Artificial Intelligence (AI) and the likes of Chat GPT have become hot topics. Whether you’re embracing the technology and the advancement in this field or would rather see it disappear, it seems that it is here to stay and things are heating up in the world of AI.
Its rise has sparked conversation worldwide. From discussions about pausing research in AI due to security, privacy, and ethics, to how humans can use artificial intelligence to help them in daily life, it seems we can’t get enough of what can feel like an ultra-futuristic technological advancement.
But where is Chat GPT headed and where could generative AI be in a few years?
Advancements In Artificial Intelligence
Although it’s difficult to predict the exact advancements in generative AI, you’ve likely seen big public discussions around it, and you might have found yourself torn between excitement and fear of its development.
We’ll likely see AI move toward a more autonomous way of working, as opposed to the stage it’s at now – automation. Simply type in a query for Chat GPT today and it’ll spin up an answer that it’s learned from previous scenarios or data it already has. In the future, we’re likely to see AI become more human-like, with businesses adopting systems that use self-learning algorithms to handle scenarios just like a human would – or better.
Robots and systems could soon handle unsafe tasks, day-to-day mundane work and repetitive tasks which remove or reduce the need for human input. We could see generative AI solving complex problems that would otherwise take humans days, months or years to solve.
The Future Of Work And Employment
According to IDC research, In 2023, worldwide spending on AI is set to reach $500 billion. That could be a sure sign that many people will need to reskill or upskill if they’re to keep up with this trend.
For a few years now, we’ve seen autonomous types of AI in development in companies such as Tesla, one of the most aggressive developers of autonomous vehicle technology. Their Autopilot AI team works on advanced software to propel self-driving cars into our current world.
In a 2021 ‘Future of Work Report’ by the OECD, it was reported that the top 3 most developed abilities of AI included perceptual speed, memorization, and information ordering, suggesting that those who work in industries with heavy computer use will likely be most affected by upcoming developments in AI, whereas those in occupations with the lowest exposure to AI such as cleaners and those working in Agricultural Forestry or the Fishing Industry will be among those less affected.
Although many are excited about the technological advancements we’re seeing right now, there are several ethical concerns related to generative AI that many industry experts agree should be evaluated in more detail, including bias, transparency, accountability, and privacy.
Regardless of these concerns, we could see the discussion of AI ethics run in parallel to advancements in this technology over the next couple of years.
How do you feel about the rapid advancement in artificial intelligence? Will you be embracing it or do you have reservations about the future in which we’re headed?
