AI technology is increasingly becoming more commonplace and available. From self-driving cars to personal assistant software such as Siri, AI will soon be a much more relevant part of our daily lives. On the surface, with all of the potential that AI has to offer, it may seem that it is in everyone's interests to continue its development and advancement. However, there are growing concerns and the over looming sentiment that the arrival of AI will surely usher in the day where us humans will be rendered obsolete – superseded by machines whose intelligence far exceed our own. How rational is this fear, though?
This post highlights some of the possible economic implications of the so-called "Fourth Industrial Revolution" -- whereby the use of new technologies and artificial intelligence (AI) threatens to transform entire industries and sectors. Some economists have argued that, like past technical change, this will not create large-scale unemployment, as labour gets reallocated. However, many technologists are less optimistic about the employment implications of AI. In this blog post we argue that the potential for simultaneous and rapid disruption, coupled with the breadth of human functions that AI might replicate, may have profound implications for labour markets. We conclude that economists should seriously consider the possibility that millions of people may be at risk of unemployment, should these technologies be widely adopted.
Internet experts and highly engaged netizens participated in answering an eight-question survey fielded by Elon University and the Pew Internet Project from late November 2013 through early January 2014. Self-driving cars, intelligent digital agents that can act for you, and robots are advancing rapidly. Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than they have created by 2025? Describe your expectation about the degree to which robots, digital agents, and AI tools will have disrupted white collar and blue collar jobs by 2025 and the social consequences emerging from that. Among the key themes emerging from 1,896 respondents' answers were: - Advances in technology may displace certain types of work, but historically they have been a net creator of jobs. This page holds the content of the survey report, which is an organized look at respondents elaborations derived from 250 single-spaced pages of responses from ...
For decades now, scientists and theologians alike have surmised just how much technology would be able to achieve in the coming future. Today, most of the concepts that were considered speculative have been achieved, and breakthroughs in the artificial world are happening more rapidly than ever before. The definition of artificial intelligence itself has changed significantly from what it was, seeing as computer systems are rapidly evolving and can now perform tasks that are beyond human limitations.
Intelligence is man's most potent weapon. If not for it, we would have remained just another species. The unique kind of intelligence we possess gives us dominion over everything else. Granted, when Mother Nature shrugs or sighs with an earthquake or a hurricane, man's vulnerability is starkly exposed, but humans negotiate the reality of existence better than other species by learning from experience, solving complex problems, and uncovering patterns that lie deep in nature's womb. From the discovery of fire to the invention of the microprocessor, the spark of human ingenuity has always served to make life safe, productive and convenient.