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Innovation has always driven change, superseding old operations to provide affordable
solutions while supplementing transitional consumer needs. Global research amply
shows how innovative solutions have helped increase national economic growth and
improved the quality of life. And the shift from man-sensitised solutions to machine-led
developments has been instrumental in channelising positive influences to increment
growth, with Artificial Intelligence (AI) having a key role in this empowered
scenario.There have been multiple reports recently which claim that a major part of the
human workforce will be replaced by automatons and machines in the years to come.
With excessive research and development being conducted in the field of artificial
intelligence, many fear that a major job crisis will unfold since multiple jobs are more
accurately and efficiently performed with the utilization of machines.
In December 2014, physicist Stephen Hawking told a BBC program that “The
development of full artificial intelligence could spell the end of the human race.” PayPal
founder Elon Musk was even more provocative when he claimed that our current
approach to artificial intelligence was “summoning the demon.”
Though a large number of jobs might be replaced by machines or the so called artificial
intelligence, it is next to impossible for a machine to completely replace the human
input. It is too early to dismiss the superlative power of the all-expansive human mind.
The human race is known to approach complexities of cognition through the basic rule
metaphor of that particular era. Also, the AI theorists forget one of the most integral
characteristics of human beings: We create things, and we often do it within a conscious
framework. Not only can we craft concepts, business models and ideas, but every single
human cell can also create itself. No scientific theory can fully explain how life creates
itself or from where this power of creation comes. The art of creation within itself,
without the help of superimposed programs, is largely missing in machines, especially in
AI. It is said that our inherent nature to correctly assimilate the knowledge that we have
gained, along with the emotional perspective of our surroundings, is what sets us apart
from machine-laden operations. It is the intelligence quotient (IQ) and the emotional
quotient (EQ) that provide us with the added edge.
Given all that, AI has a number of inherent flaws like Limited Rationality, Lack of
futuristic thinking and a Lack of sponatneous presence. It wouldn’t be wrong to conclude
that while intelligent machines can be relied upon when it comes to making logical and
rational decisions which are primarily based on facts, there are other aspects of life
which can’t be imitated by the machines due to these inherent flaws. Aspects which
have a major role to play in all sorts of business, aspects related to feelings, emotions,
sentiments, moods, teaching, judgments etc. can never be imitated by artificial
intelligence. Such aspects can essentially be considered as the human prerogative. In
other words, when it comes to performing the highly complicated tasks, robots fail to
provide the flexibility and creativity to find a solution and that is a major limitation to the
application of artificial intelligence.