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Nowadays, artificial intelligence (AI) is widely considered to be one of the primary suspects that can send us humans into doom and gloom. And for good reason: this technology has brought many good and bad things into our lives, and it will have an even greater impact in the coming decades.
Naveen Joshi, who is the founder and CEO of Allerin, a company that develops engineering and technology solutions focused on optimal customer experiences, and has extensive experience in AI, big data, IoT, and blockchain, thinks that there are legitimate reasons to be concerned.
"Current AI research is overly focused on making advances in a narrow set of domains and pays insufficient attention to the disruptive effects on society's fabric," Joshi wrote in Forbes.
According to Joshi, if AI technology continues on its current path, it will likely cause social upheaval for at least two reasons.
"Firstly, AI will have an impact on the future of work. Our current trajectory over-automates work while refusing to invest in human productivity. Further advances will displace workers while failing to create new opportunities and, as a result, miss out on AI's full potential to boost productivity."
"Also, AI has the potential to undermine democracy and individual liberties."
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If things do not change, Joshi predicts that we will see massive unemployment, as many jobs will be replaced by machinery.
"Wealth inequality will be created as AI investors take the lion's share of the earnings. The gap between rich and poor will grow wider. The so-called 'M' shape of wealth distribution will become more apparent," he continued.
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"Issues emerge not only in the social sense but also in AI itself, as the AI that is trained and taught how to operate the given task can eventually take off to the point where human control is lost, resulting in unanticipated problems and consequences."
"It refers to AI's ability to function autonomously after being loaded with all necessary algorithms, ignoring the command given by the human controller," Joshi said.
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Many AI experts have openly spoken out about the negative effects of AI going rogue on human society, asking researchers to investigate these scenarios. The rapid advancement of AI technology necessitates constant regulation and monitoring before the negative consequences become too severe.
