Why do some Tech experts fear the exponential growth in AI technologies?
There is no doubt that technology continues to advance exponentially over time. Every day new tools are born that serve multiple purposes for humanity. But this unexpected growth is causing fear among tech experts. Is this for real? Read this article to find out more.
The exponential growth of Artificial Intelligence is transforming almost every field of the world. Machines are carrying out most of the tasks and changing the nature of work rapidly. Thus, with the widespread growth of AI in every sector the concerns of tech experts are also growing louder. The experts and especially the tech professionals are finding it hard to grapple with the everyday innovation being delivered by AI and automation. These advances in AI are also a main reason for growing fear related to job losses and increasing inequality.
Additionally, AI and automation are not new and bring many benefits to the world yet there is a significant scope for work disruptions. In other words, despite its reputation as a revolutionary and world-changing technology, Artificial intelligence also has its drawback. So, the fear of tech experts due to the unexpected and unprecedented growth of AI and automation is natural and well-understood. This fear can be validated and supported by many facts because we may still be in the primary stage of AI taking over all sectors. Thus, to support their concerns we have tried underlining a few reasons down in the article.Humans Losing Jobs to Technology
No one is immune to the fear of losing their jobs to this rapidly growing technology. Using Generative AI for creating work is already haunting artists and engineers are already on the lookout for tech jobs that are safe from AI. According to the World Economic Forum's Future of Jobs Report 2023, many clerical and secretarial roles are expected to decline rapidly due to artificial intelligence. This progress will create both losers and winners. There will be a need for some reforms in the economic policies within the same country to compensate those who are on the receiving end. As for big tech organizations, it will be necessary to retrain people on how to use AI effectively for companies to be able to take advantage of the technology. As a result, we will need to revamp our training and education program to prepare the next generation of workers and support current workers in retraining to take on new positions that will utilize their unique skills. Universal Regulations
Universal regulations for technology are becoming the need of the hour with the advancement of AI and automation. This idea could be a new one for the world and simultaneously has become more complex as technology progresses every second hour. European Union and China are ready to take the initiative as they are trying to regulate the use of AI. Other countries can learn from their regulations to ensure more transparency because they are linked and artificial intelligence actions and decisions in one country could have negative effects on others very easily. Hence, regulations must be in place to ensure that consumers are protected as more companies are integrating AI into their products, services, and processes.Artificial Intelligence Bias
Biases are one of the drawbacks of AI causing concerns among experts. We can't fully trust the judgment of AI because training data biases can lead to AI technology inheriting human biases. Human bias is prevalent in tech platforms. Machine learning models become biased if data on tech platforms are used to train them. The results of these systems will also be biased if these systems are biased. There is a possibility that your loss may turn into someone else benefit. Inequality
The exponential growth of Artificial intelligence may also add to the widening socioeconomic inequality thus causing fear among tech experts. AI can be a major cause of the growing inequality because it is leading to the displacement of workers from their jobs. After all, automation has replaced low-skilled jobs in companies in an attempt to reduce employment costing. Thus the threat of AI to uneducated and under-skilled workers is a more immediate concern for everyone. AI-Influenced Weapons
Better regulation of autonomous weapons is also necessary to neutralize the threat of warfare. It has been a long pending demand of human rights activists to put a complete ban on lethal autonomous weapons. While they are supported by the governments of 30 countries, the United States finds the demand unnecessary. However, superpower like Russia has denied the existence of AI-powered weapons, activists feel that it is almost impossible for major military powers to avoid a global arms race if they develop AI weapons. Since these autonomous weapons work without human intervention, they become more minacious for the civilians on the ground. Altogether, this is a completely unethical process that is a threat to our shared values and humanity. Privacy at Risk
Amid this advancement of AI, it's not easy or almost difficult to stay away from technology. AI always has an eye on us and tracks all our activities and data. It has access to all our details since the use of devices like Alexa and Google Homes has increased. It can track all our online activities which later on depicts on our social media accounts. AI has encroached into our private lives which is left not so much a secret affair now. Therefore, regulation and oversight must be rigorous, with the right to privacy as one of the most prioritized principles in the application. Artificial Intelligence in Terrorism
Technology has made things easier for terrorists' outfits also. They are also using the latest technologies to fulfill their ill intentions and harm humanity. As per a report published by the United Nations Office on Counter Terrorism, terrorists have been early adopters of advanced technologies particularly when they are not heavily regulated. So, the responsible use of AI is highly recommendable to thwart all possible future threats to humanity.Wrapping Up
When something new and exciting comes to the fore it draws attention and discussions. All the pluses and minuses of the same are debated by their supporters and opponents for a long time with both sides trying to prove a point in their favor until things become stable. So is the evolution of any technology like Artificial Intelligence which has two sides like a coin. The beginning of this new chapter in technology brings with it some presumptions as well. However, after debating all the advantages and disadvantages, the experts can't ignore the significant growth of AI and deny the fact that at last this technology is also created by humans. So, humans need to be at the center to regulate it for the good of society because it is going nowhere as it has gradually become an integral part of our lives. Therefore, we should start working on the presumed negative consequences of the growing technology. We will be better equipped to alleviate and manage the consequences if we begin pondering what those might be.