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Pros and Cons of Artificial intelligence(AI): A Complete Guide 2024

The purpose of this blog is to discuss the Pros and Cons of Artificial intelligence(AI) and to present a Complete Guide for 2024 with respect to artificial intelligence and machine learning. 

Pros and Cons of Artificial intelligence(AI): A Complete Guide 2024
Home > Blogs > Pros and Cons of Artificial intelligence(AI): A Complete Guide 2024

    The purpose of this blog is to discuss the Pros and Cons of Artificial intelligence(AI) and to present a Complete Guide for 2024 with respect to artificial intelligence and machine learning. 

    People across the world have seen the strides that AI technology-based applications have made in the recent past. 

    A cue about the future of AI can be taken from Apple's Siri, Google’s Home Mini and Amazon’s Alexa which have found a respectable place in the households.

    Before analysing the pros and cons of AI, we appreciate the fact that through the development of these AI-based products, people get to execute the tasks of the human brain from machines. 

    One of the direct benefits of AI  development is the feature of getting miscellaneous tasks like- turning on lamps, opening the main door, shutting the main door etc., by giving voice-based commands to these AI-based products. People get to know many extensive details on various subjects relating to history, geography, law and so on. 

    Before indulging in an elaborate discussion about the Pros and Cons of AI, it will be prudent to first understand what exactly is AI or define artificial intelligence to enable laymen to understand it in crystal clear terms.

    Artificial Intelligence, as the name suggests, is a branch of computer science that through the design and development of algorithms, enables computers to replicate human thinking.

    If we have to define artificial intelligence then it can be said that Artificial Intelligence is a simulation of human intelligence through machines to do things. Human intelligence involves cognitive abilities like -attention, memory, logic and reasoning, and processing. 

    The future of AI revolves around better simulation of the varied cognitive abilities of humans through machines across all industries.

    The types of AI can be categorised as weak, strong and super AIs, depending on the ability to perform simple or complex tasks. Thus, the types of AI are based on the degree of complexity of the tasks performed by machines.

    During the journey from womb to tomb, different phases of life witness a kind of growth and development in cognitive abilities. 

    Artificial intelligence is also passing through the same stages in its evolutionary journey. There is a lot of scope for varied types of AI development. 

    Thus, judging the pros and cons of AI is going to be a continuous phase as the AI-based models see a lot of scope for further development. 

    Those who are interested in assessing the pros and cons of AI must keep the future prospects of AI development in mind.

    There is a lot of scope for possibilities and opportunities so as to reap the optimum benefits of artificial intelligence across different industrial sectors at different levels. 

    Software developers in the field of AI & ML have immense responsibility on their shoulders to develop and design algorithms in a fair and just manner with due regard to the ethical usage of AI.

    Some AI programs analyse complex sets of data and improve their performance on their own without the aid of humans. In machine learning, the algorithms are so designed that machines learn and make predictions by self-tuning the data sets. 

    On one hand, the web of AI and ML is instrumental in doing everyday domestic functions and on the other, eases out business processes involving the product life-cycles as well.

    NVIDIA, the world leader in AI development, provides AI-based solutions using AI technology which are widely deployed by big players across various industrial sectors including in the transport industry in self-driven vehicles. A hint about the benefits of artificial intelligence can be made by the varied AI-based solutions the companies like NVIDIA and others offer. 

    Undoubtedly there are innumerable pros of AI technology which has the might to fathom material information from big data enabling business professionals to make informed decisions. NVIDIA and other leading companies in AI technology determine the future of AI.

    AI To Streamline Business Processes:

    Companies can use AI and ML to streamline their production processes, project and predict profits and losses and pinpoint the schedule of maintenance. 

    Machines are supposed to be foolproof- A general perception:

    It is said that to err is human, to forgive the divine. But that probably does not hold true with respect to artificial intelligence as people expect machines to be foolproof. 

    Considering the staunch faith and trust of the people in computers and software programs, the onus of developing immaculate algorithms is on the software developers and AI and ML engineers. 

    Pros and Cons of AI-based applications and solutions :

    1. Unbiased approach :

    With algorithm-based business processing, it is expected that there will be no room for elements like favouritism and biasedness. 

    However, much will still depend on the fair intent of the software developers who are supposed to be without any malice towards anyone. 

    The very designing and developing of the algorithms need to be for the good of the public at large.

    2. Unbiased decision making: 

    Unbiased data mining and data evaluation, the machines will make decisions through the AI algorithm-based data sets.

    3. Seamless execution of repetitive tasks: 

    With AI-based algorithms, works of a repetitive nature can be done through machines without the indulgence of boredom and annoyance, which humans face while performing works of a repetitive nature. Unlike humans, the machines will not get baffled by the complex data.

    4. Impact of AI-based streamlining on the human psyche :

    With the deep penetration of AI-based models in domestic routine affairs as well as in business processes which will be trained to take logical, systematic and unbiased actions like a seasoned person, the AI-based models will help people purge the negativity, if any. 

    A time may come when the negative side of human intelligence will be deeply influenced by the positive side of artificial intelligence. 

    5. Positive Impact of AI-Based Solutions in Criminal Justice Systems: 

    With the application of AI-based solutions in the Criminal Justice System, the rogue and disgruntled elements will be contained and reforms can be brought in a true sense in a fair and just manner as envisaged in the various Jail Manuals.

    6. Ease of doing in Robotics, Industrial Automation, Transport Systems Medical Research and Diagnostics. 

    AI-based solutions will facilitate medicinal research and help in diagnostics in a big way. Robotics, Industrial Automation and Self-driving vehicle transport industries are going to reap tremendous benefits. 

    7. Cost-effectiveness

    With the seamless power supply, the AI-based solutions will continue to work round the clock in an efficient manner without taking tea breaks or recess for lunch. It frees up workers involving skilled tasks which will add more value for the consumer. 

    The disadvantages of artificial intelligence:

    The disadvantages of artificial intelligence are points like costly implementation, need for constant generation, supply, and maintenance of power,   potential human job loss, and lack of emotion and creativity. As in every industry ethical usage is foremost, and the same holds good for the future of AI.

    Conclusion: Pros and Cons Of AI 

    Artificial Intelligence Technology has tremendous potential as it is going to transform all business processes across various industrial sectors. Its ethical use will be very beneficial in research and development in the scientific world, especially in medical diagnostics, robotics and self-driven vehicles. 

    There are various opportunities and possibilities which are beyond comprehension at present. 

    It is for this reason, that various Universities and Colleges offer courses in AI and ML at various UG, PG, Diploma and Certificate levels providing in-depth knowledge and skills about the nitty gritty of the development and designing of the AI algorithms. 

    Distance Pathshala facilitates interested learners to enrol on the best Online and Distance Learning programmes to ensure their rapid career progression. 

    Aspiring learners must feel free to connect with the seasoned counsellors of the Distance Pathshala to get themselves registered in the best-suited Online Courses.  

    FAQs: Pros and Cons of Artificial intelligence

    The disadvantages of artificial intelligence include a lack of human traits like- Emotion, Compassion, kindness and Creativity in AI-based models. The outcomes will be based on mere preloaded facts and experience.

    The benefits of artificial intelligence include- Cost reduction, Helpful in doing work of a repetitive nature, and Algorithms trained to deal with data sets in an unbiased manner.

    The advantages of AI include perfection and efficiency through automation, data analysis for making informed business decisions, medical diagnostics, and autonomous vehicles. The disadvantages of artificial intelligence include threat of slashing of jobs, security hazards from hacking and above all stereotype responses without admixture of the potion of emotion and empathy.
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