In recent years, we have witnessed an unprecedented surge in the deployment of artificial intelligence (AI). From self-driving cars to customer-service bots that provide assistance when needed – all powered by AI – its impact cannot be underestimated.
Today’s businesses are eagerly exploring how AI can streamline operations and enhance their offerings, while simultaneously enhancing customer satisfaction levels.
Despite many reservations about its potential dangers as well as concerns over its efficacy in certain scenarios, few consider it a viable alternative to existing approaches to problem-solving or decision-making. So why has AI become such a hot topic lately? Let’s take a look at five compelling statistics that provide an insightful glimpse into the transformative power of AI…
5 Statistics That Show How Artificial Intelligence Is Transforming the World
One in three jobs could be done by AI by 2030
By 2025, 23% of the workforce could be replaced by artificial intelligence (AI) and robotics. This alarming statistic has prompted renowned business leaders such as Microsoft founder Bill Gates and ex-president Barack Obama to take measures to safeguard future employment opportunities.
On the one hand, this forecast only applies to select occupations; thus, it does not indicate that more than two-thirds of workers will be displaced in a single fell swoop! However, it does provide a sobering reminder that we cannot afford to overlook AI’s potential impact on employment – especially if there is any uncertainty about what comes next with regard to advancement in this field.
It may not yet be feasible for all jobs to be automated, but some industries are already seeing sizable portions of their workforce eliminated. Take truck driving, for instance:
In 2016, the number of commercial vehicle drivers employed in the U.S. decreased by nearly 560,000 people. And in 2017, it dropped by another 65,000; indicating a steady decline over the past few years. By 2030 however – based on its current trajectory – this industry could lose up to 5 million jobs due to automation; up from its current estimate of 2 million currently!
AI is being used to investigate crime scenes
This is one of the most unique uses of AI yet, with forensic investigators employing it in order to probe cold cases and aid in identification. In this instance, experts have identified that advances in AI provide assistance during investigations; they accurately identify objects and people in photographs as well as distinguish between them.
The use of AI here may not be exhaustive, but we can anticipate more applications in the future.
70% of startups have already implemented AI
The fact remains that AI is making inroads into nearly every sector of modern life. In fact, during Q2 2018 alone venture capitalists invested $4.8 billion into AI startups – a 50% increase over 2017!
Investing in artificial intelligence may be financially enticing for many entrepreneurs, but it’s also an opportunity to transform their business models and expand their reach. Through harnessing these technologies, companies can create brand-new solutions and products while simultaneously reducing costs and building a thriving community around the enterprise.
According to hypocrites
While we may be overcome with awe at the aspirations of robots, those in power are not necessarily exhibiting the same level of enthusiasm. As an example, take a look at Meryl Streep’s recent speech upon accepting a lifetime achievement award for her portrayal of Margaret Thatcher in the critically acclaimed drama ‘The Iron Lady’.
It is evident that she was only outwardly thrilled by this honor, and her body language conveyed a sense of joy along with gratitude as she accepted it.
At the same time, you can easily discern her ambivalence toward artificial intelligence. Despite being honored for bringing to life such an influential woman in pop culture history; Meryl appears conflicted over whether AI systems should be given any credit whatsoever!
Nevertheless, many prominent individuals have endeavored to portray a more optimistic view in regard to their assessment of how artificial intelligence is progressing. Take, for instance, Mark Zuckerberg: when he introduced his brainchild AlphaGo, he didn’t present it as a tool for conquering humanity like Elon Musk did with The Boring Company – rather than that which could cause our doom.
Are you sexist or racist?
In the age of AI, one’s personality can be judged by communication styles and preferences.
In a study from June 2018, researchers examined how technology is disrupting workplace gender equality. They discovered that when it comes to hiring and promotion decisions, artificial intelligence (AI) has a decisive impact on the outcomes for women.
It was noted that assessments based solely on text-only communications with candidates are prone to gender bias camouflaged as “common sense”.
We need to rethink the future of work
So how will the world change if artificial intelligence (AI) can take on human tasks? According to a recent report by McKinsey Global Institute, an astounding 47% of current jobs are susceptible to automation – which could potentially result in millions of workers transitioning into new occupations.
In addition to this, several other studies have indicated that up to 47% of all jobs in the US could face some type of replacement within the next two decades. This suggests that we must rethink our notions about employment and strive towards more innovative solutions for tomorrow’s workforce.
To help facilitate this process, several industries have launched initiatives for training people for a coming robotic future. In healthcare alone, there is a myriad of courses available to help individuals learn skills related to robotics-related professions like nursing assistants or therapy assistants; moreover, these programs equip job seekers with the essential knowledge required to find work in these fields after they graduate.
What do you think about AI transforming the world?
These days, advancements in artificial intelligence are transforming industries from finance to healthcare and beyond. With this technology becoming more prominent every day, it’s only a matter of time before we witness an untold number of professions being eliminated altogether – be mindful of which skills you possess!
Do you have any plans for the future? If not, what is one thing that would excite you about AI making its presence felt in the world?
For now, let’s focus on how our daily lives will be altered by artificially intelligent machines.
For now, we must all remain vigilant and diligent in combating AI’s potential drawbacks. It is not too late to implement safeguards to ensure that AI remains beneficial to society; however, the window of opportunity is fleeting so we must act now if we wish our creations to remain benevolent