Artificial intelligence, or AI, is technology that enables computers and machines to simulate human intelligence and problem-solving capabilities. AI can perform tasks that would otherwise require human intelligence or intervention. The hype around AI is growing with each passing day. Some real life examples of how AI is being used in our daily lives include Google Navigation, Autonomous vehicles, Generative AI tools such as Open AI’s Chat GPT and smart replies in Gmail.
The release of ChatGPT in November 2022 seemed to mark a turning point. ChatGPT is an artificial intelligence program that generates dialogue. Created by Open AI, this high-capable chatbot uses machine learning algorithms to process and analyze large amounts of data to generate responses to user inquiries. This program understands human language which allows it to understand anything that is given to it. For example, a student may type in a query and ChatGPT gives back easily comprehensible responses within no time.
With AI coming into the IT (Information Technology) industry, many drastic changes have occurred. It will allow IT companies to get a lot of technical and operational work done, without having to worry about taking in a huge amount of human labor. AI is changing how companies function and it is most likely also going to change who gets the job done. Soon, big IT companies will be happily replacing their human employees with these intelligent machines. This, in-fact, has already begun. Not only the IT industry, human workers in other industries are also to suffer. The human workforce, unfortunately, is gradually moving towards lower-paid jobs or, worse, unemployment.
AI has been developed to add to human intelligence and take technology to a larger-than-life scale. But instead of adding value to it, it has started to compete with it. Humans, with Industrial Revolution, transferred the physical portion of their work onto machines, but with AI coming into the picture, human workers are going for their source of livelihood to AI-powered machines. No job is safe from being deposited to AI. So, is the rise of AI a boon or a bane?