GROUP DISCUSSION TOPIC

Future of Artificial Intelligence

Interviews and many other admission Processes includes Group Discussion (GD), Extempore, Interview
and other Group Exercise. During this process, particularly during MBA GD Round, a topic is given to
students to discuss. Read this article to understand one such topic i.e., Future of AI (Artificial
Intelligence).

Artificial intelligence (AI) is intelligence, which can be perceiving, synthesizing, and inferring
information, demonstrated by machines, as opposed to intelligence displayed by non-human animals or
by humans. Example tasks in which this is done include speech recognition, computer vision, translation
between (natural) languages, as well as other mappings of inputs. Artificial intelligence was founded as
an academic discipline in 1956, and in the years since it has experienced several waves of optimism,
followed by disappointment and the loss of funding (known as an "AI winter"), followed by new
approaches, success, and renewed funding. In recent months ChatGTP and Google’s Bard have created a
lot of excitement in this domain to determine What is the Future of Artificial Intelligence.

AI applications include:

Before we know What is AI and how it is shaping the Future, let us understand AI applications;

• Advanced web search engines (e.g., Google Search),

What is Artificial Intelligence?

So, what is Artificial Intelligence or AI? What is AI and how it is shaping the Future? Well Artificial
Intelligence refers to the development of computer programs and machines that can perform tasks that
would normally require human intelligence, such as recognizing speech, identifying objects,
understanding natural language, and making decisions based on data. AI is typically divided into two
main categories: narrow or weak AI, which is designed to perform a specific task, and general or strong
AI, which is capable of performing any intellectual task that a human can.
AI has numerous applications including in the fields of healthcare, finance, transportation, and
education. The latest trends in AI development reflect that the role of AI in the future of health care, AI
applications in finance and banking, the impact of AI on marketing and advertising will be immense. The
risks and challenges of AI in the future will equally be high. Therefore, the impact of AI on the future of
the work cannot be undermined. Even in current scenario one is well aware how AI is shaping the future
of education.

Artificial Intelligence is expected to play an increasingly important role in shaping the future of society,
with potential benefits including increased efficiency, improved safety, and enhanced decision-making
capabilities. However, there are also concerns about the potential risks associated with the
development and deployment of AI, such as job displacement, bias, and misuse.

Future of Artificial Intelligence

The future of AI (Artificial Intelligence) is a subject of much gossip and debate. AI has already made
significant strides in a variety of fields, and it is expected to continue to play an increasingly important
role in shaping the future of society. Here are some of the key areas where AI is likely to have a
significant impact in the coming years:

• The role of AI in the Future of Healthcare: AI is expected to revolutionize healthcare by

• How AI is shaping the future of Education: AI is expected to transform the way that we learn by
enabling more personalized and adaptive learning experiences. AI-powered systems can
analyze data on student performance to identify areas where individual students need
additional support, and provide tailored instruction to help them succeed.

• AI applications in Finance and Banking: AI is already being used in the financial industry to
analyze market trends, detect fraud, and develop investment strategies. In the future, AI could
also play a role in automating many routine financial tasks, such as loan processing and account
management.

• Transportation: Self-driving cars and trucks are expected to become increasingly common in
the coming years, as AI-powered systems become more advanced and reliable. This could lead
to significant improvements in safety, as well as reduced traffic congestion and emissions.
 • Role of AI in Entertainment: AI is expected to play an increasingly important role in the
entertainment industry by enabling more immersive and interactive experiences. AI-powered
systems can analyze data on user behavior to create personalized recommendations for movies,
TV shows, and other forms of entertainment.

Artificial Intelligence Pros & Cons

What are Artificial Intelligence Pros & Cons? Artificial Intelligence (AI) has many potential benefits, but it
also poses some potential drawbacks. Here are some of the main pros and cons of AI:

AI Pros:

• Efficiency: AI can process large amounts of data quickly and accurately, allowing it to complete
tasks much faster than humans.
• Accuracy: AI can be programmed to make decisions based on objective data and logic, reducing
the risk of human error.
• Personalization: AI can be used to personalize experiences and services based on individual
preferences and behaviors.
• Safety: AI can be used to monitor and control potentially dangerous situations, such as in
manufacturing or transportation.
• Innovation: AI can enable the development of new technologies and solutions that were
previously impossible.

AI Cons:

• Job displacement: AI can potentially automate many tasks that are currently performed by
humans, leading to job loss and economic disruption.
• Bias: AI systems can be biased if they are trained on data that is not representative of the
population as a whole.
• Privacy concerns: AI systems may collect and store large amounts of personal data, raising
concerns about privacy and security.
• Dependence: Overreliance on AI systems could lead to a lack of human expertise and decision-
making skills.
• Unpredictability: AI systems can be unpredictable, and their decision-making processes may not
always be transparent or understandable.

It's important to carefully consider both the potential benefits and drawbacks of AI when developing
and implementing AI systems. This will help ensure that AI is used in a responsible and beneficial way.
Will AI Replace Humans or Assist Us?

While AI has the potential to automate many tasks that are currently performed by humans, it is unlikely
that it will completely replace human beings in the workforce. Here are a few reasons why:

• AI is currently best suited for narrow or specific tasks, and is less effective in performing tasks
that require general intelligence and creativity, such as art, music, and scientific discovery.

• AI still requires human oversight and maintenance. AI systems need to be trained and
supervised by humans, and they also require regular updates and maintenance.

• There are certain jobs and tasks that require human interaction and empathy, such as
healthcare, counseling, and education. These jobs are less likely to be automated by AI.

• Many people value human interaction and prefer to interact with other humans rather than
machines. This is particularly true in fields such as customer service and hospitality.

• There are also social and ethical concerns associated with the replacement of humans with
machines. For example, widespread job displacement could lead to economic disruption and
social unrest.

In summary, while AI is likely to automate many tasks and change the nature of work, it is unlikely to
completely replace human beings in the workforce. It is important for society to consider the potential
impacts of AI on the workforce and to develop policies and strategies that can help ensure a smooth
transition to a more AI-driven economy.