AI-powered world

“You look for prior patterns and use them to discover what the future may hold” Mike Teodorescu, Assistant Professor in the Information Systems Department at Boston College.
Three decades ago, the notion of AI would have poked horror feelings but now we live in an AI-powered century. Not sure the worldwide population is or will be ready for an entirely AI-powered world in the nearest future. All in all, AI has settled down in our day to day lives and why not it eases and allays our professional and household chores but are we ok to throw in the towel and swap our jobs with robots? Are we ok to see how the world becomes the horror movies which we’ve been watching lately? Well, McKinsey Global Institute and co-researchers estimate that in the future, 50 per cent of all tasks currently done by humans could be done by artificial intelligence, which will save 50 billion dollars. Some countries’ governments say the Law should regulate AI cause it’s a threat leading to the socioeconomic disbalance in the countries,i.e. the population will be divided into high-rank elite who will possess robots and those who won’t. Another angle of this topic is human labour replacement with robots. If only robots could be a helping hand that would be ok, but they’ve already replaced a myriad of professions by now, and a lot of companies are struggling to achieve Super AI which will be smarter than its creator. Now let’s get back to AI roots. The field of AI research was founded at a workshop held on the campus of Dartmouth College during the summer of 1956. (Wikipedia) Most of us know ML is a subset of AI. The form of Machine Learning we know today is part statistics and part of computer science. A lot of people who were formerly statisticians and mathematicians have brought their knowledge to the table. Well, we’ve come to the point of how many people in the world can digest and learn deep mathematics and statistics. Getting back from the roots let’s admit the more we sit and wait without imposing regulations the closer will be the above-mentioned plot. Say we have swapped our jobs with robots and what then? Some people argue that it’ll grant an opportunity to people to dig deeper into nonmechanical works, arts, etc. Or say most of us will learn machine learning and what then? If we make harsh parallels between AI and the situation of Covid-19 which was not an unpredicted circumstance cause number of people like Jeremy Konyndyk, former director of USAID’s Office of US Foreign Disaster Assistance under the Obama administration, Bill Gates, Dr Luciana Borio of the former White House National Security Council (NSC) team responsible for pandemics, have predicted such kind of a virus. And who cared for those warnings? According to the Daily Telegraph, the UK NHS hospitals and other services failed on several counts in a fictional outbreak scenario with ‘terrifying results’ that were kept from the public, back in 2016. Well, I’m not into banning AI or the like, vice versa AI has allayed our lives in dozens of times but let’s make AI regulations NOW unless robots make regulations for us! Speaking at the 2017 National Governors Association Summer Meeting, Elon Musk, an engineer, industrial designer and technology entrepreneur, who is involved in space exploration firm SpaceX and revolutionary car company Tesla, said that AI is the “biggest risk we face as a civilization”. He said: “Until people see robots going down the street killing people, they don’t know how to react because it seems so ethereal”. Yet in conjunction with these fears number of governments have started to pass laws regulating companies which use AI and collect people data for business purposes. For instance, in Vermont, US such companies must register with the state and disclose for what purposes are being used the collected data. The same is with the EU GDPR. Yet all the countries’ AI policies making is still in process.

References Wikipedia: Artificial intelligence www.bussinessinsider.com Harvard Business School- “Will Machine Learning Make You a Better Manager?” The Daily Telegraph-www.telegraph.co.uk

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