A group of bank employees received an official notice from their headquarters that their positions would be terminated by the end of the year. They will instead be replaced by highly specialized teller machines that are designed to perform their duties. Shocked and dismayed by their impending layoffs, these employees must now worry about the loss of employment. Unfortunately, this scenario is not uncommon in many industries as the threat of jobs increase with the expansion of artificial intelligence. Ai will continue to intervene with employees of many fields, companies should be encouraged to put a stop towards the growth of Ai. Essentially, artificial intelligence includes many setbacks and is necessary under most circumstances.
Foremost, artificial intelligence is harmful to our society because it threatens human employment. With the expansion of Ai, many common jobs are being replaced with robots instead. Research from Oxford University conducted in 2013 asserts that artificial intelligence will wipe out 47% of American workers in the next 20 years. The current advances in artificial intelligence and automation continue to seize the job positions of other professions across many fields especially customer receptionists and attendants. Research claims there is a likelihood that 98% of bookkeeping clerks will lose their jobs to Ai. Experts in the industry during 2018 also stated that Ai will wipe out half the banking jobs within a decade. Overall, artificial intelligence is especially destructive towards jobs that humans engaged in.
Many characteristics differ humans from futuristic technology, such as artificial intelligence, for example, humans have emotions and common sense in which they lack. Artificial intelligence robots can only perform a restricted amount of work and certain tasks they are programmed to conduct. Despite advanced technology, machines such as Ai are seen as tools that cannot possess human traits, such as imagination and creativity. Research conducted by Professor Michael Osborne at the University of Oxford states that “People are creative because they understand the properties of objects in the world, and based on that knowledge they breach convention in non-trivial ways that make sense.” Additionally, artificial intelligence will never have the ability to obtain human aspects of knowledge and cannot determine the different emotions humans have while interacting with patrons.
Lastly, the cost of installation, maintenance, and repair for artificial intelligence is very expensive, which would be very costly for the government and companies. It has been reported that Ai’s average cost in 2019 will vary between $35,000 through $100,00, depending on the project’s size and complexity. Not only is Ai expensive but very challenging to program. Researchers assume that programming Ai robots will be very complex since these robots will require the knowledge of at least seven billion human brains. Therefore, the intense complexity of developing artificial intelligence contributes to its exorbitant costs. Its expensive costs will continue to rise very high, as it will require $1000 per hour for electricity and other expenses. These Ai machines write codes at a rate of ten to twenty lines, each one is estimated to cost $100. In fact, these prices will continue to escalate as the complexity increases. Ultimately, artificial intelligence will cost the government and companies in expenses.
However, others may argue that artificial intelligence is exceedingly beneficial to our society. Those may claim that Ai robots can make rational decisions since they lack human emotions. Yet, without emotions, Ai robots will not be able to fully communicate with patrons and understand their true emotions and needs. Artificial intelligence supporters believe Ai can take over jobs that are repetitive and tedious tasks in places of labor. Regardless, many individuals depend on those jobs, but if robots took over, they would be left without employment and no money to support themselves and their families. Lastly, many believe that because Ai are robots, they will not get tired like humans, but allowing Ai robots to work continuously is very expensive and will cost more than humans performing the task. Clearly, artificial intelligence will cause many drawbacks in not only our economy but also the lives’ individuals.
Overall, artificial intelligence presents numerous drawbacks to our society. Many individuals would lose their jobs and have no income to support themselves and their families. Ai also has disadvantages, such as lacking human emotions which would lead to miscommunications. Ai is also very costly, business owners would pay more for the robots to perform the tasks that humans. In essence, there are many disadvantages to using Ai technology, we should proceed with this form of development with great caution.