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“We’re all sorry for the other guy when he loses his job to a machine. When it comes to your job, that’s different, and it always will be different.”
In the 1968 Star Trek episode, “The Ultimate Computer,” these were Dr. McCoy’s words of wisdom to a concerned Captain Kirk, who was fretting over the possibility he might be replaced by the advanced M5 supercomputer.
Nearly 50 years later, concerns over artificial intelligence-driven job losses have moved from science fiction to everyday reality, with a growing chorus of voices sounding the alarm over potential labor disruptions wrought by the rise of robots. Some experts now are warning that machines and AI will be outperforming humans at nearly every task in 45 years, leading to massive unemployment.
And it just isn’t blue-collar workers whose vocations may be at risk from AI. Some warn that technologies could supplant workers in every sector, even those whose jobs would seem to be immune to replacement by AI. Imagine surgeons, executives, novelists, brokers and even data scientists all in the unemployment line, courtesy of AI.
True, the proliferation of AI will lead to the elimination of many jobs. However, this won’t render human labor obsolete. Instead, this phenomenon promises to elevate human capital, making people more efficient and allowing them to focus on the value-added aspects of their occupations. Moreover, people should have faith that human ingenuity will create new jobs, industries and ways to make a living, just as it has been since the dawn of the Industrial Revolution.
The Reality Of Artificial Intelligence
Much of the current fear surrounds the development of artificial general intelligence (AGI). Like the M5 in Star Trek or HAL 9000 in 2001: A Space Odyssey, AGI is human-level AI, capable of matching any intellectual feat performed by homo sapiens.
Many leading thinkers, including Stephen Hawking, Bill Gates and Elon Musk, fear the advent of AGI, claiming that the technology could dramatically outstrip human intelligence and then discard mankind like last week’s leftovers.
The accomplishment of true AGI remains many years into the future. Acclaimed futurist Ray Kurzweil is among the most optimistic forecasters, with his prediction that AGI in its highest form (the singularity) is 12 years away. Surveys of AI experts offer a more conservative consensus, estimating that AGI will arrive between 2035 and 2050, if not further into the future.
In the meantime, another form of AI is already here making its presence felt in the global economy: artificial narrow intelligence(ANI). While AGI does everything, an ANI machine performs only one task, typically much more efficiently than its human counterpart. Anyone reading this article has almost certainly used at least one ANI service, such as Google Translate, Amazon Alexa or the Windows Hello facial-recognition system.
ANI is a huge part of the AI market, which generated $1.4 billion in global software Go to the full article.
Source:: Business 2 Community