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Impact of AI on Business and Education

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Added on  2020/11/12

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AI Summary
This assignment discusses the impact of artificial intelligence (AI) on modern society, focusing on its effects on business, education, and social risks. It highlights the growth in storage capacities due to big data analytics and the development of algorithms with logic. The use of AI has led to revolutionary changes in training and education, but also raises concerns about privacy and cybersecurity. The assignment draws from various sources, including books, journals, and online articles, to provide a comprehensive understanding of AI's impact on society.

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ESSAY

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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
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INTRODUCTION
Thesis statement: Is Artificial Intelligence a threat or an aid to future humanity?
With advent of technological advancements, it paved the path for artificial intelligence
(AI). It was coined by John McCarthy who is also known as the Father of AI. It is popularly
called as machine intelligence. This is the combination of science and engineering concepts that
led to many astonishing discoveries and inventions. This AI effect is well known due to ever-
growing capabilities shown by AI machines and tools with understanding the human behavioural
approaches.
However, there are mainly three categories of these AI systems such as human-inspired,
analytical and lastly, humanized artificial intelligence. Here, the major purpose is to understand
the extent of behaviour by machines like humans is affecting humanity or not. Nonetheless, this
AI era started due to the ambition of building a world of systems and machines that can exhibit
intelligence and behaviour in context to cognitive and emotion abilities (William, 2016).
This assignment is based on the consequences that has been generated with the rise of
artificial intelligence and its related tools. It will include about the relevancy of AI in today's
context along with description on advantages and disadvantages of AI in all the sectors.
MAIN BODY
Relevancy of AI in today's context
This latest technology is implemented to boost operational efficiency. It has eliminated
the manual working in effective ways. It also useful for managing the task in automated ways.
Large companies are investing huge amount in AI to do complex task. It has provided a platform
to gain competitive advantage and development of nation. (Diana-Maria and et.al., 2018).
Furthermore, with use of AI employees are able to work in effective way. These systems have
supported implementation of strategies successfully manner. It will be useful for enhancing
smooth flow of operations and function in the organizations. It has helped in maintaining quality
as per standards set on the basis of product development on artificial ways.
For Example- In Volkswagen, Artificial intelligence technology can used for purpose of
designing and assembling. It is beneficial for adding some innovative features on the car to
automatically performing different operations and function in effective manner. This technology
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will help for removing the errors in the programs to maintain their efficiency and performance in
proper ways.
The artificial intelligence has been the relevant subject for the discussion. In various parts
of the world the technology has raised a new debate on its impact on human survival. The
increasing role of artificial intelligence in organisations for precise operations and in biomedical
for improving the quality of life has supported the use of AI in every aspect and field. On the
other hand, when the entire earth has been facing the adverse impact of environment damage and
economic crisis. The critics and people are demanding that the technology was for benefits not
for snatching the jobs of people.
The automation in many organisations has left many people jobless those who are unable
to fulfil their need and requirement. (George, 2017). Thus, it has become important to evaluate
that if AI is actually benefiting the human population or is just making foundation for more
devastating outcomes. The lack of control mechanism in such devices during failure can also
cause even threat for the survival of human beings. Hence, it is essential that these aspects of AI
must be considered so that the necessary conclusion and strategies can be developed for making
this technology an integral part of development process.
Critical thinking with argumentation component
The argumentation may be considered to concern about how assertions can be proposed
in the term of artificial intelligence. AI helps for resolved and discussed about the issues that
impact on the human being survival. There are two main components of artificial intelligence
such as Aristotle and dystopian. Nowadays, Aristotle is applied in the present day, It will address
the various theme which support to the legitimate argumentation based on AI in terms of
humanity. (Jerome and Theodore, 2015). On the basis of discussion, it can be identified that
many people participate in the debate to engage with the another discussion regarding the
artificial intelligence. AI is the best technology that help for performing different task on the
machine that contribute towards the philosophical theories. This will be analysing the specific
role of evolutions in the argumentation technology and computations. Within the specified
explanation of argumentation that also identify the different themes of issues related to
computational nature in followings ways.
The debate and argumentation process will help for identifying the actual component and
argument in the artificial intelligence.

