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Table of Contents
The statement of Dr. Kai-Fu Lee – the AI oracle and venture capitalist: “[AI] is going to change the world more than anything in the history of mankind. More than electricity.” back in the year 2018 has always been quoted or mentioned several times when trying to answer the question whether AI will dominate the planet Earth!
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It’s a bare truth that artificial intelligence is massively changing the future and even some given areas currently. Everyone is feeling and interacting with Artificial Intelligence when undertaking their daily routines, even as you read this article.
Similarly, nearly every industry across the globe is feeling the impact of artificial intelligence and nearly all of them are embracing the new technologies that make nearly all the activities easier and more perfect.
Just to mention a few in this section, talk of technologies such as robotics, big data and even IoT have been recently embraced and are continuing to advance thus enabling more sophisticated innovations in the future.
So, will the machines or Artificial Intelligence surpass human intelligence and dominate planet Earth? In other simpler words, will AI rule humans?
Of late, several tech enthusiasts and other people have asked the same question numerous times in online forums and also workshops as to whether AI will rule us (humans).
If you are curious and wondering whether AI will rule us, there are several things that might have triggered this reaction! The first thing that might have made you fear for the future is after watching the action movie “The Terminator” where machines in the future are sent to assassinate certain humans who are a threat to their dominion!
The Terminator movie is very detailed and seems to be extremely vivid, where machines are more capable than humans in terms of thinking or analyzing every tactical situation and also stronger than humans in that they are nearly impossible to kill.
The question of whether AI will dominate over humans or rather rule humans is difficult to answer at the moment since all of this is simply speculation and imagined scenarios of what the future may hold in regards to AI and the fate of humanity.
Even though answering this question seems to be very difficult, there are theories that have been suggested. All these theories tend to emphasize that none can see the future, more so in the tech world!
Technology changes so fast, you may work on a process before midnight and tomorrow you wake up only to find that the process you were used to is outdated and no longer in use! Technology does take many twists and turns every day as compared to what we were suggesting or hoping for but only to end up with a better solution as compared to the one that you hoped for!
With all of this there’s no specific answer of a YES or NO as to whether AI will rule humans in the future!
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What is Artificial Intelligence?
Artificial Intelligence (AI) is simply a branch of computer science that focuses on building smart machines that are able to carry out activities that do require human intelligence such as making decisions based on a given situation.
Artificial Intelligence didn’t start in the 21st Century as you may be thinking. Are you aware that intelligence robots and even artificial beings first surfaced back in the ancient Greek myths of Antiquity?
This might appear to be very hard to believe or doesnet seemtrue – isn’t that so? If you think so, then let’s take a look at other supporting evidence.
Upon doing your research, you will be surprised if not shocked to find that several centuries back, Aristotle invented a syllogism so as to understand our own intelligence which made use of deductive reasoning. This was a pillar moment in mankind’s history.
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Even though the history of Artificial Intelligence is so much longer and deeper than we can imagine, the current form in which we perceive artificial intelligence traces back to about less than a century ago.
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Are you interested to know about some of the past important developments that AI has made ever since? If so, then you will love these:
1940s
- A Logical Calculus of Ideas Imminent in Nervous Activity – This paper proposed the first ever mathematical model of how to build a neural network (1943).
- The Organization of Behavior (1949) – In this book, Donald Hebb explains about The Neuropsychological Theory that still remains an important model in AI today.
1950s
- (1950) Computing Machinery and Intelligence – Alan Turing
- (1950) SNARK: First neural network – built by Harvard undergraduates Marvin Minsky and Dean Edmonds
- (1950) Programming a Computer on how to play chess – Published by Claude Shannon
There are several developments in Artificial Intelligence in from the 1940s up to the present date that you will be amazed to hear about!
You will also notice that some of the many programs that we use today or that we marvel at how advanced they are had been suggested many years ago even though they were yet to be implemented or developed.
You will also be interested to know that Artificial Intelligence is divided into 4 major areas or types. They are not limited to:
- Theory of Mind
- Reactive Machines
- Self-Awareness
- Limited Memory
In this section, you will also learn about some of the examples of Artificial Intelligence that are used today. Some of them include:
- Recommendations that you find in Netflix
- Autonomous cars
- Conversational bots that you find on certain sites online
- Email spam filters
- Siri, Alexa and other digital or smart assistants
- Google Maps
- Robo-advisors
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You simply need to keep in mind that AI is a branch of computer science that deals with inventing machines or programs that perform tasks that need human intelligence.
What is the future of AI in the world?
It’s true that AI will change the world massively in the future since even as you read this article, AI has changed some of the major ways that you used to do things in the past when undertaking your daily tasks.
Perhaps AI is the planet’s most advanced technology that humanity can offer! Who knows? Chances are many that AI is all of this and that it will also be near to nigh perfect in the future. Another question that is worth asking yourself is whether AI will impact the future for better or worse.
As you read this article, you need to know that Artificial Intelligence has been the pillar factor of today’s emerging advanced technologies such as big data, robotics and even IoT.
The truth will always remain that AI will change everything on the planet and every corner of the globe will feel the impact of AI!
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Currently, there are some areas of AI that have not been implemented since they are still under development and testing. To be more specific, the narrow AI that is known to carry out objective tasks using data trained models is yet to be implemented.
There are also some industries across the globe that are yet to feel the impact of AI in regards to their goals, there are some that have begun their AI journey by the introduction of AI powered technologies and certain industries that have felt a greater impact.
