Today, we all hear about one of the most trending technology i.e. Artificial Intelligence. Now Artificial Intelligence uses in everywhere. Without this technology and businesses is nothing. We can say that Artificial Intelligence is one of the emerging technology which try to mimic like a human in an AI system. It is a revolutionary technology that rapidly implementing in every sector and bringing new phases and innovations and also, for a long time, it has been a dream for humans to create such machines that have the capacity to make decisions on their own and act the same as humans and they successfully create machines which act as same as humans and ability to take decisions and responses. AI is the ability of a computer program to learn and think.
Artificial
Intelligence is the growing technology in this technological era. As per the report, the global Artificial Intelligence technology market revenues
rising from around $10 billion to $126 billion by the year 2025.
But
everyone is talking about the impact and implementation of this AI technology
but many of us don’t know the actual stage of AI and what is the benefits and
risks will rise in near future.
Companies
around the globe take benefits of Artificial Intelligence for their Brands.
Many business leaders say that artificial intelligence will be a key part of
the business landscape of the future. The advantages of this innovation are
hard to doubt. Particularly when popular companies such as Google, Facebook,
Amazon and Tesla are successfully implementing Artificial Intelligence.
However, these
AI technologies of the future bring uncertainty and doubt about the risks and
benefits.
So
let us discuss the benefits and risks of Artificial Intelligence:
How AI can be beneficial?
Helping in Repetitive tasks:
AI
systems take care of all Repetitive and routine tasks, enabling resources to
focus on tasks that add value to their company which serves as a game-changer
for SMBs and in our daily lifestyle also, we perform so many
repetitive works, such as verifying certain documents for mistakes, replying to
mail, etc. Using AI technology, without repetition, we can automate these
repetitive tasks and can also eliminate the tedious work for humans.
Improve Work Efficiency:
AI-powered
systems are well equipped to carry out any role that humans perform. Using AI
technology, marvelous work efficiency is ensured. AI machines correct human
mistakes and achieve the best business outcomes. Unlike humans, machines can work
round the clock without any break, and without incurring any additional cost it
can perform essential tasks. For Example, Instead of hiring employees for day
and night shifts of works for taking care of customer’s inquiries, Organisation
deploys AI-powered
chatbots to provide aid and assistance to customers with queries.
AI takes Faster Decision:
Nowadays,
Machines can takes faster decisions than humans. we can use Artificial
Intelligence to make machines make decisions faster than a human and perform
actions faster. Humans will Analyze while taking decisions, but the
AI-powered machines operate on what it is programmed for and produce the
results more quickly. One of the biggest examples is chess games on the
computer. It is impossible to beat in the hard mode and these things possible
only because of the AI algorithms behind in that game.
Reduces Operational Costs:
Artificial
Intelligence uses machine learning algorithms like Deep Learning and neural
networks to learn things like we humans do. AI devices that optimise their
machine learning skills so that they learn about new processes much more
quickly.This would make the cost of training robots much lower than that of
humans. In addition, robots are now reducing the cost of operations with their
high work performance and accuracy.
High accuracy in Tasks completion:
AI
reduces human errors and perform any tasks with high accuracy. With Artificial
Intelligence, decisions are made using a certain set of algorithms from the
knowledge previously collected. So mistakes are minimized and the probability
of achieving accuracy with a greater degree of precision is a possibility. Healthcare
sectors take a big advantage of Artificial Intelligence. These sectors already
adopted AI-based Robots and these robots reliably identify life-threatening
diseases and even conduct operations to save human lives.
Improve work processes:
The
advantages of using the AI-powered computer are that it enables us to collect a
large amount of work-related information. This data is important to an
organization's growth as it allows getting into deep insights and a detailed
quantitative analysis to be carried out for further optimization. The AI-based
machine-learning abilities enable their abilities to carry out self-analysis in
the most efficient way possible.
How AI can be Risky?
High Cost of Creation:
On
the other hand, certain limitations can be created by artificial intelligence.
High-cost creation is one of the main challenges for every business. AI
itself is a complex mechanism, so it takes a lot of money to build and install
it in businesses. After installation, you have to require maintenance and
the maintenance of the AI machine also required a high cost.
Making Human Lazy:
Nowadays
human totally depends on machines which cause less physical works of human and
Artificial Intelligence makes people lazy with its app that automates most of
the tasks. Human beings are likely to become addicted to these advanced
technologies, which may create a problem for future generations.
Misuse can lead to severe threats:
Machines
can be programmed with the intention of killing, being a threat to other
nations that do not have the same technological advances. Many people can use
Artificial Intelligence for threatening others not only on the ground but also
technically like cyber attacks. The misuse of autonomous weapons controlled by
AI could cause mass destruction. This means that if autonomous weapons are in
the wrong hands then it will be a big disaster.
Invasion of Privacy:
With the help of Artificial Intelligence Spyer can track our privacy. For Example,
With the home assistant like Alexa and Google Home listing in it to user
conversation and based on this they can track our conversation and chatbots
and may steal our data and information. Not only this they can also steal our
private data from our devices which can lead to huge loss and
destruction.
AI-Powered
devices can store and gather large amounts of users data and these AI devices
can use your personal information and data without your permission which spyers
and hackers can take advantage of it.
Conclusion
We
all know that AI-powered devices helps us in many ways but every things have
some merits and demerits. It give many advantage but also it has so many risks.
But in coming days it will bring big revolution in every sectors and it is the
biggest booming technology. Also as per the recent news, Microsoft and AICTE
have partnered to empower students and educators in new-age technologies, and
this technology including Artificial Intelligence, IoT, cloud computing, etc.
So you can predict the rising demand for this technology in near future.
So
these are the benefits and risks of Artificial Intelligence but if you want to start your career in Artificial Intelligence and want
to do a course then join “Nearlearn”. Nearlearn is the Foremost Artificial Intelligence Training Institute in Bangalore and also the best Machine Learning Training Institute. They provide highly skilled trainers
having 10+ years of industry experience in these filed. They provide both online
training and classroom training facilities. After completion, of course, they
help you to get placement in various companies and also provide internship
facilities to their students.
For
more information contact us:
Visit:
www.nearlearn.com
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