Benefits & Risks Associated with AI

BENEFITS & RISKS ASSOCIATED WITH AI

HUMAN INTELLIGENCE IN MACHINES

ABOUT ARTIFICIAL INTELLIGENCE Artificial intelligence refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term can also be applied to any machine that exhibits traits related to a person's mind like learning and problem-solving.

To better

TABLE OF CONTENTS

2

Table of Contents

2

Abstract

3

Advantages of AI

4-5

Risk associated with artificial intelligence.

6-7

Conclusion

8

About the Company

9

understand how AI can help us, we need to see how it fits into the bigger picture.

Artificial intelligence gets

ABSTRACT

real

Machines with human intelligence” were only found in science fiction. Today, AI has become quite a real thing that has a more significant impact on our routine and working lives. However, each technology has its pros and cons. Whereas AI is useful in simplifying tasks and minimizing human interference, the technology is believed to eat jobs and rule the world by manipulating the human race in the near future. For a quick refresher— AI or artificial intelligence, sometimes known as machine learning or machine intelligence, is the technology that can mimic human intelligence in tasks like decisionmaking, speech recognition, personalization, visual perception, and translations. The applications for AI are endless.

The technology are often applied to several different sectors and industries.

3

AI is programmed to do work in the same pattern

advantages of artificial intelligence.

AI Can Simplify the Tasks: Many of the tasks are repetitive, hindering the workflow and productivity as well. AI can automate those tasks across the organizations, freeing up workers to get focused on their core tasks. For example, AI can automate customer support by handling repetitive or instruction messages.

AI Can Work for an Indefinite Period: Human workers can work for typically 8-10 hours at a stretch. On the other hand, AI can work for an indefinite time with uninterrupted power delivery and proper maintenance.

AI Can Ensure More Accuracy: As AI is programmed to do work in the same pattern, they can do work without causing errors. For example, a human is more likely to make mistakes with complicated account math. However, an automated account tool can calculate any digit number flawlessly.

4

AI Can Be Useful in Decision Making: A machine has no emotions, making it useful when it comes to making quick decisions. For example, the integration of AI tools in the healthcare industry has enhanced the efficiency of treatments by reducing the risk of false diagnosis.

AI Can Be Used By Anyone: Today’s AI is easy to use. With home automation, a bill on energy and thermostat can be saved. Augmented reality lets consumers view items in the comfort of their place.

AI Can Be Used in Risky Situations: One of the critical advantages of AI is its usage in risky operations. Several places have their risks. Having a manual workforce might make someone’s life prone to risk. Instead, robots and AI machines can help overcome this and are a significant impact of AI.

A machine has no emotions

5

Risk associated with artificial intelligence.

A Threat to Traditional Jobs: Machines are notorious for eating up the jobs in the past. AI can automate predictable and repetitive tasks. For example, the technology can replace human interference in mundane tasks such as form filling, calculation, personalization, and general instructions used in customer support. Drones and robots are gradually delivering couriers. However, it can’t be denied that human interference can’t be wholly overlooked in such operations. For example, it requires someone to operate and monitor the jobs being done by robots.

Whereas AI can automate some tasks, it is likely to create some new jobs as well.

Transparency is Not Ensured

AI systems were created using neural networks

6

Many AI systems were created using neural networks that are complex interconnected node systems. But these systems are less capable of showing their “intention” for decisions. They show you nothing beyond the input and the output, making them complicated. This thing does matter as it is essential to see the specific data that lead to certain decisions.

Unclear Liability for Actions: A human can be prosecuted. But that’s not the case with a machine. What are the terms of liability when the AI system makes an error or causes an accident?

Operating companies are likely to blame the machine’s functionality for saving their skin.It is not clear if the company can be held responsible for an algorithm learned by the device.

AI system makes an error or causes

7

an accident?

Conclusion Finally, we will say that the artificial Intelligence is the intelligence of machines and therefore the part Technology that focus to make something new.AI define as "The Design of Intelligent Agents" where an intelligent agent could be a system that perceives its environment and takes actions that maximize the possibilities of its success." AI is at the middle of a brand new enterprise to create the models of intelligence. The most assumption is that intelligence (human or otherwise) are often represented in terms of symbol structures and symbolic operations which may be programmed during a computer

Models of intelligence.

8

About the Company

Apixel is founded in 2004 with one goal in mind - to deliver the highest quality IT support services to businesses in Singapore. Like all typical IT companies back then, we were offering breakfix support packages as this model of IT outsourcing is widely understood and accepted.Apixel delivers proactive IT maintenance services through our flat-rate Managed IT Support Service.

Designed to reduce your costs, increase your profits and mitigate your business risks, we partner with you as your Virtual CIO and IT Department, allowing you to focus on running your business, not your technology.

Visit https://www.apixel.com.sg/ 10 Marina Boulevard #39-01 MBFC Tower Two Singapore 018983 Tel: (+65) 6639 1839

9