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Hello everyone! Anytime you work with technology, you need to learn to harness the benefits and minimize the downsides. Today we keep on speaking about AI advantages and disadvantages. 

NO SLOWDOWN

AI computing power bypasses humans in speed and quality of work. It is stronger in modeling and forecasting, combining large data sets. AI reduces the time of reviewing insurance claims. It takes days for an insurer to come up with a decision. An artificial intelligence mechanism can cope within minutes.

FEWER CHORES

For households and basic tasks, AI assistants can understand and synchronize data between all the devices like phones, cars, tv, and even fridge. Thus, it is possible to control them from any point.

AI-powered smart homes not only make life simpler and more dynamic but help to save money and reduce water and energy consumption.

BETTER FORECASTS

Meteorologists can trace potential severe storms faster by analyzing clouds movements with the help of AI.

Researchers use computer vision and machine learning to detect coming cyclones in real-time. This functionality allows us to prepare for natural disasters. Besides, the weather determines the best time to plant and harvest crops.

BETTER RESOURCES DISTRIBUTION

AI can reduce the power consumed by houses and machines. Whereas, machinery lifetime and efficiency are likely to increase. AI can run the most profitablе appliance algorithm.

For instance, indoor air control improvement relates to AI sensors usage. They adjust and maintain the desired humidity and temperature in the room.

LESS DISEASE

An AI wearable device can monitor a person 24/7 and ensure fast diagnostics and disease prevention. Image-based artificial intelligence can help doctors reduce the time they spend studying data of a patient.

AI algorithms can help doctors assess risks for health. They will be able to know the side effects that various medicines can have beforehand.

Now let's switch to the Disadvantages of AI

FEWER WORKPLACES

AI will impact more than 95% of jobs either by displacing or complementing them. Moreover, the effect will be uneven for various industries. AI will hit harder laborious areas such as manufacturing, agriculture, and logistics and cause a decline in manual work.

NO ABSTRACT THINKING

What comes instinctively and without any specific preparation to humans is hard for robots. Artificial intelligence is mindless.

LACK OF ETHICS

Morality or fairness measurable for a machine is hard to design and convey. AI can hardly be taught what is right unless the engineers provided this concept.

To prevent disastrous outcomes, we need to realize the relevance of ethical principles.

MORE SLOTH

People let AI think on their behalf since there is no need to learn something or memorize. One can always ask a machine.

Dependency on a machine is a matter of individual choice. This technology needs to be used wisely to avoid abuse and unwanted consequences. At Zfort Group we know how to apply AI.

How can your company take advantage of Big Data? Reach out to Zfort Group to get expert consultation.

That’s all from us for now. For a detailed version, you are welcome to check the dedicated article.

Until next time! Bye!