AI is it friend or foe?

The quickly developing field of artificial intelligence (AI) has applications in business, healthcare, education, and entertainment, among other areas of contemporary life. It has been up for debate for years now whether artificial intelligence is a good thing or a bad one. AI will save the planet and bring in a new era of production and prosperity, according to some, while others think it could spell the end of human civilization .

In Computer Weekly, an article states that our approach to using AI will determine if it is a beneficial or detrimental force. AI may be seen as an ally or partner that helps emerging countries industrialise quickly by increasing productivity, automating repetitive labour, and promoting economic progress. It may aid us, give us a helping hand, instead of taking our place. Schools have to be thinking about how to include AI into the curriculum while creating frameworks that will protect students and provide them the knowledge and skills they need for the future.

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The Potential of AI 

AI has the power to improve and transform a wide range of facets of life and work. The way we work and the tasks we perform will be greatly impacted, with technology assisting us and raising our output.

AI-powered solutions may also reduce downtime, assisting banks in avoiding the potential losses, annoyance of customers, and harm to their reputation that can result from outages.

But there are dangers connected to AI. Standards Australia draws attention to the fact that AI can absorb human prejudices and cause discrimination. Additionally, there are security flaws that might be exploited by hackers or misused, it can have unforeseen effects and failures, and a few number of organisations manage the AI models.

Logistically speaking, there are worries about how AI will affect employment displacement and the difficulties in regulating a system that is becoming more sophisticated and self-governing. Concerns about bias in AI decision-making, privacy, and openness are among the ethical issues that also come up.

What will the best Impact be 

To ensure AI's positive impact, strict ethical guidelines, regulations, and transparency are essential. Addressing bias, privacy, and power concentration is crucial. The goal should be collaboration between humans and AI, emphasizing human oversight and decision-making, rather than complete autonomy.

Transparency, rules, and strong ethical standards are necessary to guarantee AI's beneficial effects. It is imperative to address power concentration, bias, and privacy. Rather than total autonomy, the focus should be on human oversight and decision-making in conjunction with AI.

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