Have you ever noticed how
Artificial Intelligence would change the way the economy functions? If you ever
witnessed the recent changes that occurred while running a business or carrying
out a mission. If you feel like, you're behind the technology, and you're afraid
you could lose your job, then...
Just as the Internet takes over all
industries by storm, Artificial Intelligence may have the same effect. AI's
desire to take over the work of all is becoming increasingly evident as recent
breakthroughs in AI have drawn much public attention. As AI advances, some
believe it will take over large sectors of manual workforce increasingly and
eventually, according to some research.
But the people who might
potentially lose their job are the ones who are unwilling to change. These are
the people who are afraid to know and to do something different. Search Results
Eric Hoffer once said: "The beginners inherit the earth in times of
transition, while the learned are perfectly equipped to deal with an
environment that no longer exists."
Looking at AI through the prism of
business skills is important to our community, rather than their own
insecurities and shortcomings. Note "The glass is half not half
empty" AI will narrowly endorse three major impacts:
1. Affect to Global Economy:
The global economy has been
expected to rise to $13 trillion by 2030, and AI is seen by many as an engine
of innovation and economic growth. It will increase the efficiency of the tasks
carried out and enhance the decision-making process significantly by analyzing
tons of data.
Some assume it may increase
inequality, push down wages, and reduce the tax base. While these assumptions
are real, there is no consensus as to whether the associated risks can
materialize, and to what degree.
2. Effect on humans:
Since the digital revolution,
people have been automating almost all the monotonous tasks, which have
improved our economy's productivity and innovation.
However, the whole point of the
Artificial Intelligence implementation is to function in collective
cooperation. People and AI should work hand in hand without delegating 100% of
the task to AI. In short, the integration of machines and humans requires a
continuous learning process; we can't get benefit from Artificial Intelligence
without having to share inputs and information. After that human output will
increase exponentially.
But let's take a look at the
concept of how artificial intelligence can have an impact on people psychologically:
·
They can understand your feelings:
Human nature is complex, and some
of human-led behaviors are often illogical. Some of the day-to-day choices made
by humans are influenced by his or her past experience, schooling, thought, and
upbringing.
But the findings will always be
correct with the convergence of psychology with Artificial Intelligence. Since
psychology requires gathering tons and tons of data from different studies on
different individuals, communities and populations, which increases the
likelihood of drawing the correct conclusion. Yet, if human beings were given
the same to process the data, it would inevitably lead to the wrong or biased
conclusion. Through the prism of our own understanding, i.e. interpretation, we
humans tend to reach conclusions.
·
It can support you in everyday tasks:
Gaining detailed insights has
become simple with the advent of Artificial Intelligence. For example, when
people are more nervous, information used on StressSense is used to monitor the
time and help companies avoid these stressful circumstances. There are many
AI-embedded instruments that evaluate physical activity patterns and sleep
patterns to help people improve their quality of life.
3. Impact on the climate:
There are millions of AI impacts on
Mother Earth, but the major ones that have the ability to influence supply and
demand for resources, there are also some externalities to humans including
Paradigm change in how humans consider how our actions affect the climate and
how they handle those impacts. With that said, here are the big changers of the
game that will improve dramatically:
-
Preventing deforestation
-
Natural resources
-
Sustainable development
-
Agriculture
-
Coastal and Ocean Security
-
Climate forecasts
-
Habitats and wildlife
-
Calamity predictions
Current Impression:
Artificial Intelligence would certainly dramatically change
the economy just as the Internet did. But it must be implemented in a way that
does not give away all leverage over the activities, such as access to bad
information. Mind that this is a program that Man-kind invented but not the
other way around. There are both positive and negative impacts at the end of
the day; however we should try to eliminate the bad by the good.
About us:
TMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,600 engineers. Our engineering team was selected from a large pool of Vietnam IT resources; they are well-trained and have successfully completed many large and complex projects. Please visit us: https://www.tmasolutions.com/
