AI and Artificial Intelligence is affecting and will influence the future and growth of almost all the major sectors of the economy. The key driving force behind new technologies such as robotics, big data and the Internet of Things is proving to be this (IoT).
What is Artificial Intelligence?
Artificial Intelligence is any activity that a machine can perform beyond the abilities of human beings to think and act. Most importantly, the machine requires human intelligence for proper functioning. The Machine Learning applications are varied, however, the idea that few hold that lingers large about AI replacing jobs may not be an immediate threat as yet.
Different Sectors Embracing AI Artificial Intelligence
Artificial Intelligence in Healthcare
AI and Blockchain
PwC has predicted that by the year 2030, as much as $15.7 trillion will be pooled into the world economy and AI is the attributing factor.
Gartner’s prediction states that by the year 2030, the business value that will be added due to blockchain technology is anticipated to be $3.1 trillion.
Blockchain is a ledger that is decentralized and is a storage of encrypted data. And AI is the driving force that will allow this to happen.
Dangers of AI and Artificial Intelligence
Just as AI or Machine learning offers a wide range of beneficial aspects, the dangers of AI cannot be overlooked.
Security of data
Firstly, enterprises have the responsibility to generate data. These data already are subjected to data abuse. This causes the so-called “data lakes”
Decrease or weakening human cognitive abilities
Secondly, The biggest fear is the redundancy of human beings or a decrease in human cognitive abilities. This will result if there is too much dependence on machine learning abilities.
Loss in the ability to think and act
Thirdly, Artificial intelligence are superseding human beings in the ability to think, act, and take decisions, it might lead to humans losing their capacity to sense, think, and analyze.
However, these drawbacks or the dangers are within the ability of human beings to control and alter.