Artificial Intelligence and Humans: Expecting the Impossible
Artificial intelligence is getting unpredictable with every moment that we live through. What we see and experience today in a world full of technological developments has been almost unthinkable in the past. Perhaps what we consider impossible today will be a normal trend in the near future. Hence, it’s the era of the exponential growth of AI; where nothing is impossible.
From Apple’s Siri to IBM’s Watson, virtual bots to humanoid robots, all these are wonders of human curiosity blended to an ever-increasing quest to conquer the countless possibilities in the world of technological developments. Artificial intelligence has become an integral part of our lives, and it seems almost unclear to exactly predict the next move of this exponentially growing technology.
It may not come as a surprise when we expect a future with three-eyed humanoid-robot cab driver picking up from the station, or driving to work in a congestion-free route in a flying car. With AI making extraordinary progress to change our perceptions about the future, it is legit to expect the impossible to become possible by the end of this century – perhaps even earlier.
With so many possibilities and advancements, artificial intelligence is considered to have a downside as well that daunts human beings the most: the era when machines will rule humans. With the astounding development by AI, it is reasonable to expect that advanced machines and human-like robots will replace the traditional human workforce, ultimately soaring the rate of unemployment.
Capabilities of Artificial Intelligence
Artificial intelligence is a broader term to define the ability of machines to learn and decide on their own, just like humans do. The decisions made by the machines will depend on their understanding to predict the most probable solution to a situation they are presented to. This capability to learn and adapt is the consequence to impersonate human behavior by applying the knowledge to accomplish tasks without human guidance.
Here are some of the human-like tasks that AI-activated machines are expected to do themselves:
Interpret the visual image and decipher the embedded code in the form of output that is comprehensible by humans (an example of machine and computer vision technology).
Recognize the human language and carry out tasks via a computer-operated program (an example of automatic speed recognition).
Solve complex problems and propose possible solutions to assist humans without their intervention.
Artificial intelligence runs on a series of computer algorithms based on mathematical logic and theories to allow the machines to run through decision-making abilities independently. Perhaps the analogy of fiction movies will turn into a reality within the next few years.
The difference between AI and the human mind is straightforward because AI can be run through a variety of programs and hardware types, be it a self-assisting humanoid robot, your smartphone, or an unmanned vehicle. This versatility of AI might make it difficult to perceive, but that is what makes it remarkable.
AI is making exponential progress which can be seen everywhere around us: in our home appliances, televisions, AI-controlled inverter ACs, simply everywhere. In fact, that’s what makes smartphones ’smart’. A very common example is the text-to-speech (TTS) option in our smartphones that is assistive to those with literacy difficulties and reduced vision.
The Role of Artificial Intelligence in Human Life
Artificial intelligence has become a crucial aspect of human life, and stealthily, we have started to adapt ourselves to a life that may not be complete otherwise. With time, we are advancing towards the era where societies are smart and built over a technical infrastructure that is powered by modern artificial intelligence breakthroughs. Here are some of the examples of the role of AI in human life:
AI in Healthcare
The most advanced and recent development in the health sector using AI has been the prevention of the novel coronavirus disease. The AI has enabled computers to predict human behavior when infected, mimic human intelligence, and process hefty data of samples collected in millions for the sake of vaccination.
Moreover, a study shows that AI-operated virtual assistants in hospitals that run on natural language have helped save 17-20% of the time for doctors and nurses by eliminating the workflow ahead and unnecessary visits. Artificial intelligence has been massively helpful in the research related to drug discovery and its easy processing. Hence, from assisting humans to improving diagnosis facility, discovering to analyzing, AI can be seen to bring revolution in human lives.
AI in Financial Sector
Most of the banks and financial sectors operate on the principles of artificial intelligence. Investment firms have been utilizing AI in almost every step, such as process automation, virtual customer dealings, and forecasting. A good example is the predictions of impending financial crisis or detection of patterns in big data management that has made it possible for countries to survive.
One of the ways AI is playing a key role in modern partnerships is through “robotic advisors” that act as a financial analyzer to forecaster the portfolio management for the clients. Cash investment companies like Betterment use “robo-advisors” – AI operated robot – to lead and predict the contemporary market trends. The company also aims at improving transaction for tax impact and its consequences on the dealings made by the customers by allowing them to maintain a portfolio and invest for fixed annual fees. This approach has gained them distinctive popularity and customers residing overseas with assets crossing the $10 billion mark.
The exponential growth of AI has led to the industrial revolution that has allowed humans to surpass their own imaginations in the pursuit to make machines as capable as human beings. Without a doubt, this signals the time when machines will be independent and robots will take over human endeavors better than we have ever imagined.