Written by Aryan Garg
What happens when something vastly smarter than the smartest person comes along in silicon form? While our schools and educational institutes are stuck teaching a century old syllabus, we are seeing the rise of new Artificial intelligence tools that are challenging the most stable and most formidable networks and businesses across the globe. Artificial intelligence popularly known as AI has been on the rise since the last decade and has left mankind with a serious question, is artificial intelligence getting too real? AI is not an ordinary technology rather it is a General purpose technology making it extremely significant to address its importance otherwise making it impossible for any business to survive in the market regardless of its scale or regardless of the entrepreneur's skills and mindset.
Artificial Intelligence refers to the ability of machines and computers to perform tasks requiring human intelligence such as logical aptitude, reasoning, and problem solving. Mankind has started to fear the integration of AI in their life ranging from job displacement to loss of privacy and even existential threats to humanity, but is the fear really justified , or is it just another hypothetical viewpoint? From the very beginning humans have feared a new advancement whether it was Spinning wheel, Computers, or currently Artificial Intelligence. Humans feared the introduction of computers and felt that it would eradicate job and livelihood opportunities, but the future had something better to show everyone as it not only resulted in increased productivity and efficiency but also created advanced employment prospectus in new domains. The introduction of spinning wheel caused disruption and fear in short run but it ultimately drove higher economic growth and employment opportunities in longer duration .This is a pattern that has repeated itself many times throughout history , as new technologies have often caused temporary disruptions but have always led to higher prosperity and progress over time.Similarly, Artificial Intelligence will have something similar to offer for the benefit of society, eradicating some jobs but simultaneously necessitating users operating these AI technologies to create employment in new domains.
Rightly said "With Artificial Intelligence, You have got to think about what you can do to complement it rather than competing with it", the technology and artificial intelligence has become the reality and is here to further expand but still it does not possess any threat to an individual who actively adopts the technology. It becomes extremely important to acknowledge its presence as it is a reality and has potential to transform many aspects of our lives in profound ways.One is left with no scope if he starts competing with the technology but if he starts complimenting the technology there is a lot to offer. While it is true that many jobs will get automated, it is also true that new jobs will be created because of Artificial Intelligence and the manpower that can complement the technology in the true sense would not only survive but would be better off with the technology. Like any technology that mankind has ever witnessed, there will be challenges to navigate and risk to be managed but by working together with an open mind and incorporating and accepting changes in technology we can surely shape a future that benefits everyone.