AI comes with its wide set of pros and cons, in this blog, we discuss them in details.
You must have definitely come across terms like Artificial Intelligence, Machine Learning or big data lately. Social media is quite abuzz about what AI is capable of and how it will impact humans in the long run.
Are you intrigued by Artificial Intelligence? Do you want to know more about it, how it works and its pros and cons? You’re just at the right spot. Here we have compiled everything that you need to know about AI. Let’s dive in.
AI (Artificial Technology) refers to technology that allows computer systems to execute tasks that are generally performed by and associated with humans. These actions include prediction, problem-solving, speech interpretation, object identification and more.
In 1950, Alan Turing introduced ‘Computing Machinery and Intelligence’. He brought in the Turing Test which technically made the world aware of a technology that we now know as AI.
John McCarthy is the Father of AI. He was an American cognitive scientist and computer scientist. McCarthy is one of the founding fathers of AI as a discipline of study. He was one of the participants at the Dartmouth conference of 1956 where the term ‘Artificial Intelligence’ was coined.
Elaine Kent is the Mother of Artificial Intelligence. She is a former professor at Carnegie Mellon University who made significant contributions to AI since 1970s. Other notable female AI scientists and researchers include Ada Lovelace, Fei-Fei-Li, and Leslie Kaelbling.
The most compelling reason to use AI is that these systems help in faster and more efficient data analysis. This can help in improved data pattern recognition for superior outputs. Overall, AI can help us use bulk data for better business decisions.
Technically, Artificial Intelligence is just about coding. AI involves coding by humans using available data to make computer systems analyse data and learn human behaviour.
Major advantages of AI include automation of tasks, help in medical diagnosis, data analysis, data visualisation, medical diagnosis, and more. On the downside, drawbacks include privacy and ethical concerns, cybersecurity risks, bias, and human replacement.
AI right now is a highly beneficial tool to human beings. However, it has its own drawbacks that require our attention and intervention. Contrary to some reports and opinions, AI is unlikely to be an existential threat to mankind.
There have been reports that AI could pose a serious threat to humans. In 2023, various researchers and leaders connected with the field of AI signed an open letter. They unanimously agreed that AI could surpass humans as they become more advanced and autonomous.
With governments and businesses gradually delegating major tasks to AI, they can one day take decision-making away from humans.
In the near future, businesses and governments will work to implement AI in untapped sectors. These will include retail marketing, law enforcement, cybersecurity, transportation, fintech and healthcare. AI will be incorporated with ML, IoT and other disruptive big data tech.
Python is often a preferable choice among developers working on AI projects. It is ideal for all-round project development. Other popular programming languages include Java, C++, and JavaScript.
A recent report by Goldman Sachs reveals that AI might potentially replace 300+ million full-time jobs globally. AI will simplify operations for businesses across multiple verticals. However, this will impact various jobs as more tasks become automated with AI.
Artificial Intelligence is disruptive, world-changing, and revolutionary but it has major drawbacks. These include increased privacy violations, deepfakes, algorithmic bias, and job loss due to automation. Other issues will be market volatility, weapons automatisation, etc.
IBM Watson from IBM is often considered the smartest AI. It is popular for its wide range of learning capabilities and to adapt over time. Google AlphaGo is also another smart AI.
Yes, AI has the capability to build another AI. Since 2017, the world has witnessed instances where an AI has created another AI or ‘Child AI’. However, to create Child AI, the parent AI is designed for the sole purpose of building another AI.
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