Just as said previously, regardless of the level of each industry in terms of being impacted by AI technologies in their daily routines, they all still have a long way to go since AI is coming up with newer technologies in solving problems and easing how tasks are perfomed every day.
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In this section, we are going to discuss some of the industries and their future after being impacted by AI technologies. This is what the future may tend to be with AI in place in these industries:
- Customer Service – forget about the conversation bots! Currently Google is working round the clock building an AI assistant that is capable of making human-like calls to book appointments. Besides that, the system will be able to understand context and nuances!
- Manufacturing – Nearly all manufacturing companies will be equipped with AI powered robots that work with humans in doing certain tasks such as assembly and stacking and also predictive analysis sensors that are able to ensure that equipment is running perfectly.
- Media – Journalism is changing every day; remember in the past where helicopters could be used to cover certain events? Currently drones and satellites are used, isn’t that so? You also need to know that currently Bloomberg uses Cyborg technology to quickly sense complicated financial reports.
- Transportation – Autonomous cars are seen as the future means of transport powered by AI even though it will take time to perfect them.
- Healthcare –Through AI, healthcare will take another twist in that diseases will be quickly and more accurately diagnosed, the discovery of drugs will also be a lot faster, virtual nursing assistants will also monitor patients 24/7 and also big data analysis will heighten the personalized patient experience.
- Education – Textbooks are digitized using AI, and also AI is currently tested in helping human tutors by gauging facial expressions to find students that are struggling or rather bored during their lessons.
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Those listed above are just some of the few industries to mention. AI will impact everything in the future both directly and indirectly!
Negative effects of Artificial Intelligence
As much as AI is easing how things are done in all areas across the globe, everything that has a good side will always have the bad side; it’s simply like the coin – the heads and tails! What are some of the negative effects of AI for humankind?
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These are some of the negative effects of artificial intelligence that you need to expect in the near future:
- Lack of employment or jobs – AI is automating tasks such as in manufacturing companies, in transport with self-driving vehicles, in customer service by bots and programs and in other several other areas. Workers will also be rendered jobless by AI since they will be replaced with better AI powered technologies.
- Lack of justice – AI powered robots may tend to conduct injustice based on wrong decisions in extremely complicated situations that demand several people to think and decide on the best way forward. A robot might instead take a quick move based on the shallow program coding that might deprive others involved of justice.
- Lack of privacy and other human rights –As AI big data tools are currently making data collection and analyzing easier as compared to the past, individuals may be able to get hold of privacy information on the Internet. Through AI powered drones, satellites and spy cameras, human privacy is a thing of the past.
- Misuse by the State and Big Commercial Firms – The State may also use AI against her citizens or certain individuals that oppose their agendas and initiatives. For instance, the State may use combat drones to take down certain public figures, track their movements and also telecommunications firms may tend to track down certain individuals without their permission and for their own benefits.
- War robots –War robots may pose a great danger to humankind since they will be killing without mercy, justice for those that are vulnerable such as children and even pregnant women or even those that are old. These robots may also cause so many casualties since they will be equipped with sophisticated weapons as compared to those that can be operated by human soldiers.
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Even though there exists several negative effects of AI against humankind, AI is currently considered as an essential factor that we cannot afford to lose. In other words, the positive effects of AI have more weight as compared to the negative effects.
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Artificial intelligence future of jobs
One of the major negative effects of AI is loss of jobs. You need to be aware that there are several other jobs that have been introduced by AI and some to come in the near future as AI continues to advance.
So, what are some of these artificial intelligence future jobs that you need to know of? They are not limited to:
- Business Intelligence –Humans may be needed to control or find ways in which businesses can use AI and also big data to pull out useful insights and also everything about their performance metrics.
- Transportation – The AI powered self-driving vehicles will still need those that can monitor them and to even service them or repair them when they break down.
- Manufacturing – Companies will require experts who can assemble, maintain and also repair factory equipment.
- Information Technology (IT) and Cloud Computing Computer experts in IT and Cloud Computing will be needed to adjust and maintain these systems and even repair them in case of errors.
- Healthcare – AI powered tools in the healthcare industry will need experts who can design them, maintain them, make them more efficient and also repair them in case of a breakdown.
- Cybersecurity –Cybersecurity experts will be required to perform tasks such as building better AI powered systems to heighten all threat detections, mitigate and also prevent them from happening.
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As much as you can perceive AI of being the cause to unemployment and also job losses in the future, several new jobs are created with every single turn or progress.
What you need to know is that nearly all the jobs that are introduced through AI require new skills that you will need to learn so as to be able to perform the tasks efficiently and many of them are tech related!
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Luis Gillman
Hi, I Am Luis Gillman CA (SA), ACMA
I am a Chartered Accountant (SA) and CIMA (SA) and author of Due Diligence: A strategic and Financial Approach.
The book was published by Lexis Nexis on 2001. In 2010, I wrote the second edition. Much of this website is derived from these two books.
In addition I have published an article entitled the Link Between Due Diligence and Valautions.
Disclaimer: Whilst every effort has been made to ensure that the information published on this website is accurate, the author and owners of this website take no responsibility for any loss or damage suffered as a result of relience upon the information contained therein. Furthermore the bulk of the information is derived from information in 2018 and use therefore is at your on risk. In addition you should consult professional advice if required.