Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions… What is Artificial Intelligence? He said, ‘Every aspect of learning or any other feature of intelligence can in principle be so precisely described that … McKinsey Global Institute says that we will witness a net positive growth rate for jobs in the US. 1 : a branch of computer science dealing with the simulation of intelligent behavior in computers. To paraphrase a few: As the above estimates suggest, there is genuine concern for the less-skilled population, and AI is most likely to displace these jobs. People have a diverse response when asked about Artificial Intelligence. These people are optimistic about a future where AI plays a growing role in the economy. As AI … Your email address will not be published. Artificial Intelligence: What does it mean for the future of work? Some have a tendency to paint an apocalyptic picture of the future where automation displaces millions of jobs, renders people unemployed for good, and adds to already growing inequality. A key feature of AI has been how it has improved current jobs and elevated the performance of employees. “Artificial intelligence” is a suitcase word. These technologies contribute to overall productivity, and also make the lives of employees easier and more efficient. Artificial intelligence (AI), is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals. Is Artificial Intelligence going to push millions into poverty? This is just one of many examples as to how AI and humans don’t necessarily always substitute each other. As jobs are automated away, how will these newly unemployed people transition or find new jobs? John McCarthy coined the term Artificial Intelligence in the year 1950. The AI revolution will bring many new jobs and opportunities for people around the world. To cite an example, call center employees have AI-assistance available to them all the time, allowing them to fetch information quickly, and get things done faster. But are these two positions exactly right? In popular usage, artificial intelligence refers to the ability of a computer or machine to mimic the capabilities of the human mind—learning from examples and experience, recognizing objects, understanding and responding to language, making decisions, solving problems—and combining these and other capabilities to perform functions a human might perform, such as greeting a hotel guest or … Definition of artificial intelligence. Artificial Intelligence (AI) is a way of associating features such as learning, motion, creativity, reasoning, social intelligence etc. A World Economic Forum (WEF) report suggested that we might lose about 75-million jobs to AI by 2022. Leading AI textbooks define the field as the study of "intelligent agents": any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals. 2 : the capability of a machine to imitate intelligent human behavior. Copyright 2020 | MH Newsdesk lite | Tech Publish Now | Write For Us, on "Artificial Intelligence: What does it mean for the future of work?". Although there are no AIs that can perform the wide variety of tasks an ordinary human can do, some AIs can match humans in specific tasks. People have a diverse response when asked about Artificial Intelligence. You can find new jobs in AI today! The Digital Evolution: How Mobile Phones Got Smarter, Overcoming Common Myths About Small Business Websites, Navigate An Excel Spreadsheet Like A Pro With These Tips and Tricks, Digital Marketing Training Institute in Noida. If millions of people lose their jobs so quickly, it can only add to the problem of income and wealth inequality in the world. So, let’s dive in, and have a deeper look into the challenges and opportunities presented to us by AI in the coming future. To quote a few studies: These facts don’t quite often make the light of day in our popular discussions. Artificial Intelligence is the ability of a computer program to learn and think. Many industries have put AI to good use without having to fire employees. Save my name, email, and website in this browser for the next time I comment. The World Economic Forum (WEF) study suggested that AI will contribute to 133 million new jobs by 2022, more than it will displace! They foresee a future of high productivity and increased efficiency which is central to a better future. Some have a tendency to paint an apocalyptic picture of the future where automation displaces millions of jobs, renders people unemployed for good, and adds to already growing inequality. Movies, TV shows and other segments of pop culture have instilled a sense of deep pessimism about Artificial Intelligence among the population. Perhaps, the most important matter to address right now is the time gap that might occur when AI starts to replace vast swathes of the labor population, albeit gradually. So, here they need the assistance of the government and the society at large to train and prepare for an AI-dominated future because otherwise, it might take a lot of time and they might lose their jobs faster than they gain new ones.

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