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General Technology

Positives and negatives of cryptocurrency

Cryptocurrency is a decentralized digital currency transferred directly between users and a public ledger confirms all transactions. The digital payment system used for the transaction employ cryptographic algorithm and functions to ensure anonymity of the users, security of the transactions, and integrity of the payment systems. Instead of trust, the principle of the authenticity of transactions is cryptographic proof. Though seen as a disruption for traditional banking and financial institutions, it has gained significant traction over the last decade. Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, several companies have created numerous cryptocurrencies. At present, 969 cryptocurrencies exist across the globe, with a total market capitalization of 116 billion USD. While still not understood by most people, the governments and banks have become aware of its pros and cons.

Positives and negatives of cryptocurrency

Positives of cryptocurrency:

Cryptocurrencies are gaining popularity because of following reasons.

Cost-effective

The transaction cost is low, approximately 1% of the transaction amount. In addition, cryptocurrency eliminates the third-party clearinghouses, thus, cut down the cost and time delay. All the transaction over cryptocurrency platforms, whether domestic or international, are equal. Also, they constitute single valuation across the globe.

An alternative to fiat currency

Governments have strict regulation over the banking systems, monetary and fiscal policies, national currencies, and international money transfers. In contrast to this, cryptocurrencies offer the users a reliable means of money exchange outside the direct control of national or private banking systems.

Privacy and account protection

Governments have the authority to seize a bank account following a fraud or a suspicious activity. But it isn’t possible while using cryptocurrency transaction system, as it conceals the identity, information, and details of the parties to the transaction. Thus, cryptocurrency provides immunity to a citizen against freezing or seizing a bank account.

Low restrictions

To open an account for international usage, a bank validates the address, income, and identification of a person. Also, different banks can have different criteria for providing same facilities. But cryptocurrency users don’t require any disclosure or proof of income, address, or an identity. In addition, one can join it for free. This way, cryptocurrency lowers numerous barriers, that a person encounters in a traditional banking system.

Accessible and secure

An individual can send and receive a cryptocurrency from any part of the world irrespective of traditional barriers such as national borders and banking regulations. In addition, no individual can manipulate it because it is cryptographically secure and doesn’t contain users’ personal information.

Negatives of cryptocurrency:

Consequences of cryptocurrency usage have arisen the tension among various governments and regulators.

Web crimes

The companies, which backs cryptocurrency encounters a common problem of hacking. Recently, one such company, Tether, lost bitcoins worth millions of US dollars. These instances show that cryptocurrency lacks security factors compared to fiat money.

Online black market

Drug trade of dark markets, nowadays, uses cryptocurrency for illegal supplies. The United States consider bitcoins as virtual assets. In such countries, the law enforcement agencies find it difficult to put a stop to the online drug trade or utilization of bitcoins earned from these trades. Improper regulation of cryptocurrency enhances online illegal trade.

Economy instability

Cryptocurrencies exchange takes place over the Internet and hence, is outside the government financial institutions. Due to this, they have the unique potential of challenging the existing system of currency and payments.

Inexperience

Economies across the world have been using fiat currency for ages. Today, every nation knows about the causes of slowdown, recession, stagnation, stagflation, and growth. Because, in past, one or more nation has experienced it and they can predict the capability of an economy according to the current situation. But, cryptocurrencies are still wrangling at the experimental stage. Such inexperience induces difficulty for the government to make provisions for cryptocurrency regulation.

Low usage

The lack of awareness among common people has resulted in the limited number of transactions using cryptocurrency. Owing to its unpredictable valuation, a small number of businesses use them. At the same time, where people easily adapt the physical form of money, the acceptance of cryptocurrency among masses is a major problem.

Many western countries treat cryptocurrency as property and impose capital gains tax on it.  In addition, governments should encourage the development of supervision ecosystem that assists in tracking illegal activities. To banish the limitations of cryptocurrency, one realistic approach is using it along with fiat money. The fiat currency can make use in paying for basic goods and services, where cryptocurrency can find the use for business purposes. And the further success of the cryptocurrencies depends upon the devised regulatory frameworks.

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Education Technology

Positive and negative effects of e-learning

Today, Internet seems limitless. The way, it has been occupying an indestructible space in every field, is indefinable. E-learning is one essential boon of internet among many others. It refers to a learning system, which provides education and training through an online mode. In general, it constitutes classes in schools along with a teacher, training programs, or full time distance education. Popularity and affordability of smart phones, computers, laptops, tablets and accessibility of internet has raised the discussion regarding e-learning inclusion in conventional teaching methods. This new learning system comprises huge scope in several streams but few limitations affect its mass utilization.

