Artificial Intelligence: Major Threats and Challenges
Artificial Intelligence (AI) has great potential to transform many sectors and enhance people's lives. Its explosive growth does however present important threats and obstacles that need to be properly addressed.
Manpower Displacement and Financial Inequality:
Automation powered by AI poses a serious threat to many jobs across multiple industries, which could exacerbate socioeconomic disparities. Initiatives to reskill and upskill people are essential to lessen the impact on displaced workers, especially in vulnerable demographics, even though new job possibilities are going to develop.