parade), transportation (Uber app), video games, navigation and travel (GPS), security, and surveillance all benefit from AI.
Is there economic potential in Artificial Intelligence?
You might wonder to what extent AI will increase in the future. Between 2015 and 2019, the number of companies using AI grew by about 270 percent. In 2022, about 35 percent of companies worldwide used engineered intelligence (based on statistics released by IBM.). Thus, they benefitted from increased profitability, productivity, and efficiency. No wonder that customer-engagement also boomed. At the same time, about 26 percent of small entrepreneurs used AI to boost their profits.
It was revealed that many companies seriously consider AI implementation because they’re under strain to cut employee-related costs.
Based on BusinessDit’s report, ninety percent of world-leading companies are engaged in AI technology investments. By 2026, AI will reach approximately $300 billion as an industry. Since 2000, AI startups have grown in number by about 14 times.
How will Artificial Intelligence reshape our world?
Let’s see exceptional examples of how technological breakthroughs and engineered intelligence will influence our future!
- By 2050, scientists foresee a world where AI analyzes your visual and audio content preferences. The technology will create custom-made films and music based on your tastes. Besides, it will be able to predict a film’s box-office success potential (reasonably accurately.)
- AI will assist doctors in prescribing proper medication for patients based on their lifestyle, environment, and genes. Also, tumors might be history.
- AI will enhance cybersecurity, so information breaches and terrorist attacks will be rare in the future.
- Self-driving trains and jetliners will be more and more widespread worldwide.
- Robots will help people in hazardous fields, such as mining and dealing with radioactive materials, industrial alpinism, and firefighting.
Technology and engineered intelligence surround us no matter where we go. As a result, we have become entirely dependent on automation. Due to our fast-paced lives, we can’t imagine our existence without internet banking, social media, online shopping, and streaming platforms. Nothing can stop Artificial intelligence as it powers virtual assistants, search engines, and sales decisions. Soon, humanoid robots or robot sapiens will also appear in mass to help us carry out our daily tasks.
In fact, we shouldn’t ask ourselves whether we should be terrified or embrace the concept of Artificial Intelligence. We’re way past the question’s relevance anyway. Instead, we must improve ourselves along with AI even more so we won’t find ourselves unproductive and useless. Plus, it would help if we refrained from giving ambiguous and misinterpretable commands to robots.