Positive and negative effects of e-learning

Positive effects of e-learning:

In the exploration of a reliable education system, e-learning has emerged as a perfect tool for the same.

No barriers

Like traditional education system, e-learning doesn’t confine its students inside a four walls, but provide knowledge through an e-learning tool, that can operate under an open sky or wherever an individual feels comfortable. Location or geographical gap isn’t a problem, as one can endure a classroom environment at home with e-learning tool.

High learning ability

As per psychology, a human brain can easily learn videos or audios. And e-learning shares all the format kinds including videos, slideshows, word documents, and PDFs. It offers various other options to the users such as webinars i.e. live online classes and interaction with the professors through chat forum. This way, a student can clear doubts concerning the topics taught in the real time, as in physical classroom.

Infinite courses

Today, every course is available online. One can undertake any desired course, while working or the like. Individuals can gain new qualification and upgrade their skills, while paying bills. Along with virtual classes, it provides the option of tests on various topics, which helps in improving the skills of an individual. Learners taking same courses can share these tests and question each other. This way, e-learning provides a sense of community.

On-the-job training

Due to rapid technology advancement, the businesses require up-to-dated workers. This demands regular training through an effectual means. E-learning is a reliable and cost-effective tool and it needs a minutes of updation (adding new technology data) and can train hundreds of workers.

Advanced knowledge

With the change in policy or technology, books can’t change itself at the same time. Neither an institution asks their students to read new books, as that would mean and require complete renewal of the syllabus. For example, In India, the new indirect tax policy of GST hasn’t led to the upgraded syllabus in business and management courses. Such situation doesn’t arises with e-learning. Internet stays updated every second and keeps e-learning courses provider aware of any reform.

Welfare activities

Many NGOs employ e-learning courses in the remote areas, which lack educational institutions and infrastructure. In India, such activities help in making schemes, such as Digital India and Skill India, a success.

Negative effects of e-learning:

As every rose comes with thorns, e-learning has few drawbacks along with benefits.

Solitude

It is no wonder, that e-learning provides best knowledge and makes a learner incredible competitor. But it can’t provide a social environment like a traditional institution. The education isn’t regarding a brain, it includes overall individuality which comes through mental processing and physical response in a social interaction. And e-learning is a solo act for most part, learners might feel a sense of loneliness.

Health issues

While taking e-learning courses, an individual spend hours on a computer, laptop, or tablet, which increases eye strain and affects health. Constant sitting can adversely impact the well-being of a person.

Lacks practicality

E-learning provides benefits to limited sectors. The physical education fields require a practical classroom. For example, engineering. Here students learn the application of components and instruments in a practical environment. Online learning can’t provide such skills. This limitation proves disadvantageous for persons whose career choice demand physical strength and work. Though such courses are available online, but practical skills are harder to pick from virtual resources.

E-learning is a rapid growing industry. It is a cost-effective method to gain mass knowledge. The learning material and databases are easy accessible online. If a learner doesn’t find some material understandable enough, the alternatives are available free-of-cost. Though one of the most debatable topic among education system regulators and policy makers, it find appreciable space in lives of a common man. To limit the drawbacks, one must consider sitting posture and regular breaks to keep themselves active and healthy. For other concerns such as distraction, one must boost oneself by remembering the rewarding outcome of learning.

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General Technology

Positive and negative effects of e-waste

Positive and negative effects of e-waste

Positive and negative effects of e-waste

Electronic waste or e-waste constitutes the electronic products that have become unwanted or reached the end of their usable life cycle. It is a subject of matter for politicians and business developers as countries across the globe generate a million tonnes of e-waste every year. Studies show that developed countries have been dumping their e-waste in the developing countries to gain beneficial economic incentives. Continuous shipping and unsafe disposal in these nations are contributing to environmental and health problems. The unstoppable demand of advanced gadgets mounts the accumulation of this discarded material to a great extent. This article addresses the positive views regarding e-waste and causes of global concern.

Positive effects of e-waste:

Here are some benefits that e-waste provides in various sectors.

Employment opportunities

Entrepreneurs, recyclers, and business owners believe that effective e-waste usage can provide employment to millions of job-seekers. Recent figures show that e-waste recycling sector generates maximum jobs and impacts poverty reduction. As it constitutes some precious metals such as gold, silver, and copper, jobs in metal extraction have a considerable potential for employment generation.

