Don’t ignore the impact of AI on corporations
AI has taken over our lives in more ways than one. Thanks to the tireless work of scientists and engineers, cars are self-driving, machines can diagnose diseases, and robots can clean up space debris. Beyond these benefits, however, there is a dark side to AI (artificial intelligence).
This article will discuss four possible threats that corporations might face if AI is in daily operational implementations.
AI autonomy and unemployment
One of the most significant benefits, but also dangers, of AI, is its ability to do work autonomously. Self-driving cars are already on the road, making decisions independently with increasing precision – and controversy – about when to stop and when to go. Once automated vehicles are commonplace, what happens to the millions of people who drive for a living? Is that even legal? Corporations are now trying to figure out how best to use AI without taking away jobs. Moreover, mass joblessness could lead to social instability.
AI systems currently in development include virtual agents or digital assistants capable of making decisions autonomously. Undoubtedly, this technology could prove helpful to corporations looking for a way to reduce human error and save money on expensive salaries. However, it also creates significant risk because companies need to ensure these AIs don’t have any biases or preconceived notions, which could lead to discriminatory decisions.
For AI systems to be effective at their jobs – and not a threat – corporations will need to create algorithms capable of learning from past experiences and adapting behavior accordingly.
No need for education
This brings us to our second topic: Lack of a qualification. As we’ve seen with the rise of streaming sites and Upwork, an increasing number of people are trading full-time employment for freelancing and contract work. With “employers” like Amazon and Google behind the development of AI, it’s only a matter of time before companies start employing droids instead of humans. Droids don’t need degrees or certifications because they can’t get sick or ask for a raise. And unlike typical employees, droids aren’t obligated to stick around for long – they can leave whenever they want.
AI software is gold
The demand for AI professionals is skyrocketing. Jobs in this field are growing at an unprecedented rate; the market is expected to almost double in size by 2027. If you’re wise, you’ll get in on the ground floor of this industry while it’s still hiring humans. Corporations that can efficiently employ and maintain droids will be at a competitive advantage.
What happens when corporations start acquiring companies to access their source code? It means that one corporation could have complete control over the market because this would allow them to design new technology without paying royalties. The company that owns the source code can then sell it to other corporations, which will pay for that privilege.
To protect your software, it is best to have an escrow agreement in place. If you need more info be sure to check out Software Escrow for Dummies.
Data leaks
On top of privacy concerns, security might be another issue corporations face if AI becomes widespread. They have the power to do everything from gathering data and making decisions to managing inventory and engaging with customers. AI will indeed make our lives easier by doing repetitive tasks, which is why scientists are spending their time developing learning machines. However, if a security breach happens, corporations could lose a lot of sensitive information -and money- in one fell swoop.
Because corporations will have so much information on customers and clients, they’ll need a lot of protection. Right now, it’s pretty easy for someone to hack a corporation – but with AI, hackers could end up having an advantage because droids will be making decisions that humans do not understand. Not only that but hackers could very well 3D print their droids and wreak havoc on the unprepared.
The Internet of Things is an excellent example of this problem. These devices are connected to insecure servers every day, which can be hacked into by just about anyone with a decent degree of technical know-how. Once data is breached – and it inevitably will be – it will be hard to contain. The next unfortunate victim? Corporations use AI in their daily operations.
AI is problematic for people; corporations are also trying to figure out how to use or avoid using this technology without compromising their future.
What about the future?
AI is going to be part of our lives whether we like it or not. Multiple companies are creating droids that can work alongside humans, posing an even more significant threat to corporations if this AI is designed with ill intentions. Some believe that the future of humanity might be in jeopardy because of AI; others think AI will save us all by getting rid of wars and disease. What do you think?
