Monday, October 26, 2020

AI and the Impact on Humanity

Tech and AI have advanced at a rapid pace in recent years and are posed to change the world as we know it. One company, IFM/One.trackAi is making waves in the industry with the development of a device for forklift drivers that monitors the speed, direction, location relative to the people around and how other forklift operators are maneuvering their vehicles. IFM’s software automatically detects safety violations (for example, cell phone use) and notifies warehouse managers so they can take immediate action. Another company founded by famous hacker George Hotz has made a $1,000 device that can connect to the operating system of nearly any car and make it semi-autonomous. AI is present in a variety of industries and is posed to play a more significant role in transportation (autonomous vehicles), manufacturing, healthcare, media (Bloomberg uses AI algorithms to quickly process financial data and natural language abilities of AI to produce earnings reports), and Customer Service. AI poses issues for job security - many estimate that it will eventually displace 40% of the workforce. 


To prepare for this shift, workers in repetitive task manufacturing jobs should be open to retraining so as to not to fall by the wayside. Amazon and other companies offer payment to help employees gain skills not easily learned by AI. Tech is set to have a substantial advancement on sustainability, climate change and environmental issues. Many prominent figures in the field including Elon Musk fear a singularity whereby super intelligent machines take over. This idea is far from mainstream but with great minds such as Musk's warning of the possibility, it may be something to consider as AI becomes increasingly omnipresent. 


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