Artificial Intelligence: Challenges, Benefits, and Risks

Nowadays we hear a lot about artificial intelligence (AI), the term is often discussed in various media channels. It is new and trendy. Everyone is talking about the impact and implementation of this revolutionary technology. Yet, not many know the current stage it is now, not to mention, what benefits and risks it brings along. AI is an intelligence presented by machines it performs convoluted tasks as learning, analyzing, and conducting different processes. The technology is more advanced than its predecessors because it can produce similar “cognitive” functions to humans.

Enterprises around the world recognize artificial intelligence benefits for their brands. Many business leaders say that AI will be a vital part of the future business landscape. It’s hard to doubt the advantages of this innovation. Especially, when famous brands like Google, Facebook, Amazon, Tesla are successfully implementing AI. However, technologies of the future bring uncertainty, the doubt of the risks and benefits. In this article, we will review the pros and cons of artificial intelligence.

Benefits and Risks of Artificial Intelligence

Artificial Intelligence future seems promising: automated living, smart cities and houses, advanced health care, and many other enhanced areas. However, for it to thrive, we, as a human race, have to step up and find the most suitable methods to master the technology. At the current stage, it’s not completed, and along its benefits, AI can cause many risks.

Bill Gates, a co-founder of Microsoft, in his recent interview, stated that artificial intelligence could be compared with nuclear weapons. He grounds his opinion by saying that as much as this new technology is promising, we aren’t aware of how to properly deal with it. He said that without appropriate knowledge, AI becomes overwhelming and dangerous to society.

To have a better picture of both sides of AI, we listed the main advantages and threats of this innovation.

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