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The Debate Over ChatGPT; The Good, The Bad And The Ugly
Automation is another way AI can be used to make devices more efficient and easier to use, automating tasks like setting reminders, scheduling appointments, and adjusting settings based on user preferences.
AI can also enhance the capabilities of augmented reality (AR) technology by providing more accurate and realistic virtual images, improving the shopping experience and increasing sales.
Perhaps most important to many, AI can be used to monitor the health of individuals through wearable devices, such as fitness trackers or smartwatches, leading to better health outcomes. Our tech gadgets like Fitbit, Apple Watch, and Garmin use AI algorithms to track activity, monitor heart rate, sleep quality, calories burned, and other wellness metrics.
One of the most significant concerns is the potential loss of jobs, as automation and AI become more prevalent in the workplace. Recent studies and reports have investigated the potential impact of AI on employment and the labor market. While some researchers have warned of job displacement and unemployment, others have argued that AI will create new job opportunities and enhance human productivity. One such study conducted by McKinsey Global Institute estimated that automation and AI could displace up to 800 million jobs by 2030, but also predicted that new job opportunities could emerge as a result of increased productivity and economic growth . The World Economic Forum predicted in a 2020 report that AI could create 97 million new jobs by 2025, but could also displace 85 million jobs. The report identified administrative and white-collar roles as the jobs most at risk of automation, while jobs in areas such as healthcare, education, and social services were expected to grow . A 2020 working paper by the National Bureau of Economic Research suggested that while AI and automation could lead to job displacement in the short term, the long-term impact on employment was uncertain. The paper argued that the impact of AI on employment would depend on various factors, including the rate of technological progress and the availability of complementary human skills .
Whats Next ?
However, AI is not without its risks. As AI becomes more advanced, there are worries about the potential for misuse and this has sparked a debate about the impact of AI on society, and whether or not it is a good thing.
Obviously, banning AI or chatbots is not an option, but serious debate must continue around implementation and boundaries. We can expect that as AI evolves, so too will the tools utilized to contain it and ensure that it is used appropriately.