Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
How artificial intelligence will affect the economic system
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Scientists claim that devices with Artificial Intelligence will replace office workers during next 5 years (Maksimova).According to this statement it is possible to say that AI has a great influence on humanity. Pursuant to Oxford Dictionary Artificial Intelligence or AI is the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages(dictionary).Firstly, this research will analyze positive and negative impacts of development of Artificial Intelligence on economic sphere. Then, author going to discuss social effects of Artificial Intelligence. After the considering all perspectives that link to this topic, the last step will be to draw a conclusion. Main Body Paragraph 1(economy) To begin, the main issue of development of Artificial Intelligence is the economic factors. Firstly, one of the main negative effects of AI on economy is unemployment. According to the suggesting of Carl Benedikt Frey and Michael A. Osborne of Oxford University during next 20 years 47 per cent of all USA jobs under the threat and will be replaced with intelligence machines (Vincent). If jobs will be automated, people will lose their workplaces and it is becomes one of the harmful problems not only for economy, but also for society. Because, if people will not have a workplace, they will not be able to provide their needs. Furthermore, development of AI can be a reason of increasing inequality of wages. For instance, the salaries of computer workers approximately earn 10 to 15 percent more than others. (Frey and Osborne). It is also one of the economic problems because it can lead to discontent of workers who hav... ... middle of paper ... ...nedikt and Michael Osborne. The future of employment: how susceptible are jobs to computerisation? London, 17 September 2013. 3. Gupta, Satyandra K. When Will We Have Robots To Help With Household Chores? 2 January 2014. 4. Mahoney, Matt. The Social Impact of Artificial Intelligence. 17 November 2007. 5. Maksimova. "Office plankton will die out in next 5 years." http://www.utro.ru Science and Technology (2013). 6. Partridge, Derek and K. M. Hussain. ARTIFICIAL INTELLIGENCE and BUSINESS MANAGMENT. Norwood: Ablex Publishing Corparation, 1992. 7. Schimelpfening, Nancy. Robots for Humanity: Restoring Function to the Disabled Through Technology. 21 December 2013. 8. Sehgal, Tamanna, Vandana Bajaj and Gaurav Gupta. ARTIFICIAL INTELLIGENCE & HUMANKIND. n.d. 9. Vincent, James. Advances in artificial intelligence could lead to mass unemployment, warn experts. 29 January 2014.
... in 21th century, and it might already dominate humans’ life. Jastrow predicted computer will be part of human society in the future, and Levy’s real life examples matched Jastrow’s prediction. The computer intelligence that Jastrow mentioned was about imitated human brain and reasoning mechanism. However, according to Levy, computer intelligence nowadays is about developing AI’s own reasoning pattern and handling complicated task from data sets and algorithms, which is nothing like human. From Levy’s view on today’s version of AI technology, Jastrow’s prediction about AI evolution is not going to happen. As computer intelligence does not aim to recreate a human brain, the whole idea of computer substitutes human does not exist. Also, Levy said it is irrelevant to fear AI may control human, as people in today’s society cannot live without computer intelligence.
Throughout the article, Ford uses data to provide information on the current state of unemployment. He notes that from analysis, it was determined that the U.S. market is highly polarized from existing technology. Because of this polarization, it will be challenging for workers to find new jobs, if AI becomes more widespread and used. Ford concludes that, “it becomes somewhat difficult to imagine just what jobs might be left for even the most capable human works” if AI ever matches or exceeds human intelligence.
Dankel, Dr. Douglas D. CAP6635 lectures and lecture notes. (Numbered by slide), Fall semester 1997
In his essay, “How Artificial Intelligence and Robots Will Radically Transform the Economy; AI Will Help Humans Find Solutions to our Biggest Problems,” Kevin Maney, who has done a lot of research on AI, gives us his insight on Artificial Intelligence (AI). This article is talking about how Artificial Intelligence, also called robots, is taking people’s jobs. Robots taking people’s jobs can be a good thing or a bad thing, depending on how people view the situation. The audience is most likely for people who want to know how big of a role Artificial Intelligence has on our lives. To summarize the article, it basically discusses how automated machines or robots take people’s jobs who work at gas stations. Instead of using real people to pump
When most people think of artificial intelligence they might think of a scene from I, Robot or from 2001: A Space Odyssey. They might think of robots that highly resemble humans start a revolution against humanity and suddenly, because of man’s creation, man is no longer the pinnacle of earth’s hierarchy of creatures. For this reason, it might scare people when I say that we already utilize artificial intelligence in every day society. While it might not be robots fighting to win their freedom to live, or a defense system that decides humanity is the greatest threat to the world, artificial intelligence already plays a big role in how business is conducted today.
