Re: How can businesses take advantage of artificial intelligence?

2018 has been heralded as the year the AI revolution takes to the mainstream. New intelligent automation technologies such as AI powering data analytics, businesses can make decisions more quickly based on powerful, timely insights.

http://www.information-age.com/businesses-advantage-artificial-intelligence-123470942/

Artificial Intelligence seems like a double-edged sword. As of now, there's a lack of jobs, resulting in unemployment rates across the world. If we are to create artificial intelligence, it can greatly contribute to the lack of jobs and raise the unemployment rate.

Beyond that, however, AI is an extremely cool push in the technological future of the world. It can basically be used for anything that requires computation. They'd be very good at data analytics, graphing profits, managing funds, and essentially most of what humans already do.

This isn't an issue, any technological advancement will be good for the human race in the long term. Short term it may make some people in certain employment sectors unemployed but it will increase global productivity and can lead to many more employment opportunities. The danger does not come in terms of increasing productivity but how things are then managed. It's easy to see that better technology leads to more resources for the world, the issue is then as to how to fairly distribute these. If the rich and powerful have a monopoly on technology and the resources it helps to produce then we can end up with a situation where the rich/poor divide is only heightening with time.

When you tried to read up again on the things he do said it just really a double-edge sword which having this AI innovation would really have advantages and disadvantages on lots of aspect or field but we cant really stop on evolving and we would really come to a point where Artificial intelligence would be even more considered or to be developed. Employment rate can really be affected but come to think off on the possible opportunities ahead that it makes.

Of course there are positives and negatives, as with everything in life, but in this case the argument of unemployment is a fairly moot point. Employment levels won't need to be as high if we are in a society where many things can be done for us by AI. It's really quite simple.

I'm not saying that the solution is not simple or that it's hard. I find it hard to see how you believe that employment levels won't need to be high if we are in an AI driven society. As of now, practically everything we do is dependent on some form of currency or money. If we're to move into an AI world, there will be some transitional period where both money and AI live at the same time. The main way to get money anywhere on Earth is through a job. If we have both AI and currency existing, then for your point, it's pretty easy to see that AI easily impacts employment and general well-being. I could see your point if you're talking about a world with AI and without money, but I don't think that situation will really arise.

The point I was making, if world productivity increases then resources will be more abundant. Prices and such will decrease for basic goods like food if they're more readily available. While we may have more people who are unemployed, the world should be much more plentiful and so being able to support those people through some form of benefit should be much more feasible. I understand it is a bit of a jump and it relies on the world functioning in a socialist way.

I understand that what I am saying is perhaps a little far-fetched but it makes sense in my mind. Hopefully you can gain some insight from what I wrote or I'll try again to express my opinion in some other way.