Regardless of the cheers and fears regarding AI, we are a long way from it being truly safe and acceptable
THERE IS TREMENDOUS excitement in the air about artificial intelligence (AI) across the world today. Everyone seems to be talking about AI—from leaders of the industry, scientific thinkers, heads of state, to the grandmother next door. The subject has been widely welcomed as the salvation of humankind, and, at the same time, has invited criticism for bringing in the potential doom of humans.
TAKING AWAY JOBS
According to a 2017 Gartner report, AI could lead to a staggering 1.8 million job losses, particularly in the manufacturing sector. In the long run, however, it will create more than 2 million jobs in other sectors, including health care and education, which will continue to be skill-oriented. This reaffirms the fact that the impact of AI on employment will vary, depending on the industry.
As is the case with any disruptive technology, AI will change the landscape of employment, along with the human resource and skill requirements across sectors. It is for time to tell which jobs are likely to be replaced and what new skills will become valuable in the future. No one could have imagined the role of a BPO executive 25 years ago. The job market is always evolving and diversifying, generating new skill needs for various industries that may not necessarily be automated.
Therefore, both the advantages of AI and the risks associated with it are a long way from being realised. We are several years, if not decades, away from achieving true humanlevel AI. There are many pressing and real problems that need to be addressed so that AI can truly be functional. Let us take a look at the challenges that the AI community needs to address before we can claim the arrival of an all-pervasive AI.
ADVERSARIAL ATTACKS
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet
