Gone are the days when “machines with human intelligence” were only found in science fiction. Today, AI has become quite a real thing that has a more significant impact on our routine and working lives. Whether it’s Siri on your iPhone, Alexa in your home, or personalization filters in Google and Facebook, AI is everywhere. No wonder that we are talking about self-driving cars and delivery by drones. And it’s not unimaginable to send robots to war soon.
For a quick refresher—AI or artificial intelligence, sometimes known as machine learning or machine intelligence, is the technology that can mimic human intelligence in tasks like decision-making, speech recognition, personalization, visual perception, and translations.
The impact of AI on the world is evident.
However, each technology has its pros and cons. Whereas AI is useful in simplifying tasks and minimizing human interference, the technology is believed to eat jobs and rule the world by manipulating the human race in the near future. Here we have come up with such advantages and disadvantages of artificial intelligence.
Here are the Pros of Artificial Intelligence…
AI Can Simplify the Tasks:
Many of the tasks are repetitive, hindering the workflow and productivity as well. AI can automate those tasks across the organizations, freeing up workers to get focused on their core tasks. For example, AI can automate customer support by handling repetitive or instruction messages.
AI Can Work for an Indefinite Period:
Human workers can work for typically 8-10 hours at a stretch. On the other hand, AI can work for an indefinite time with uninterrupted power delivery and proper maintenance.
AI Can Ensure More Accuracy:
As AI is programmed to do work in the same pattern, they can do work without causing errors. For example, a human is more likely to make mistakes with complicated account math. However, an automated account tool can calculate any digit number flawlessly.
AI Can Be Used By Anyone:
Today’s AI is easy to use. With home automation, a bill on energy and thermostat can be saved. Augmented reality lets consumers view items in the comfort of their place.
AI Can Be Used in Risky Situations:
One of the critical advantages of AI is its usage in risky operations. Several places have their risks. Having a manual workforce might make someone’s life prone to risk. Instead, robots and AI machines can help overcome this and are a significant impact of AI.
AI Can Be Useful in Decision Making:
A machine has no emotions, making it useful when it comes to making quick decisions. For example, the integration of AI tools in the healthcare industry has enhanced the efficiency of treatments by reducing the risk of false diagnosis.
What are the Cons of Artificial Intelligence?
AI is Costly:
AI is an expensive technology. Although the cost has come down over the years, some developments can be as high as 400,000 SGD for a basic AI. For small enterprises running on a tight budget, it might be challenging to get AI requirements funded. For larger enterprises, the cost of AI can go upward, determined by the project’s needs.
AI Can Eat Up Jobs:
The biggest (speculated) threat associated with AI is that it can replace human workers. From customer support, data feeding to standard processes, AI is being prepared to automate everything. And this can lead to a massive job loss.
AI is Not That Creative:
AI is excellent for doing logical tasks. But it’s not a great fit for doing creative tasks. For example, AI is not as efficient as a human mind when it comes to creative tasks like drawing or writing. There is no empathy, as well. Therefore, a human will be needed there to handle this shortcoming in AI.
So these are some advantages and disadvantages of artificial intelligence. To weigh down its downsides, AI is required to be more focused and humanized as well. The good thing is that we can expect AI to be more beneficial, thanks to the rigorous development work being done on the technology on a global scale. AI can transform our lives. What do you think? Do you have something to tell about the merits and demerits of AI? Let us know by commenting below.