Should we welcome advancements in artificial intelligence or are the risks too great?

Explainer with Nick Dee.

Transcript

00:00Artificial intelligence or AI is revolutionizing industries from healthcare to finance, offering

00:08substantial benefits but also posing significant risks. Recent UK news highlights AI's ability

00:16to enhance medical diagnostics, streamline business operations and improve customer service.

00:22However, the rapid advancement of AI also brings dangers. Concerns about jobs displacement

00:29arise as AI systems replace human roles in various sectors. Additionally, ethical issues

00:35emerge including biases in AI decision-making and threats to privacy. There is also the

00:42risk of AI being misused for malicious activities such as deepfake technology and cyber attacks.

00:49Just this week, Amazon have announced development of their new AI model, which they say will

00:54organize our lives. It does beg the question on whether we should embrace

00:59AI or should we have serious concerns regarding its effects.