This article discusses the disadvantages of artificial intelligence and its potential impact on unemployment, poverty, and the overall well-being of society. It also highlights concerns about AI overpowering human beings and the potential enslavement of humanity by intelligent machines.
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Running head: BUSINESS RESEARCH METHODOLOGY Business Research Methodology Name of the Student: Name of the University: Author note:
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1BUSINESS RESEARCH METHODOLOGY Annotated bibliography Article1:Oak,M.(2019).DisadvantagesofArtificialIntelligence.Retrievedfrom https://techspirited.com/disadvantages-of-artificial-intelligence This author of this article Manali Oak has highlighted the disadvantages of Artificial Intelligence for humankind. She has illustrated on the harsh impact that this technology would impose if human beings use it in wrong way. As per the article, there are high chances that man would use these intelligent machines to accomplish some dangerous missions (Oak, 2019). Also, AI is suspected to be replacing the human beings with the robots in each and every field. Hence, the author of this article has shown her concern with the high level of unemployment, poverty, crime and depression as a result of high use of artificial intelligence. With the same, there is also high chances of intelligent machines to overpower the human beings. A day will come when human beings might get enslaved by the machines, who would be ruling the world then. Article 2:Cassard, A. and Hamel, J. (2018). Exponential Growth of Technology and the Impact on Economic Jobs and Teachings: Change by Assimilation.Journal of Applied Business & Economics,20(2). This article by Anita Cassard and Joseph Hamel has provided a brief research information about what is working and what is not, has changed, and what are the other options that might lurk in the coming future because of the advancement in science and technology. The study has highlighted the ways by means of which Artificial intelligence (AI) is proving itself to be a boon for the society. It is providing a way for amplifying and going beyond the present capacity of the labor and capital for driving the economic growth. It is also to mention that this paper has presented different examples how Artificial Intelligence is introducing new concepts of leading business (Cassard & Hamel, 2018). UMO is one of
2BUSINESS RESEARCH METHODOLOGY the examples among them that shows what hive mentality could achieve and how proper, predictable and accurate the net result can be. The authors of this article have also revealed the fact that AI can just double up the rates of annual economic development and growth by 2035 by means of transforming the nature of work and by creating new relationships between machines and man. Article 3:Jarrahi, M. H. (2018). Artificial intelligence and the future of work: Human-AI symbiosis in organizational decision making.Business Horizons,61(4), 577-586. The author of this paper, Sir Mohammad Hossein Jarrahi has described the ways how AI has penetrated into most of the processes in several different organisations and has resulted in growing fear among the human beings regarding their future employment. This article has highlighted the complementarity of the Artificial Intelligence and humans and has also examined how each and every one can bring their own strengths in the process of organisationaldecisionmakingthataretypicallycharacterisedbytheequivocality, complexityanduncertainty.Alongwithgreatercomputationalinformationprocessing capacity as well as an analytical approach, AI can also extend the cognition of human beings while addressing the complexity (Jarrahi, 2018). On the other hand, the human beings can stilloffermoreintuitiveandholisticapproachwhiledealingwithequivocalityand uncertainty in the decision making of the organisation. Article 4:Cellan-Jones, R. (2014). Stephen Hawking warns artificial intelligence could end mankind.BBC news,2, 2014. This article by Rory Cellan Jones has highlighted Stephen Hawking’s concern regarding the artificial intelligence. The pre-eminent scientist of Britain had once warn mankind that artificial intelligence could end the mankind as the efforts for creating thinking machines could pose significant threat to the very existence of human kind or human race.
3BUSINESS RESEARCH METHODOLOGY Professor Stephen Hawking has indeed claimed that the primitive forms of the artificial intelligence that have been developed so far have proved to be very useful for humans and businesses but at the same time, he also fear about the outcomes of creating a thing that could match or even surpass humans (Cellan Jones, 2014). He claimed that it is likely to take off on its own and can even re-design itself at an increasing rate. Summary of the articles The article by Manali Oak has presented her deep concern on the wide array of disadvantages of artificial intelligence for the future of human beings. It has highlighted the tragic consequences of wide use of artificial intelligence in every field including the increasing rate of unemployment, poverty and depression among the human beings. On the contrary, article by Anita Cassard and Joseph Hamel have opposed this view by claiming that artificial intelligence is going beyond the present capacity of the labour and capital for driving the economic growth. It is likely to create more job opportunities if people do it in right way. If people work together in order to guide the robotic innovations and AI in responsible way in every industry, then the creation of the job opportunities is sure to take place. It is to mention that whenever there is any significant advancement in the ways people work, there is always a presence of fear that the job market for humans would go away but in turn, this brings in more demand for human hands and human help. Furthermore, in support ofthispoint,thearticlebyMohammadHosseinJarrahialsohasdemonstratedand highlighted the positive impact of AI on current society and on the upcoming years. He have claimed that AI can also extend the cognition of human beings while addressing the complexity with the help of greater computational information processing capacity and an analytical approach.
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4BUSINESS RESEARCH METHODOLOGY It is to mention that the impacts of AI technologies on the businesses are all projected towards increasing the productivity of the labours by at least 40% within 2035. AI is really a new factor that helps in the production of business and also has a great capacity to introduce new sources of growth and development. However, the article presented by Rory Cellan Jones has also presented the points in opposition of the concept of artificial intelligence. He have presented a brief analysis of the claims made by Professor Stephen Hawking on the negative impact of Artificial intelligence on human kind or human race. It claims that by the advancement of science and technology, people are creating thinking robots but they are aware of the fact that these robots are going to replace them in coming years. It is then when human being will get eslaved by the machines who would be ruling the world. Conclusion Hence, from the analysis of the above articles it can be concluded that all the four articles have highlight critical information on the potential, strength, and capacity of AI technologies and robotics in creating and destroying the job market in their own ways. However, it is to state that since the evolution of human race and after introduction of every new technology, man has always feared about the existence of his position that he thought would be no longer demanding in the coming future. But, it never took place.Whenever there was an advancement, a new technology in the place or in the ways we work, there was also a fear that our jobs would go away. The best example to mention in this context is that of recent technological innovation, which has resulted in more jobs- the introductionof Automation. It is particularly truer because of the fact that with its introduction in the business market, firms started hiring more hiring more candidates who are technology experts for helping them using the tools of automation which they have integrated. Hence, it can be stated that AI too, would also be leading mankind towards its development and betterment
5BUSINESS RESEARCH METHODOLOGY and instead of decreasing the job market, it would rather increase the job opportunities, especially for the technology experts in the coming years. References: Cassard, A. and Hamel, J. (2018). Exponential Growth of Technology and the Impact on Economic Jobs and Teachings: Change by Assimilation.Journal of Applied Business & Economics,20(2). Cellan-Jones,R.(2014).StephenHawkingwarnsartificialintelligencecouldend mankind.BBC news,2, 2014. Jarrahi, M. H. (2018). Artificial intelligence and the future of work: Human-AI symbiosis in organizational decision making.Business Horizons,61(4), 577-586. Oak,M.(2019).DisadvantagesofArtificialIntelligence.Retrievedfrom https://techspirited.com/disadvantages-of-artificial-intelligence