This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2018/11/ai-replacing-workers-carlos-melendez/
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Written by EO Puerto Rico member and business strategy and software engineering expert Carlos Meléndez. The original version of this article appeared on Carlos’ company blog.
There’s been lots of talk about how artificial intelligence (AI) could replace workers in the not-too-distant future. According to Oxford University researchers, 47 percent of U.S. jobs could be replaced by robots, automated technology and artificial intelligence (AI) within the next 20 years. And Elon Musk even went so far as to say the threat of AI is greater than that of North Korea. Other notable business authorities concur that the threat of AI as a job-stealer is real, and will lead to massive company layoffs and unemployment.
While there is no doubt that AI and automated technology can and will replace some job tasks, the dire warnings of AI as a job killer are blown way out of proportion. The real role of AI is to augment human intelligence and capabilities not replace them.
AI brings a key capability that humans don’t have: being able to crunch huge amounts of data to find hidden patterns, but it will always need human intervention. For example, in healthcare, the job of reading an X-ray may involve an AI algorithm, looking for specific markers and identifying the likelihood of a bone fracture, but it will never replace the doctor, who will do his own assessment and prescribe a course of treatment. In manufacturing, AI may help predict the likelihood of a product failing, but it won’t replace the engineer who will need to develop a better product. In each of these examples, AI plays a supporting role, but it’s not the star of the show.
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