Evolution Of AI: A Boom Or A Curse For The Humankind!

INTRODUCTION TO ARTIFICIAL INTELLIGENCE

Artificial Intelligence has grown into a formidable tool in recent years allowing robots to think and act like humans. Furthermore, it has attracted the attention of IT firms all around the world and is seen as the next major technological revolution following the growth of mobile and cloud platforms. It’s even been dubbed the “4th industrial revolution” by some. Researchers have developed software that uses Darwinian evolution ideas, such as “survival of the fittest,” to construct AI algorithms that improve generation to generation with no need for human intervention. The computer was able to recreate decades of AI research in only a few days, and its creators believe that one day it will be able to find new AI techniques. In this article, we will learn about how AI is evolving day by day.

HISTORY OF ARTIFICIAL INTELLIGENCE

Despite artificial intelligence has been present for millennia, it was not until the 1950s that its real potential was investigated. A generation of scientists, physicists, and intellectuals had the idea of AI, but it wasn’t until Alan Turing, a British polymath, proposed that people solve problems and make decisions using available information and also a reason. The difficulty of computers was the major stumbling block to expansion. They needed to adapt fundamentally before they could expand any further. Machines could execute orders but not store them. Until 1974, financing was also a problem. By 1974, computers had become extremely popular. They were now quicker, less expensive, and capable of storing more data.

AI IN THE PRSENT

Artificial intelligence is being utilized for so many things and has so much promise that it’s difficult to imagine our future without it, related to business. Artificial intelligence technologies are boosting productivity like never seen before, from workflow management solutions to trend forecasts and even the way companies buy advertisements. Artificial Intelligence can gather and organize vast volumes of data in order to draw inferences and estimates that are outside of the human ability to comprehend manually. It also improves organizational efficiency while lowering the risk of a mistake, and it identifies unusual patterns, such as spam and frauds, instantaneously to alert organizations about suspicious behaviour, among other things. AI has grown in importance and sophistication to the point that a Japanese investment firm became the first to propose an AI Board Member for its ability to forecast market trends faster than humans. Artificial intelligence will indeed be and is already being used in many aspects of life, such as self-driving cars in the coming years, more precise weather forecasting, and earlier health diagnoses, to mention a few.

AI IN THE FUTURE

It has been suggested that we are on the verge of the 4th Industrial Revolution, which will be unlike any of the previous three. From steam and water power through electricity and manufacturing process, computerization, and now, the question of what it is to be human is being challenged. Smarter technology in our factories and workplaces, as well as linked equipment that will communicate, view the entire production process, and make autonomous choices, are just a few of the methods the Industrial Revolution will lead to business improvements. One of the most significant benefits of the 4th Industrial Revolution is the ability to improve the world’s populace’s quality of life and increase income levels. As robots, humans, and smart devices work on improving supply chains and warehousing, our businesses and organizations are becoming “smarter” and more productive.

AI In Different Industries 

Artificial intelligence (AI) may help you enhance the value of your company in a variety of ways. It may help you optimize your operations, increase total revenue, and focus your staff on more essential duties if applied correctly. As a result, AI is being utilized in a variety of industries throughout the world, including health care, finance, manufacturing, and others.

Health Care

 AI is proven to be an uplift in the healthcare business. It’s enhancing nearly every area of the industry, from data security to robot-assisted operations. AI is finally providing this sector, which has been harmed by inefficient procedures and growing prices, a much-needed facelift.

 Automotive Self-driving vehicles are certainly something you’ve heard of, and they’re a hint that the future is almost here. It’s no longer science fiction; the autonomous car is already a reality. As per recent projections, by 2040, roughly 33 million automobiles with self-driving capability are projected to be on the road.

 Finance

 According to experts, the banking industry and AI are a perfect combination. Real-time data transmission, accuracy, and large-scale data processing are the most important elements driving the financial sector. Because AI is ideal for these tasks, the banking industry is recognizing its effectiveness and precision and incorporating machine learning, statistical arbitrage, adaptive cognition, chatbot, and automation into its business operations.

 Transportation And Travel

 From recommending the best route for drivers to arranging travel reservations remotely, AI has now become a gigantic trend in this business. End consumers are finding it easier to navigate thanks to artificial intelligence. Furthermore, travel businesses that integrate AI into their systems profit from smartphone usage.

E-Commerce

Have you ever come upon a picture of clothing that you were hunting for on one website but couldn’t find on another? Well, that is done by AI. It’s due to the machine learning techniques that businesses employ to develop strong client connections. These technologies not only personalize customers’ experiences but also assist businesses in increasing sales.

AI RESEARCH

AI research is ongoing and expanding in today’s world. AI research has grown at a pace of 12.9 percent annually over the last five years, as per Alice Bonasio, a technology journalist. China is expected to overtake the United States as the world’s leading source of AI technology in the next 4 years, having overtaken the United States’ second position in 2004 and is rapidly closing in on Europe’s top rank. In the area of artificial intelligence development, Europe is the largest and most diverse continent, with significant levels of international collaboration. India is the 3rd largest country in AI research output, behind China and the USA.

A BOOM OR A CURSE

Many people have said that the coming of AI is a blessing as well as a curse. Most people call it a bane and claim that the coming era of technology and AI will be the destruction of humans which might be right to some extent because almost all the jobs are being taken over by robots. People are facing crisis over jobs and call it ‘robots trying to take over the world and control the world’ while opposing arguments state that people are just being too ‘insecure’ and ‘calling their incompetence out on AI’. Which probably might not be wrong as well.

 However, the concept of world domination by AI is a highly debatable topic about which everyone has mixed feelings about. AI developers are stating and claim that AI is for the people and for the help of people, it is to make people’s job easier and help them out, but are they really though? There is a corresponding rise in AI-created accidents, near misses and even death. Such incidents, ranging from self-driving car accidents to chat systems creating racist content, are set to increase rapidly, according to experts tracking AI problems.

There have been about Overall, there are over 500 incidents, and as the chart below shows, they are increasing rapidly. For 2022, the database has 90 incidents. For just the first three months of 2023, there are already 45, meaning that at the current rate, we are on track for around 180 in 2023—if the use of AI stayed constant, which it clearly is not.

 Sean McGregor, founder of the AI Incident Database project, and a Ph.D. in machine learning, told Newsweek that “we expect AI incidents to far more than double in 2023 and are preparing for a world where AI incidents are likely to follow some version of Moore’s law.” If this is the case what really is AI, a blessing or curse? We all know how technology has overtaken most of the jobs and pains. As they continue to strive through with extraordinary features to help people out, which no doubt they do, but at what cost?

For as simple as answers and foods, a person doesn’t has to go out of their way and research it, they can just get it through technology. If this continues, where the smallest and tiniest of things are done by technology, would a human’s body live through? Without the sun, deficiency of Vitamin D, and psychological issues, such as anxiety, poor mood, and decreased well-being.

CONCLUSION

Ultimately AI can be boom for some and curse for some. But one thing for sure it is gradually taking over the world. Now it's upto the people how they use this new technology in a way which will be beneficial to them and not harming them. We have to adapt to the new changes and use it in our favour to enhance our knowledge that brings prosperity to us and generations after.