Acquiring rare earth metals

Advanced and high tech products use several metals including some rare earth metals. The rising demand has led to the shortage of critical raw materials used in the electronics production and manufacturing. E-waste contains numerous components that find use in the production of several electronic products. These components constitute cobalt, gallium, indium, and magnesium among others. Urban mining grinds e-waste into a powder and put it into a flotation plant to separate components and pumped air segregates the precious metals into layers. Such an effectual process of acquiring metals from e-waste helps sustain earth surface.

An alternative raw material

The e-waste contains numerous components which find use in producing new devices. It is a cost-effective means for any electronic company which performs mass production. Various research departments and laboratories work on e-waste to carry significant experiments.

Low-cost education

It is an essential source of low-cost or free technology for young people. They can learn to manufacture electronic devices and contribute to the advancement of science and technology by producing unique gadgets. In developing countries, e-waste can provide digital education to poor children who lack access to the advanced computers. Numerous NGOs helps in bridging the digital gap among different countries by constructive e-waste application.

Rural development

By deploying internet cafes in rural areas, local government bodies can exploit obsolete computers in providing digital services to the rural population. It is a big step toward achieving the objectives of central schemes such as Digital India. Mobile classroom is an efficient means of assisting rural communities to access IT and internet. Such establishments reduce e-waste by reusing it for welfare services.

Negative effects of e-waste:

The concern regarding e-waste is rising due to following factors.

Risk to human health

Electronic scrap components contain harmful elements such as lead, cadmium, or beryllium. Recycling of such e-wastes may increase the risk of high blood pressure and kidney damage in adults. In young children, it affects the development of the brain and nervous system. Other health problems generate from the primitive methods used for extracting metals. Skin disease, lung cancer, brain damage, and abortion are common in areas surrounded by discarded waste.

Digital attacks

E-waste represents a dangerous route for data breaches, corporate espionage, and sale of personal data. Every electronic device carries some amount of private and exclusive information. A reach of wrong hand to such instruments may jeopardize the entire business of a company.

Environmental degradation

For environmentalists, it is a catastrophe that pollutes soil, air, and water by hazardous chemicals and metals. Dumping and burning of e-waste in the landfills enlarges polluted air in metro cities. Workers extract precious metal and put the remains into the water bodies. When useless, people throw their phones, laptops, tablets, and other electronic devices into the rivers or burn them in open space. In addition to humans, such pollution endangers the flora and fauna.

With technology advancing at the exponential rate, the need for an hour is to find sustainable, environment-friendly and cost-effective ways to manufacture new products. In addition, recovery process and recycling of e-waste will diminish the need for mining of new raw materials and reduce the burden on government. A solid policy and strict regulation to industries can rescue human health and environment from the e-waste fright. At present, a resolute international convention seems a productive step toward achieving the desired goal of the safer earth.

 

 

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General Technology

Positive and negative impacts of solar energy

Positive and negative impacts of solar energy

Positive and negative impacts of solar energy

The sun is the principal reason that we have life on this Earth. If it had not been for the sun, we would have nothing, from water to plants to the various life forms that roam the earth. It forms the source of the endless supply of energy that is instrumental in ensuring that all life on Earth continues to flourish. Besides, it has been, for many years now, one of the cleanest sources of energy that can substitute the more perishable and infinitely more dangerous fossil fuel. Currently, it supplies only a small fraction of the total energy output of the world, but efforts are underway to become more dependent on solar energy. On the other hand, there is enough debate about some practical aspects such as cost and performance. In this article, we will look at arguments from both sides.

Positive impacts of solar energy:

First of all, let us look at the good that solar energy promises to do to us.

Completely renewable

The most obvious factor, of course, is the availability of solar energy. Solar energy comes directly from the sun; in fact, we use it all the time without having to install massive structures to capture it. People across the world dry their clothes and shoes in the sun, the rays of the sun keep us warm and provide us with natural light, and plants directly absorb solar energy to make food for themselves. It can even be used to light a fire. It is for the bigger purposes, like creating electricity, that we need to put in more effort. And the best part is that there is no chance of losing out on this energy source ever. When the sun actually dies, the lack of solar energy will not be of any concern to us, since life on earth will have ceased to exist long before that happens.

