Balancing the Benefits and Ethical Dilemmas of AI
By Kent Yang | Observer Contributor
Artificial Intelligence and applications of AI, such as Machine Learning, have ushered in a new era of technological advancement, transforming industries and enhancing our daily lives. However, this enhancement also comes with an ethical double-edged sword. While AI offers tremendous benefits, it also raises ethical concerns that demand thoughtful consideration.
AI technologies offer the potential to revolutionize the workplace by automating tasks, thereby enhancing efficiency, productivity, and reducing on-the-job injuries. However, this advancement also brings forth concerns related to job displacement. According to a report from the World Economic Forum, by the year 2025, AI may lead to the displacement of approximately 85 million jobs. But it’s also expected to create 97 million new roles as well, which perfectly illustrates the double-edged nature of AI’s impact on employment.