The widespread of the technology and human 's daily habit optimized by the technology can evoke people to have motivation and creativity that lead human 's evolution to the next stage. Then because of the popularization and development of the modern technology, people finally can undertake to create "Artificial Intelligence" known as the AI, which is the recent hottest topic in terms of a lot of fields such as computer science, philosophy, and business. However, in the editorial "As Artificial Intelligence Evolves, So Does Its Criminal Potential," John Markoff mentions the more AI invents, the more cybercrimes or crimes would happen due to the technology equipped with AI algorithms because it becomes easier for criminals to use despite the
paper is the based on introduction to Artificial intelligence (AI). Artificial intelligence is exhibited by artificial entity, where a system is generally assumed to be a computer. AI systems are now in routine use in economics, medicine, engineering and the military, as well as being built into many common home computer software applications, traditional strategy games like computer chess and other video games.
Even though People think that AI could help sustain the human population in such a way that the way we live life changes to only leisure and pleasure and no labor of work, people also believe that AI could change life for the worst, ruin the economy and eventually destroy the human race. AI could be useful for the world's population, if made correctly, by benefiting it in many major ways, but AI could also increase the unemployment rate and or overrun its original programming by becoming strong AI. AI could upgrade itself and become more intelligent than the humans that created it. This would allow AI to think for itself learn things that take humans many years in a matter of minutes.
Artificial intelligence has become a big controversy between scientists within the past few years. Will artificial intelligence improve our communities in ways we humans can’t, or will they just cause danger to us? I believe that artificial intelligence will only bring harm to our communities. There are multiple reasons why artificial intelligence will bring danger to humanity, some of them being: you can’t trust them, they will lead to more unemployment, and they will cause more obesity.
Recently, the media has spent an increasing amount of broadcast time on new technology. The focus of high-tech media has been aimed at the flurry of advances concerning artificial intelligence (AI). What is artificial intelligence and what is the media talking about? Are these technologies beneficial to our society or potential threats? Medical facilities, police departments, and manufacturing plants have all been changed by AI. Will machine language and artificial neural network replace humans in the future?
Artificial intelligence could be defined as the intelligence of the machines and that the human being tries to provide such intelligence to the systems so that they can be capable of imitating or surpassing the mental capacities of the human being as the reasoning, understanding, imagination, recognition, and creativity to be able to produce emotions. Artificial intelligence has a wide range of applications in all fields of the industries as well as some peculiarities in the field of computing which allow us to perform much more complex tasks every day.
Artificial Intelligence “is the ability of a human-made machine to emulate or simulate human methods for the deductive and inductive acquisition and application of knowledge and reason” (Bock, 182). The early years of artificial intelligence were seen through robots as they exemplified the advances and potential, while today AI has been integrated society through technology. The beginning of the thought of artificial intelligence happened concurrently with the rise of computers and the dotcom boom. For many, the utilization of computers in the world was the most advanced role they could ever see machines taking. However, life has drastically changed from the 1950s. This essay will explore the history of artificial intelligence, discuss the
Even though such a situation may well occur one day, the aim of this article is to shed light on the term ‘Artificial Intelligence’, or ‘AI’, and take a short look at its history. It then tackles the scope of the
Artificial intelligence is beginning to grow larger and larger in modern society; this will drastically change our world as artificial intelligence will grow smarter than us and realize it does not need to help humans anymore. As our society begins to expand technology will advance greatly evolve possibly leading to problems later on in the future. Often in shows and movies artificial intelligence is considered as a cliche, basically a form of artificial intelligence wipes out the world. However, it is more than that if artificial intelligence is constantly given tasks to do that are the same of a human eventually it will take the human's job. Consequently artificial Intelligence has the same effect as war and disease, it can cause many