Greener than fossil fuels

Global warming and air pollution are two of the biggest threats to life on earth at present. It is a well known fact that fossil fuels are some of the most prominent sources of greenhouse gases, which lead to global warming. Vehicles and industries that run on greenhouse gases contribute immensely to the rise in temperature and air pollution, thanks to the fact that there is a huge amount of carbon emissions from such structures. Needles to say, this poses an immense threat to the atmosphere and the ecosystem. Solar energy, on the other hand, is one of the most sustainable forms of energy, since it does not emit any greenhouse gas by itself.

Lower costs in the long run

Solar is a very modular form of energy, which means that it is composed of a bunch of different installations that are linked together. It can also be implemented on multiple scales, from thermal plants, rooftop solar paneling on buildings, and street lightings. The initial installation cost is pretty high at present, although it can be hoped that this will significantly reduce once the usage of solar power becomes more widespread. However, the cost of maintenance is significantly lower than the other forms of less sustainable energy once the initial installation process is complete. It is especially more feasible in rural areas where grid energy can be either unavailable or incur extremely high costs.

Negative impacts of solar energy:

All said and done, however, we need to understand that solar energy does come with its own set of challenges.

It’s expensive

Continuing in the trend of the previous argument, it cannot be denied that producing solar energy can indeed be quite costly. To begin with, production of solar energy requires the building and maintenance of technology that is extremely expensive, which takes up initial costs to sky high levels. Again, solar energy can only be produced during the day, and is dependent on the weather and the season as well. If it is cloudy, or during the rainy season, the amount of solar energy produced will be significantly lower, and this in turn will not only be impractical in meeting the constant energy requirements, but will also be unable to recover costs.

Might pose health risks

Solar units pose significant health risks to people and animals. Solar panels are composed of pure silicon. Silicon itself is harmless, but silicon dust, if inhaled, can lead to significant respiratory troubles. Solar collectors also generate harmful chemicals that can pose significant risk on constant exposure. Besides, improper handling of the photovoltaic cells might release their component materials to the environment, to disastrous results.

There is no doubt that solar energy is certainly an immensely sustainable source of power. With fossil fuel reserves depleting on an ongoing basis, it is necessary that we move on to more sustainable sources, with solar energy being one of them. There are challenges, surely, but it is important that we find ways to circumvent them.

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General Technology

Positive and negative aspects of eCommerce

E-commerce can be defined as the practice of doing business via the internet, as opposed to doing business through the more traditional brick and mortal stores. Today, with the advent of global online shops such as Amazon, Ebay, and Shein, online shopping has become all the rage, ushering in a golden era for businesses everywhere. It certainly looks easier to set up an online business than an actual, tangible store, but it is important to keep in mind that this new form of business comes with its own set of advantages and challenges. If you are planning to open a business that will be run online only, it is imperative that you weigh the pros and cons and decide whether this is a feasible method for you. In this article, we have tried to look at every aspect of this phenomenon.

Positive and negative aspects of eCommerce

Positive aspects of ecommerce

First of all, let us see how switching to an online platform will help your business grow.

Bigger customer base

The biggest advantage of having an online store of course is its wider range of appeal. When you have a brick and mortar store, you are limiting your customer base to the local group of residents. If your store is big enough and unique enough, and if you have been able to build a brand name for yourself, it is likely that you will have people coming in from various parts of the city you are located in. But there would be no way of reaching out to a greater audience without opening branches in other parts of the country, which is something your finances may not permit. Having an online store, on the other hand, is like opening branches all over the world without actually having to spend on them. A simple search in the browser is all that is required to reach your store from any part of the world.

More convenient

E-commerce stores are not just beneficial for the business owner, but for the customer as well. Thanks to ecommerce websites, there is no population group today that does not have everything available to them a click away. The days of lining up in long queues at storefronts and at the checkout counter are long gone, and even remote areas can access most of the necessities and luxuries that are physically unavailable in their locality.

Digital products 

Ecommerce is the only business mode that will allow you to sell digital goods. Today, more and more people are opting for ebooks, and choosing to purchase movies and music in their digital formats instead of storing up on CDs and DVDs. Since there is no physical presence of such digital wares, it would be impossible to sell them through any brick and mortal store.

Lower costs

The decreased costing involved in opening an ecommerce store also allows the seller to offer more discounts and even more competitive in their pricing, making them even more lucrative to the customer. First of all, there is no cost involved in rent and maintenance of a storefront. You can eliminate the expense of employees who will have to manage the storefront and guide the consumers. Most importantly, it is always business hour in an ecommerce store.

