The Pros And Cons Of Artificial Intelligence – Forbes

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Key takeaways

  • Artificial intelligence (AI) is hitting the mainstream, though the first form of AI was invented in England, way back in 1951.
  • Nowadays AI is used in a wide range of applications, from our personal assistants like Alexa and Siri, to cars, factories and healthcare.
  • AI has the power to make massive improvements to our quality of life, but it’s not perfect.

Artificial intelligence, or AI, is everywhere right now. In truth, the fundamentals of AI and machine learning have been around for a long time. The first primitive form of AI was an automated checkers bot which was created by Cristopher Strachey from the University of Manchester, England, back in 1951.

It’s come a long way since then, and we’re starting to see a large number of high profile use cases for the technology being thrust into the mainstream.

Some of the hottest applications of AI include the development of autonomous vehicles, facial recognition software, virtual assistants like Amazon’sAMZN
Alexa and Apple’sAAPL
Siri and a huge array of industrial applications in all industries from farming to gaming to healthcare.

And of course, there’s our AI-powered investing app, Q.ai.

But with this massive increase in the use of AI in our everyday lives, and algorithms that are constantly improving, what are the pros and cons of this powerful technology? Is it a force for good, for evil or somewhere in between?

Download Q.ai today for access to AI-powered investment strategies.

The Pros of AI

There’s no denying there are a lot of benefits to using AI. There’s a reason it’s becoming so popular, and that’s because the technology in many ways makes our lives better and/or easier.

Fewer errors

Humans are great. Really, we’re awesome. But we’re not perfect. After a few hours in front of a computer screen, we can get a little tired, a little sloppy. It’s nothing that some lunch, a coffee and a lap around the block won’t fix, but it happens.

Even if we’re fresh at the start of the day, we might be a bit distracted by what’s going on at home. Maybe we’re going through a bad breakup, or our football team lost last night, or someone cut us off in traffic on the way into work.

Whatever the reason, it’s common and normal for human attention to move in and out.

These lapses of attention can lead to mistakes. Typing the wrong number in a mathematical equation, missing out a line of code or in the case of heavy duty workplaces like factories, bigger mistakes which can lead to injury, or even death.

24/7 Uptime

Speaking of tiredness, AI doesn’t suffer from sugar crashes or need a caffeine pick-me-up to get through the 3pm slump. As long as the power is turned on, algorithms can run 24 hours a day, 7 days a week without needing a break.

Not only can an AI …….

Source: https://news.google.com/__i/rss/rd/articles/CBMiWWh0dHBzOi8vd3d3LmZvcmJlcy5jb20vc2l0ZXMvcWFpLzIwMjIvMTIvMDEvdGhlLXByb3MtYW5kLWNvbnMtb2YtYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2Uv0gFdaHR0cHM6Ly93d3cuZm9yYmVzLmNvbS9zaXRlcy9xYWkvMjAyMi8xMi8wMS90aGUtcHJvcy1hbmQtY29ucy1vZi1hcnRpZmljaWFsLWludGVsbGlnZW5jZS9hbXAv?oc=5

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