The globe is expanding in this age of invention, and so are technological advances. New technologies, such as artificial intelligence and machine learning, are born as a result of invention. These innovative inventions then help to progress the course of work in enterprises and in general.
Furthermore, these breakthroughs have created opportunities for many people who now provide artificial intelligence services and other services. But the question is whether the technological revolution has an influence on the change in employment as well, have any people lost their jobs as a result of the process?
WHAT IS ARTIFICIAL INTELLIGENCE?
Computers are obviously faster when it comes to computation and analytical abilities, but computers cannot make decisions on their own, that is, they do not have the ability to make a decision. Artificial intelligence is the ability of computers to make decisions based on their own intellect. Nowadays, AI has numerous applications in practically every industry, which appears beneficial and is displacing human occupations, which may be deemed negative. It's fascinating to speculate about what our future may look like with this incredible progress of AI.
Future of AI
AI has spread to practically every industry, and we will explore the future of AI in the following important fields.
1. HealthCare
AI has the potential to diagnose sickness based on symptoms; even if you don't go to the doctor, AI would scan data from a fitness band/medical history of a person to evaluate the pattern and prescribe correct medicine, and even deliver it on one's fingers simply by cell-phone.
2. Finance
An AI system might consider a large number of variables while determining the best approach to handle funds. It would be more effective than a human manager. AI-driven approaches in finance will disrupt traditional trading and investment practices. It might be terrible for certain fund management organizations that cannot afford such facilities, and it could have a major impact on business because the choice would be made quickly and abruptly.
3. Education
The level of education received by youngsters determines a country's progress. nowadays, we can observe that there are several AI courses available. However, in the future, AI will change the traditional method of schooling. The education system has the potential to be highly effective if it is tailored to the individual's personality and abilities.
4. Military and Cybersecurity
AI-assisted military technologies have developed autonomous weapon systems that do not require humans at all, resulting in the safest approach to improving a nation's security. In the near future, we may witness military robots that are as intelligent as soldiers/commandos and can do various functions. AI-assisted tactics would improve mission efficacy and give the safest means to carry it out.
The threat of Artificial Intelligence on Jobs
The threat of artificial intelligence to the labour market is mounting, particularly considering the quick rate at which AI appears to be evolving. The concept of 'bottom-up' learning - the capacity for a machine mind to react in a situational manner rather than merely following algorithms - is one of the most difficult difficulties for any artificial intelligence.
It is the lack of emotional intelligence in AI that gives humans an advantage over machines. However, if we are to compete in the future, we must keep our skill set up to date.
© Vygr Media Private Limited 2022. All Rights Reserved.
© Vygr Media Private Limited 2022. All Rights Reserved.