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It will be determined the specific rules and protocol for the argumentation processes.
It also determines the specific condition and situation for further discussion regarding the
artificial intelligence.
These are the issues that generated during the performing different task and operations in the
organizations. Artificial intelligence is used the well established and developed theory which
based on the mathematically proof and formal logics. Artificial intelligence always inspired to
contribute towards the reasoning and logic. It can be found that mathematical theory defines the
expresses of assertions. On the other hand, the mathematical reasoning can be used for
development of the argumentation model related to artificial intelligence. This debate will help
for arguing and reasoning to identify the competitive advantage of AI in the marketplace.
(Robert Bogue, 2014). Argumentation and debate are determined the specific role and
responsibilities of artificial intelligence in the task performance. Argumentation process can be
done by the religious, scientific and governments etc. the government has offered the modern
technology for engaging the people within the legal process and democratic. Artificial
intelligence has ability to judge and determine the quick evidence of particular process. One of
the most challenging part of artificial intellectual is deep thinking to put some ideas and logic
towards the argumentation.
Benefits of AI
There have been many advantages that brought the attention of usage of AI tools and
methods in humans’ lives. Artificial Intelligence has proved beneficial in making daily chores
convenient with time efficiency and has made the human lives better with ample time to focus on
other things. The application of AI tools has brought automation in context to many machines
and equipment’s and has allowed this self-autonomous approach in completion of tasks and
responsibilities. Moreover, it has shed light on the evolutionary techniques that has brought the
human experience in more interesting manner (Russell,Dewey and Tegmark,2015). This has
made the impossible tasks better such as a deaf can listen to the surroundings. Along with this,
the diagnosis and treatments of complicated diseases like Alzheimers, dementia have become
easily detectable with better assistance in surgical procedures, etc. Additionally, it has simplified
the regular check-ups, clinical research studies, patients record keeping with employee’s data and
other related details in quicker modes to lay the foundation of time efficiency. This assisted in
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saving patients’ lives before it would have become worse along with notifying any changes in
relation to patients' prognosis or records of any allergies etc. at faster mediums.
Furthermore, it brought radical changes in the education and banking sector as well.
Tutoring of classes have become more visual centric with emphasis on better understanding of
concepts and theories. This AI has made students to start analysing and evaluating the various
aspects of world with improved developments (Krause and Clark, 2012). Even the banking
sector has become largely dependent on it by transforming the routine tasks and responsibilities
automated and better. For e.g. when Alexa, a virtual personal assistant was introduced by
Amazon, it became popular due to its usage in smart speakers and led a momentum that made
other companies to bring similar invention.
In addition, the driver-less cars have also become an important aspect of society.
Currently, it is in testing phase but has proved advantageous with respect to reflexes which
would be much faster than a human. This would also prevent accidents, rash driving situations
and speeding issues in proper manner (Victoria and et.al., 2010). For instance, large companies
like Waymo by Google, Uber etc. have jumped into this technology and competing against each
other for this self-driving services in the global competitive marketplaces. AI has also changed
the space exploratory studies and other complex equations of death, diseases, etc. in sequential
manner by simplification process that has helped to understand these subjects effectively. Thus,
AI has made the human race simpler and more effective in terms of standards of living and
overall assessment of bringing innovative changes properly.
Emerging threats of AI
Artificial intelligence has affected the employment opportunities in great manner. AI has
already cutting down the jobs and putting question marks about the near future. There was a
study by McKinsey Global Institute that stated about loss of 800 million jobs due to demand for
robotics at global level (Vincent, 2017). There is also a darker impact on the blue collared jobs
since their jobs are more vulnerable for the companies. Along with, there are few things that
needs the human touch whereas AI is mainly based on programming and automated algorithms.
They are good in conducting the analytical solutions, however, they lack in creativity and may
not always provide the correct solutions. There were reports that AI could not beat humans at the
game of Go till the year 2027 but in 2015, it has already been done by Google's DeepMind.
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Furthermore, AI has brought down the improvements with respect to certain situation in
negative order. Its inability to differentiate between the actual happenings and the changing
surrounding have led to threatening crisis. For e.g. when the input data is wrong then it will
provide incorrect solutions that have led adverse effects on the overall working practices of
businesses, processes or companies (Oswald and Mascarenhas, 2018). Lastly, it is expensive to
operate and conduct such research with the help of AI tools and techniques. This would be
challenging for small and medium scale industries as it would become difficult for them to spend
such huge investments. It has also brought attention towards the decision-making mechanism
that laid the foundation of partial attitude in doing any task or job at hand. However, it has also
given birth to the dystopian type of societal environment. This type of culture would affect the
human race in the most dehumanizing manner. It describes about the over-dependency of
humans on these bots and other AI tools that made them dis-oriented from others and have
blocked them in one of the unpleasant manners (V.L. Stefanuk and A.V, 2016). Such an
imaginary world would lead to a dangerous situational crisis where humans will not remain
connected and will lead a robotic life. This would hamper the whole world in the most alarming
order and has adverse impact on the humanity.
Illustration 1: Evolution of Artificial Intelligence
(Source: Artificial Intelligence and Investing in the Future of Technology, 2017)

