Artificial intelligence has a history of peaks and downturns due to lack of funding. What are the future estimations and challenges for the technology?
1. Privacy and Data Protection: Ensuring that AI systems handle personal data responsibly and securely is a major concern.
2. Algorithm Bias and Transparency: AI systems can sometimes reflect and amplify existing biases, and making these algorithms transparent and fair is crucial.
3. Job Displacement: Automation and AI could lead to significant job losses in certain sectors, raising socio-economic concerns.