Artificial Intelligence is the future ad is currently in every talk from entrepreneur to medicinal research. The global artificial intelligence software market is expected to experience massive growth in the coming years, with revenues increasing from around 9.5 billion U.S. dollars in 2018 to an expected 118.6 billion by 2025. The essentials for AI could be learned easily through online courses and social platforms.
Challenging the norm
AI is very beneficial to organizations, but it is not commonly adopted by many organizations and individuals. It is challenging the status quo and the mindsets of current organizations; it will take time as the newer generation are more enthusiastic towards the cultural change and therefore are readily adopting the change. The reliance and trust on AI should be built over time as it is following a complex set of instructions.
Job Displacement
Largest issue faced by AI is the threat to job displacement. Artificial Intelligence will be adopted in the future by organizations and businesses, but in consequences, most of the human workforce will be replaced by robots and technological equipment. Therefore, many human rights organizations are concerned about this; it is also a major concern among people whose future career depends on the implications of this future technology. For example, According to the forecasts, around 72 million jobs in the service sector will be displaced by AI and related technologies in China by 2037.
Task-Oriented
Another challenge is that by far, most of AI usage being used today is exceedingly specific. Regularly called as applied AI is very specific and performs only one task and gets better with time at it until it gets the maximum output. It does this by simulating what might happen with the help of algorithms and complex computation with large input values until the best yield is accomplished.
To do multiple tasks and ability to learn from doing tasks with time, like a normal worker who operates the coffee machine will readily adapt to operate ice cream machine easily, but AI won’t be able to do it. So, therefore, a ‘generalized AI’ is what a still science fiction. Because it cannot overtake the innate human ability to perform and learn multiple tasks and what to do in the worst conditions and when problems arise.
Emotional intelligence
Integrating emotional intelligence into artificial intelligence will be crucial in the future, but right now, it is the most complicated thing. AI is used commonly in households and companies, around many gadgets we use AI has almost significant use. Nonetheless, even the most complex AI advancements need basic components like empathy, emotions, morality, and self-consciousness to contextualize data like humans. This is a major reason for AI not readily acceptable by organizations and individuals. Audit companies have individuals who will analyze data without biases and go through data according to human interrogation; it cannot be replaced by AI as self-consciousness is required to assess the records. Emotional intelligence is, however developing and its integration in artificial intelligence will change the entire shape of artificial intelligence.
