Dangers of unregulated artificial intelligence

Artificial intelligence (AI) is often touted as the most exciting technology of our age, promising to transform our economies, lives, and capabilities. Some even see AI as making steady progress towards the development of'intelligence machines' that will soon surpass human skills in most areas. AI has indeed made rapid advances over the last decade or so, especially owing to the application of modern statistical and machine learning techniques to huge unstructured data sets. It has already influenced almost all industries: AI algorithms are now used by all online platforms and in industries that range from manufacturing to health, finance, wholesale, and retail. Government agencies have also started relying on AI, particularly in the criminal justice system and in customs and immigration control.