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Benifits of AI

Before we jump on to the advantages and disadvantages of Artificial Intelligence, let us understand what is AI in the first place. From a birds eye view, AI provides a computer program the ability to think and learn on its own. It is a simulation of human intelligence (hence, artificial) into machines to do things that we would normally rely on humans. There are three main types of AI based on its capabilities - weak AI, strong AI, and super AI.

  • Weak AI - Focuses on one task and cannot perform beyond its limitations (common in our daily lives)
  • Strong AI - Can understand and learn any intellectual task that a human being can (researchers are striving to reach strong AI)
  • Super AI - Surpasses human intelligence and can perform any task better than a human (still a concept)

Here's a quick video to help you understand what artificial intelligence is and understand its advantages and disadvantages. 

Advantages and Disadvantages of Artificial Intelligence

An artificial intelligence program is a program that is capable of learning and thinking. It is possible to consider anything to be artificial intelligence if it consists of a program performing a task that we would normally assume a human would perform.

While artificial intelligence has many benefits, there are also drawbacks. The benefits of AI include efficiency through task automation, data analysis for informed decisions, assistance in medical diagnosis, and the advancement of autonomous vehicles. The drawbacks of AI include job displacement, ethical concerns about bias and privacy, security risks from hacking, a lack of human-like creativity and empathy.

Let's begin with the advantages of artificial intelligence.

Advantages of Artificial Intelligence

1. Reduction in Human Error

One of the biggest benefits of Artificial Intelligence is that it can significantly reduce errors and increase accuracy and precision. The decisions taken by AI in every step is decided by information previously gathered and a certain set of algorithms. When programmed properly, these errors can be reduced to null. 

Example:

An example of the reduction in human error through AI is the use of robotic surgery systems, which can perform complex procedures with precision and accuracy, reducing the risk of human error and improving patient safety in healthcare.

2. Zero Risks

Another big benefit of AI is that humans can overcome many risks by letting AI robots do them for us. Whether it be defusing a bomb, going to space, exploring the deepest parts of oceans, machines with metal bodies are resistant in nature and can survive unfriendly atmospheres. Moreover, they can provide accurate work with greater responsibility and not wear out easily.

Example:

One example of zero risks is a fully automated production line in a manufacturing facility. Robots perform all tasks, eliminating the risk of human error and injury in hazardous environments.

3. 24x7 Availability

There are many studies that show humans are productive only about 3 to 4 hours in a day. Humans also need breaks and time offs to balance their work life and personal life. But AI can work endlessly without breaks. They think much faster than humans and perform multiple tasks at a time with accurate results. They can even handle tedious repetitive jobs easily with the help of AI algorithms. 

Example:

An example of this is online customer support chatbots, which can provide instant assistance to customers anytime, anywhere. Using AI and natural language processing, chatbots can answer common questions, resolve issues, and escalate complex problems to human agents, ensuring seamless customer service around the clock.