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CONCLUSION
It has been successfully concluded that artificial intelligence has brought more benefits
than drawbacks in humans’ lives. This sudden rise of AI tools such as chatbots, personal
assistants like Alexa, Siri etc., self-driven transportation vehicles and many more has brought
attention in implementing them in competent manner. Their contribution is profound in terms of
overcoming the prevalent challenges and issues of the society, especially in major sectors like
medical, education, legal, hospitality and more. Henceforth, the thesis statement has reinstated
that AI and its application has brought consequences in both aspects.
Moreover, it has become a relevant aspect in today's business world and has affected in
exponential growth. This has also improved the storage capacities with the help of big data
analytics by developing the algorithms and reasoning with logic. Nonetheless, humans must not
be overly dependent and try to use it for the roles which are affecting the humanity as a whole.
However, AI has led to revolutionary changes in the way training and education has grown.
Along with, it has recognised the social risks that are implied with the use of AI tools. This has
also laid the foundation of better privacy and cybersecurity and regulations has been followed to
nullify the negative effects immensely.
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REFERENCES
Books and journals:
Diana-Maria Cismaru, Patrizia Gazzola, Raluca Silvia Ciochina, and et.al., .2018. "The rise of
digital intelligence: challenges for public relations education and practices",, Vol. 47
Issue: 10, pp.1924-1940
George Gadanidis, 2017 "Artificial intelligence, computational thinking, and mathematics
education",, Vol. 34 Issue: 2, pp.133-139
Jerome C. Glenn, and Theodore J. Gordon, 2015 "Creating a better world: 15 global challenges”,
Vol. 4 Issue: 5, pp.15-37,
Krause, P. and Clark, D., 2012. Representing uncertain knowledge: an artificial intelligence
approach. Springer Science & Business Media.
Oswald. A. and Mascarenhas, 2018. Artificial Intelligence and the Emergent Turbulent Markets:
New Challenges to Corporate Ethics Today, in FR. Oswald A. J. Mascarenhas,
S.J. (ed.)Corporate Ethics for Turbulent Markets (Corporate Ethics for Turbulent
Markets, Volume )Emerald Publishing Limited. pp.215 – 242
Robert Bogue, 2014 "The role of artificial intelligence in robotics", , Vol. 41 Issue: 2, pp.119-123
Russell, S., Dewey, D. and Tegmark, M., 2015. Research priorities for robust and beneficial
artificial intelligence.Ai Magazine.36(4). pp.105-114.
V.L. Stefanuk and A.V. Zhozhikashvili, 2016. "Productions and rules in artificial intelligence",,
Vol. 31 Issue: 6, pp.817-826
Victoria.L and et.al., 2010. "Artificially intelligent conversational agents in libraries". Vol. 28
Issue: 4, pp.496-522.
William E. Halal, 2016."Artificial intelligence is almost here", , Vol. 11 Issue: 2, pp.37-38
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Online:
Artificial Intelligence and Investing in the Future of Technology, 2017.[ Online]. Available
through:<https://medium.com/ffvc-pov/artificial-intelligence-and-investing-in-the-future-of-
technology-4b3a170beecf>.
Vincent,J.,2017. Automation threatens 800 million jobs, but technology could still save us, says
report. [Online]. Available
through:<https://www.theverge.com/2017/11/30/16719092/automation-robots-jobs-global-800-
million-forecast>.
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