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ARTIFICIAL INTELLIGENCE(AI)

What is AI?
It is the ability of computers or other machines to exhibit or
simulate intelligent behavior. This behavior is often seen as
'human-like'.
Where is AI applied?
It is being applied all throughout the world. Whether it is 'Siri'
in your phone; self-driving cars; or in 'Amazon Prime one-day
shipping'. Many companies implement AI to jobs that can be
easily calculated, making their company more efficient.
Who benefits from AI?
AI benefits society as a whole. They allow for more efficient
means of computing easy tasks. Companies that have
implemented AI are able to be more productive with less workers.
What are the effects of AI to society?
Society can become even lazier if we start to rely solely on AI
to complete tasks for us. We could start to lose our natural
curiousity and Because AI is more efficient in certain fields,
people may be displaced from their jobs. However, AI being
implemented into the workforce can create new markets
which boost the economy, provide many jobs, and even help
the environment.

2.2-3.1
JOBS THAT COULD
BE ALTERED DUE
TO AUTOMATED

million
VEHICLES
INCLUDING 1.7
MILLION TRUCK
DRIVERS.

47% 9%
47% OF AMERICAN
JOBS COULD BE
A RECENT STUDY BY THE
ORGANIZATION FOR
ECONOMIC COOPERATION
LOST DUE TO AI AND DEVELOPMENT
OVER ESTIMATES THAT AROUND
THE NEXT TWO 9 PERCENT OF U.S. JOBS
DECADES. ARE AT HIGH RISK.

$500
STATISTA ESTIMATED
THE ROBOTICS
MARKET TO BE

Billion
WORTH
APPROXIMATELY $500
BILLION GLOBALLY BY
THE YEAR
2025.

4%
AI COULD HELP TO
$5.2 Trillion and 38
million jobs.
ENVIRONMENTAL
APPLICATIONS OF AI COULD
REDUCE GLOBAL
ADD $5.2 TRILLION TO THE
GREENHOUSE GAS GLOBAL ECONOMY BY 2030 AND
(GHG) EMISSIONS BY CREATE MORE THAN 38 MILLION
AS MUCH AS 4% IN NEW JOBS, ACCORDING TO A
MICROSOFT-SPONSORED
2030.
REPORT.

Artificial intelligence and technological advancements will


continue to flourish. It is important that society understands
what this will bring along. Easily computed jobs are extremely
high risk as AI has the ability to adapt and complete these
tasks more efficiently. As more companies implement AI into
their everyday tasks, the need for workers decreases.
However, AI can create new markets along with millions of
jobs and enhance the economy.
Works Cited:
“Artificial Intelligence, n.: Oxford
English Dictionary.” Oed.Com, 2020,
www.oed.com/viewdictionaryentry/Entry/271625.
Accessed 6 Nov. 2020.

Benbow, Toni. "How does the


development of Artificial Intelligence and/or Intelligent Software
Agents’
disadvantage or benefit society in today’s world?." (2012).
http://mason.gmu.edu/~tbenbow/Toni%20Benbow%20Researc
h%20Paper%20IT%20103-007.pdf. Accessed 5 Nov. 2020.

Mccollum, T. "CAN ARTIFICIAL


INTELLIGENCE SAVE THE WORLD? Research suggests AI could
reduce environmental
impacts and raise economic growth." Internal Auditor, vol. 76,
no. 3, June
2019, p. 11+. Gale OneFile: Business,
https://link.gale.com/apps/doc/A592138736/GPS?
u=umd_um&sid=GPS&xid=33fbd1f2. Accessed 5 Nov. 2020.

Panda, Keshab. "Future


robotics, AI: Robotics and artificial intelligence (AI) will improve
quality,
throughput, safety, consistency, and more." Control
Engineering, vol. 66,
no. 2, 2019, p. M3. Gale OneFile: Business,
https://link.gale.com/apps/doc/A578274094/GPS?
u=umd_um&sid=GPS&xid=b9586d64. Accessed 5 Nov. 2020.

Rotman, David. "'The Relentless


Pace of Automation': artificial intelligence could dramatically
improve the
economy and aspects of everyday life, but we need to invent
ways to make sure
everyone benefits." MIT Technology Review, vol. 120, no. 2,
Mar.-Apr.
2017, p. 92+. Gale OneFile: Business,
https://link.gale.com/apps/doc/A486870036/GPS?
u=umd_um&sid=GPS&xid=870c6e3d Accessed 5 Nov. 2020.

"Technavio
Releases Report on the Industrial Automation and
Instrumentation Market in
India." Wireless News, 3 Nov. 2020, p. NA. Gale
OneFile: Business,
https://link.gale.com/apps/doc/A640732081/GPS?
u=umd_um&sid=GPS&xid=66037cd4.
Accessed 17 Nov. 2020.

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