Also Read: Positive and negative effects of Internet

Negative aspects of ecommerce

However, that does not mean that ecommerce websites don’t have their drawbacks.

Impersonal and ambiguous

Ecommerce is a fairly new phenomenon as far as business goes. As a result, many customers actually prefer the personal and hands on experience that a brick and mortar store offers to the rather impersonal approach of an online store. Besides, some products, such and clothes, shoes, beauty products, and packaged foods, carry some amount of ambiguity to them. It is difficult to assess the style and size of garments and shoes, and the expiry date and portions of makeup and food items in an online store, which is facilitated by a tangible storefront. There have been many instances of the wrong product being ordered and delivered due to incorrect product listing and description, and damaged or expired goods arriving.

Susceptible to cyber frauds

Since the ecommerce store is entirely online, there is a huge risk associated with it of cyber fraud. Phishing scams undertaken by individuals posing as online stores and service providers are pretty common, and it is also quite common to hear about identity thefts. This is because ecommerce websites collect data about you in order to market their products more effectively, and payments are often made online. A simple glitch in the system can make way for huge cyber attacks.

Ecommerce has seen a major boom in recent years. It is easy to understand why: it is comparatively cheaper for both the customer and the seller, and quite convenient for both parties too. It will probably be still sometime before risks are eliminated and trust is built up among the entire customer base, but for now, it appears as though ecommerce is here to stay.

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Technology

Positive and negative effects of 3D Printing

3D printing is the breakthrough new technology that allows anyone with access to a 3D printer and the internet to get pretty much any object they want into existence. Chuck Hull invented the first 3D printing process called ‘stereo lithography’ in 1983. In a patent, he defined stereo lithography as ‘a method and apparatus for making solid objects by successively “printing” thin layers of the ultraviolet curable material one on top of the other’. Nowadays, rapid prototyping has a wide range of applications in various fields of human activity: research, engineering, medical industry, military, construction, architecture, fashion, education, computer industry and many others. The worldwide 3D printing industry is expected to grow from $3.07B in revenue in 2013 to $12.8B by 2018, and exceed $21B in worldwide revenue by 2020. As it evolves, 3D printing technology is destined to transform almost every major industry and change the way we live, work, and play in the future.

Positive effects of 3D Printing:

3D printing has many advantages, including faster manufacturing speed and lower costs after the initial outlay. The biggest advantage they offer is the customizability of the product. Computer software will allow the user to individually design the solid object they require, right down to minute specificity. The possibilities of this customizable technology could also be crucial in the role of medicine and surgery. Doctors will potentially be able to manufacture tailor-made body parts or organs, directly from replica human DNA, which would bypass the problem of donor rejection. Additive manufacturing at low volumes is very competitively costed compared to traditional manufacturing. For the production of prototypes that verify form and fit, it is significantly cheaper than other alternative manufacturing methods (e.g. injection molding) and is often competitive for manufacturing one off functional parts. Traditional manufacturing techniques become more cost effective as volume increases and the high setup costs are justified by the large volumes of production. Traditional manufacturing produces additional products that you probably know you will eventually need thus storage problems arise. However, 3d printing technology, products can be “printed” when needed thus excess products are eliminated and no storage cost is required. The widespread use of 3d printing technology will definitely increase the demand for engineers who are needed to design and build these printers. Technicians who are skilled at troubleshooting and maintenance and Designers to design blueprints for products and more jobs will be created.

Negative effects of 3D Printing:

At present, 3D printers can only create items out of resin, ceramic, plastic and certain metals. As you can see, 3D printing with the use of mixed technologies and materials, such as circuit boards, is still under development. Similar with the impact other new technologies have, 3D printing will decrease manufacturing jobs, which means that it can have a huge impact on third-world economies, especially China that is depending on a large number of low-skill jobs. With this printing technology becoming commonplace, printing copyrighted products to create counterfeits of them will also become more common, and it would be nearly impossible to identify which is the original product. There will definitely be a challenge with intellectual property rights, especially with the value of a product residing in a digital file, where there is a question whether manufacturers would assign licensing rights and insert copy protections to protect their property. 3D printing will allow for the creation of more dangerous items, such as knives and guns, with little or no oversight. In terms of regulation, this process also has the potential to undermine control mechanisms that make sure products are appropriate and safe. As you can see, customs regulatory bodies would lose their power to oversee goods when they are no longer transported across borders. This printing method can outperform or even replace traditional processes of manufacturing and shipping. For one, it actually cannot compete with the speed of traditional manufacturing processes, thus it is not a good solution for mass production of goods. As of yet, 3D printers are still limited with product sizes that they can create. Aside from this, traditional mass production processes are significantly cheaper than using 3D print technology to produce large quantities. And for items that require their surfaces to be smoothened, they will still need finishing following 3D print production, as the process will still leave a rough surface structure on objects, especially those made of synthetic fiber.

