Is Artificial Intelligence an Enabler or a Demon?

Date:

Trending

Let this quote by Elon Musk be the precursor to the ensuing discussion in this article. Technology, without a doubt, is an enabler of almost everything today. From banking transactions to food ordering, from shopping to education, technology is everywhere, simplifying our lives.

- Advertisement -

However, there is a downside to it, as opined by Musk in the above quote. Too much dependence, perhaps, isn’t going to serve the same purpose as it has done previously. Artificial intelligence is certainly a great tool of innovation, however, the speculation that it would kill menial jobs, at large, cannot be denied either.

[bs-quote quote=”With Artificial Intelligence we are summoning the demon” style=”style-9″ align=”left” author_name=”Elon Musk”][/bs-quote]

- Advertisement -

A couple of years ago I was watching this episode of ‘Human Need Not Apply’ that drew a great analogy to describe the great AI debate of today. Imagine two eighteenth-century horses discussing how the man-made machine is going to simplify their lives.

While one of the horses was of the opinion that with the introduction of new machines, horses will get rid of the tiring jobs, the other horse feared losing jobs, once and for all.

And now as we sit in our 21st-century air-conditioned offices, we can clearly observe that horses are thrown out of the economy. Even horse population has seen a steep decline over years.

Perhaps, the situation is not that dire for us, just yet, however, the human race is standing at the same vantage point as those metaphorical horses. While the world is immersed in the debate, whether or not AI can take away menial jobs, there is a possibility that we are cumulatively moving towards an unknown paradigm.

What Good AI is Doing Right Now?

First off, Artificial intelligence can produce wonders through its natural language processing (NLP) capabilities. From onboarding new employees to training existing ones, from speech analytics to coaching virtual assistants, NLP is a catalyst that can effectively drive such endeavors.

Secondly, automation, which is a crucial element of AI, is a strong tool to streamline iterative jobs. This not only enhances the efficiency of a firm but also positively impacts the productivity of employees.

Thirdly, AI has changed the entire landscape of online shopping, video streaming, once and for all. With automated product and video suggestion based on consumer web search, the e-commerce and content space has been revolutionized.

Why is AI Speculated as a Demon?

After highlighting what good AI is doing presently, let us venture into the area that has been at the center-stage of debates across the world. Musk’s statement “With Artificial Intelligence we are summoning the demon” is a glimpse of the viewpoint that industry thought leaders hold.

The concerns raised by the likes of Musk isn’t baseless. With the proliferation of AI, more and more systems are going to be automated.

We have already witnessed the rise in the use of bots to assemble cars and the day is not far when other jobs that now require manual labor are going to be controlled by AI-powered bots.

As per a report, if automation becomes commonplace, it will render almost 47 percent of human population jobless. This, admittedly, would create chaos and in the fight for survival bots and humans would be on opposite ends.

This is the exact scenario that every industry leader is trying to avoid. The luminaries such as Elon Musk are constantly warning everyone of this wary situation. And it is about time we open our eyes.

Having said that, the progress in AI hasn’t been tremendous either. Facebook’s Head of AI, Yann Lecun remarks “Our most advanced AI systems are dumber than a rat”.

However, we cannot be complacent at all. One bright mind, one major innovation can turn the table.

Therefore, it is imperative to understand that technology must be an enabler and not a source of unrest. Its judicious use is incumbent to tip the scales in the direction of mankind’s benefit.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

What to Consider When Choosing a Car Battery Repair Shop

When faced with car battery issues, finding the right repair shop becomes necessary. Given the central role a battery plays in the functionality of...

Fintevex Overview: What Traders Need to Know in 2025

In 2025, the trading world is more competitive than ever. With hundreds of platforms fighting for attention, each promising tighter spreads, smarter tools, and faster execution it’s become harder for traders to know which platforms genuinely deliver and which are just noise. This landscape has...

Lexus CarPlay and Android Auto Integration

In the ever-evolving landscape of automotive connectivity, Lexus CarPlay and Android Auto integration have...

Sifx trading platform: What Traders Looking to Profit Should Really Know

sifx.com is an online trading broker that provides access to multiple global markets through...
00:01:49

Trump Claims U.S. Trade Threat Helped Defuse India-Pakistan Ceasefire

On Monday, U.S. President Donald Trump said his administration played a key role in...

Operation Sindoor: India, Pakistan Agree to Ceasefire After High-Level Military Talks

India and Pakistan agreed on Saturday to halt all military activities across land, air,...

