Pros
On businesses- The business circle is the one where AI can bring plenty of advantages. Initially, AI creates many job opportunities for talented individuals. Programmers, Data Engineers, and Data scientists are in demand as they work on complex information and make massive algorithms beneficial for business. For instance, AI recommends products to people according to their search history and behavior, which can help companies improve their sales.
On education- With the help of AI, institutes can personalize courses for students according to their learning speed, previous learning experiences, subject preferences, and desired goals. Additionally, AI can identify the weakness of students by analyzing students’ previous tests and learning history and frame individual learning goals. AI helps the student learn optimally.
On Healthcare- Although AI is a sophisticated method to use, it is helping physicians and doctors from the healthcare sector to discover something new every day that could never replace the stability and efficiency of a human hand. Still, it can help lessen humans' efforts.
Cons
Lack of AI transparency and explainability- This leads to a lack of transparency for how and why AI comes to its conclusions, creating a lack of explanation for what data AI algorithms use, or why they may make biased or unsafe decisions.Former employees of OpenAI and Google DeepMind have accused both companies of concealing the potential dangers of their AI tools. This secrecy leaves the general public unaware of possible threats and makes it difficult for lawmakers to take proactive measures ensuring AI is developed responsibly.
Lack of Data privacy using AI tools- AI systems often collect personal data to customize user experiences or to help train the AI models you are using (especially if the AI tool is free). Data may not even be considered secure from other users when given to an AI system, as one bug incident that occurred with ChatGPT in 2023 "allowed some users to see titles from another active users chat history". While there are laws present to protect personal information in some cases in the United States, there is no explicit federal law that protects citizens from data privacy harm caused by AI.
Loss of human influence- An over reliance on AI technology could result in the in some parts of society. Using AI in healthcare could result in reduced human empathy and reasoning, for instance. Interacting with AI systems too much could even cause reduced peer communication and social skills. So while AI can be very helpful for automating daily tasks, some question if it might hold back overall human intelligence, abilities and need for community.