While it may not be possible to accurately answer this question for several years, I would argue no from an economic standpoint. One thing to understand is that the supply of money is not likely to change, especially as it can lead to hyperinflation. I think there is a common assumption that if AI takes jobs from humans, the money allocated to the employment of those humans would disappear. But realistically, that is not likely. Instead, I expect to see a change in the distribution of wealth, and the jobs held by employed individuals. The overarching question of whether it will harm humanity is more complex and leads to many ethical questions, particularly around data privacy.
Hello all,
In my point of view, not exactly, because it is just a machine learning tool, it may lead to some unemployment, but it also increases the number of AI skilled jobs. Lastly, data verification should be done by humans.
Thanks and regards,
Jaspreet Kaur
- Badges
- Science topic