BENEFITS & RISKS OF ARTIFICIAL INTELLIGENCE

 

intelligence is the ability of a computer to perform tasks commonly associated with human beings. They can think like humans, act like humans, able to make decisions & so on.First of all, let's recall the definition of AI. 

Artificial

Artificial Intelligence Applications are everywhere around us if we see it. Such as alarm, Security systems in Banks, Attendance system, self-driving cars, Traffic monitor systems, robots, in hospitals COVID-19 Monitoring System and disease analysis and much more.

 Yet there are different opinions on AI development, whether it is replacing opportunities for humans or contributing in evolution to take it on greater heights. 

Now, coming to the main point, have a look at the Risks & benefits of Artificial Intelligence. 

 Benefits of Artificial Intelligence:

 For decades, the Evolution of AI is enhancing and enhancing in every field. let's discuss the benefits of AI!

 

• Less Human errors & risk:

 

As we know humans make mistakes and it is a common thing right! Computers don't do mistakes if they are properly programmed. As they are programmed from previous information and actions to act on it accordingly. 

 Because of that, the chances of mistakes are less, the safety of humans not needed and there are no limitations as compared to humans. Ultimately no risk of human injuries and mistakes. For protection purposes, Industrial Safety Equipment Detection using AI us used in companies.

 

• Availability:

 

Humans work for a fixed time in a day, we can't work 24*7, we need some time to take rest and get refreshed. Whereas AI has the ability to make machines that works 24*7 without taking a break at the same speed. Take an example of Mobile assistants in android and iPhones.

  

• Efficiency& Accuracy:

 

Machines are amazing at doing repetitive tasks with the same efficiency with accurate results. Even in medical fields, AI is very much useful for analyzing the serious condition of the human body and perform actions to minimize the risk of life.

 Scientists are working on machines to solve complicated equations and perform crucial tasks on their own.

 

• Less training cost:

 

Machines already decrease the cost of activities with their high efficiency and accuracy of doing work. As machines are being trained for everything by using codes & machine learning algorithms, there is no need for new code to learn new things. Whereas Human needs time and training whenever there is a new activity to perform. 

• Less Workforce:

 

As we know most of the businesses nowadays use machines in production, factories to perform tasks instead of humans. This way productivity is improved with more profit and fewer human jobs.

 

• Inventions:

 

Almost every field has AI Technology which helps to solve complex tasks on behalf of a human.  More of it, using advanced AI-based technologies doctors can foretell breast cancer in the woman at earlier stages. 

AI has invented so many applications for the medical field to know about the side effects of medicine, to detect the neurological disorder and monitor it, to operate the tumors & many others. 

Risks of Artificial Intelligence: 

 

• Creating Cost: 

With evolving AI, machines also need to be advanced and updated to work along. They also need maintenance, repair and also creating huge and complex machines costs plenty. 

• Unemployed Humans:

Robots have taken the place of humans in so many areas. They are performing most of the repetitive tasks in which no human is required more. Almost every company prefer machines over humans to increase their profit.

 

• Team Management: 

 

Although machines can work more efficiently than humans and get more profit, there is no such bond, like humans, do with each other in a team and that is the key when you work in a team. They do not have emotions.

 

• Fixed tasks: 

Humans do the tasks they are being assigned and if needed they can perform the task of others. They are not bound to a specific task. Whereas machines are programmed to perform specific tasks only. If we tried to make them perform other tasks, they will give you an irrelevant result or nothing. 

Conclusion

 

So the sum of all, everything has two sides, just like Artificial Intelligence. There is no second thought on how our life becomes so easy with Artificial Intelligence Softwares and applications.  

Any new invention comes with both whether we agree or not. But AI implementation can be negative if it is not used for a good purpose.   

What's your opinion? Let us know.