The Future of B2B Commerce: E-commerce Platforms and Beyond

The way companies buy items and sell services has changed a lot from the...

No OTPs, No Hassles: The Rise of Passwordless Digital Payments

India is pacing toward a passwordless future in the digital payments ecosystem. Technologically, it’s...

Kriscore Capital Launches ₹100 Cr Fund to Back Early-Stage Indian Tech Startups

Kriscore Capital, a newly launched venture firm focused on early-stage Indian technology startups, has announced the first close of its debut ₹100 crore fund. An...

Why Crypto Traders Are Flocking to Cap-tex Now

A recent surge in cryptocurrency prices, driven by global economic shifts and high-profile endorsements,...

How AI-Powered Online Platforms Are Revolutionizing Life Insurance Recommendations

Anyone with a child, a spouse, a life partner, or a parent as a...

Alphabet CEO Sundar Pichai Increases Stocks Holdings Amid Dividend Adjustment

According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Alphabet...

From Arcade to Adventure – The Evolving Face of Entertainment and Why It Counts

Entertainment has always been a reflection of the shifting expectations of society. Earlier, people...

How Technology Helps Combat Various Viruses and Diseases

Technology has transformed the ways we approach vaccines, particularly for the flu. One noteworthy development is the precision in matching flu vaccines to the...

12 Eye-Popping Hacks to Make Your Next Business Presentation Sparkle

Business presentations are often necessary to gain new clients and showcase what it is you can offer, but more often than not, they end up being a bit dull, right? Well, if you read on, soon that will not be the case for your...

The Long-Term Power of Investing: Selecting Undervalued Industries

Investing can seem overwhelming, especially for beginners, as the numerous options and strategies available...

The Impact of EdTech on Student Outcomes in Higher Education

The introduction of interactive whiteboards in the early 1990s marked a major shift in...

The Ultimate Guide to Choosing and Using Fonts in Your Design Projects

Fonts play a crucial role in every design project, from branding and web design...

Predictive Analytics: The Key to Supply Chain Resilience

In today’s interconnected global economy, supply chains are the lifeblood of businesses, weaving intricate...

Empowering Growth: Boosting the Robotics Sector with Targeted Support

India's robotics sector is emerging as a key area of technological progress, driving innovation...

Software and Technology Changing the Industry

The advent of software and technological advancements has been a game-changer across various industries....

Alphabet COA Amie Thuener O’Toole Increases Stock Holdings

In a filing with the U.S. Securities and Exchange Commission (SEC), Alphabet Inc.’s (NASDAQ...

Elon Musk’s X Sues Indian Govt Over Content Regulation Clash

X Corp, an Elon Musk-owned social media firm, sued the Indian government in the...

Interview: Vserve CEO Siva Balakrishnan on SEO Secrets for Amazon Seller Success

In an interview with TechGraph, Siva Balakrishnan, CEO and Founder of Vserve, shared how...

Alphabet CEO Sundar Pichai Increases Stocks Holdings Amid Dividend Adjustment

According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Alphabet...

Meta Legal Head Offloads Shares worth $577K

Meta Platforms Inc.’s (NASDAQ: META) Chief Legal Officer, Jennifer Newstead, has sold 921 shares,...

Shell Executive Robin Mooldijk Sells €1.69 Mn in Shares

Shell plc’s Projects & Technology Director, Robin Mooldijk, has offloaded 50,000 shares in the...

BGC Group raises $700 Mn in bond sale to refinance debt

BGC Group, Inc. (NASDAQ: BGC) has finalized a $700 million private offering of senior...

Alphabet Legal Chief John Kent Walker to Sell $2Mn in Shares via Morgan Stanley

Alphabet Inc.’s (NASDAQ: GOOGL) Chief Legal Officer, John Kent Walker Jr., has filed to...

From Arcade to Adventure – The Evolving Face of Entertainment and Why It Counts

Entertainment has always been a reflection of the shifting expectations of society. Earlier, people...

Elon Musk’s X Sues Indian Govt Over Content Regulation Clash

X Corp, an Elon Musk-owned social media firm, sued the Indian government in the...

Why Smart Cities Are the Future of Water Conservation

Water conservation has become an important factor due to climate change and worsened water...

Interview: Vserve CEO Siva Balakrishnan on SEO Secrets for Amazon Seller Success

In an interview with TechGraph, Siva Balakrishnan, CEO and Founder of Vserve, shared how...