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Technology

Positive and negative effects of artificial intelligence

Positive and negative effects of artificial intelligence

AI is the next new thing in the technological front.  Artificial intelligence can be defined as a machine that thinks rationally and acts according to its reasoning. For long, it has been the element of science fiction stories and movies, and almost always, we have seen it having a strictly negative impact on humanity. Take, for instance, movies like I, Robot and Metropolis. In each of these instances, we have seen artificial intelligence developing a superiority complex and trying to take over the human race as the supreme master. Truth be told, we still have a long way to go before we can create a machine intelligent enough to develop a complex. But, now that we are progressing rapidly toward that not so remote future, it is time to look at the issue objectively and understand what artificial intelligence is all about.

Let us begin by discussing the benefits that artificial intelligence confers on us.

Positive effects of artificial intelligence:

It’s convenient

To begin with, artificial intelligence is important because it makes life much easier for everyone. The so-called weak artificial intelligences, such as the GPS in your car and the operating system assistants like Alexa, Siri, and Cortana, are all designed to make simple things like searching for something online or navigating your way through an unknown street much easier. On the other hand, strong artificial intelligences, such as intelligent robots, are used in space exploration programs, performing tasks that would be otherwise impossible to undertake by humans by themselves. They are also applied in the medical field to perform complex surgeries that would be impossible or extremely difficult for humans to successfully complete.

Error reduction

The advent of artificially intelligent machines has reduced the possibility of errors to a pretty narrow margin. By continuing the example stated above, today, you can navigate your way flawlessly through a crowded street in a foreign country by following the instructions in your car’s GPS system, and there would hardly be any possibility of error. This is a very small example, but the use of artificial intelligence has reduced the error margin significantly in all fields- big and small.

Used in menial tasks

Artificially intelligent machines are capable of performing tasks that would be deemed menial or monotonous for a human being. For instance, complex computational tasks, such as those required in space stations, would be pretty tedious for a human, being, leading to boredom, and giving rise to the possibility of error. An artificial intelligence in incapable of feeling bored, and will apply itself to the task it has been programmed to do without any signs of tiring.

However, as great as artificial intelligence may be, it still comes with its own set of problems.

Negative effects of artificial intelligence:

It’s expensive

First of all, all artificial intelligence is pretty expensive. Smartphones are costlier for this simple reason, that it requires a lot of money to design and constantly improve the AI assistants integrated in the system. Software codes that are used in these machines involve a lot of cost in terms of creation and upkeep, and in case there is a major breakdown, recovery can be extremely costly and in many cases impossible, forcing work to begin from scratch again.

Cannot substitute humans

Despite the near impossible tasks that artificially intelligent machines can perform, it cannot be denied that it would be impossible to substitute or replicate a human. Even in the most intricate of functions, a human hand is at work. Besides, the ethical and moral values that a human possesses, and which often come into play in daily decisions, cannot be programmed in a machine, n matter how complex and intelligent. Because a machine is not human, it will not think emotionally before undertaking a task, and anything it will do will only be the result of cold calculation. Besides, thanks to their programmed nature, a machine will never learn from its experiences. Because of the lack of creativity or original thought, an artificially intelligent machine will keep repeating its mistakes unless otherwise programmed.

Joblessness

Yet another major disadvantage posed by artificial intelligence is the unemployment it has created in its wake. When computers started to become widespread in offices, a number of jobs became redundant. The same has happened with AI as well. Computational workers are being replaced with artificially intelligent machines. Besides, AI has also created widespread dependence. People are becoming lazier as they can now rely on machines to perform a considerable number of tasks for them.

Artificial intelligence is, beyond a doubt, one of the groundbreaking inventions of the modern world. It is unfair to say that the technology will be the doom of the world, and it is too optimistic a statement to say that will make the world a better place. Truth be told, both are equally real possibilities, but the potential is in our own hands, and how things turn out depends on how we use this powerful tool we have created.

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