People and AI – The Good, Bad and Ugly

Artificial Intelligence/Machine Learning have become far more effective and matured in recent years, thanks to rapid advancements in artificial intelligence and cutting-edge technologies. AI/ML systems are amazing learners because they are constantly improving and becoming smarter than humans, allowing them to make predictions with little or no human intervention. With the growing adoption of AI, IDC's latest forecast on AI market's worldwide revenues, which includes software, hardware, and services are estimated to grow 16.4% year over year in 2021 to $327.5 billion. However, nothing in this world is perfect and has unintended consequences. The power of such technologies can be easily abused or exploited.