The Benefits Of Artificial Intelligence

📌Category: Science, Technology
📌Words: 1052
📌Pages: 4
📌Published: 06 May 2021

Imagine a futuristic civilization, where all of mankind’s challenges are all obliterated. While this seems like a far-fetched fantasy, this can be the safer future for mankind, if humans utilize artificial intelligence to its fullest potential, and not discriminate against it. Artificial intelligence, as viewed by most, is the development and application of computer programs to efficiently perform everyday tasks. However, artificial intelligence has become a controversial topic, because some have a preconception that it would weaken human society, whereas others from an educational standpoint believe that the crucial pros of artificial intelligence far outweigh the trivial cons. Henceforth, artificial intelligence is beneficial to mankind, because it provides online security, saves countless lives through healthcare, and boosts the economy. 

Firstly, artificial intelligence is advantageous to mankind, because of its usefulness in protecting online enterprises. To add on, “Why AI Is the Future Of Cybersecurity” by Forbes points out the crucial fact that, “AI Blocked seven trillion threads on behalf of their customers...it reduces the overall time taken to detect threats and breaches up to 12%.” (Columbus). Similarly, “The Impact of AI on Cybersecurity” by IEEE Computer Society” highlights the fact that “Replacing traditional techniques with AI can increase the detection rates up to 95%”(Segal). To top it off, “10 Charts That Will Change Your Perspective Of AI In Security” by Forbes states the fact that, “AI’s greatest benefit is the increase in the speed (69%) of analyzing threats followed by a (64%) acceleration in the containment of infected endpoints/devices and hosts” (Columbus). Thus, numerous pieces of evidence accentuate the fact that artificial-intelligence-based software is immensely efficient in cybersecurity, due to its complex algorithms. For everyday individuals, this guarantees that their online records and bank accounts are safe from cybercriminals, thereby preventing their money or data from being stolen. On a larger scale, artificial-intelligence-based software can also make sure that the government’s or a corporation's online enterprises aren’t breached, hence preventing confidential information from reaching adversaries, and causing further chaos. This showcases artificial intelligence’s advantage to mankind, because if a government or huge corporation gets hacked, then the ramifications would be catastrophic, in terms of economy and the people’s welfare. Clearly, no matter the level of importance, artificial intelligence-based software will protect any user’s online enterprises, through its advanced and evolving algorithms. Therefore, artificial intelligence is beneficial to mankind, because of its effectiveness in cybersecurity, leading to people being more secure from cyber-attacks.

To continue, another way that artificial intelligence is beneficial to humankind, is because it increases the lives saved in the medical field.  Moreover, “Artificial Intelligence Will Change Healthcare as We Know It” from Business News Daily mentions the key point that, “Adoption of AI could save the U.S. healthcare industry $150 billion annually by 2026” (Uzialko). Likewise, “10 Promising AI Applications in Health Care” from Harvard Business Review states that “AI-generated efficiencies in image analysis could create $3 billion in annual savings {for healthcare industry}... AI-powered nurse assistants could save $20 billion annually” (Kalis). Additionally, “How Is AI Used in Healthcare- 5Power Real-World Examples That Show The Latest Advances” from Forbes accentuates the point that, “ Another way AI can impact healthcare is to automate administrative tasks. It is expected that this could result in $18 billion in savings for the healthcare industry.” (Marr). In other words, artificial intelligence’s efficient healthcare-software, and efficiency in healthcare management causes a huge sum of the healthcare industry’s costs to be cut. Furthermore, because artificial intelligence reduces costs for healthcare, the medical industry can charge lower healthcare costs, and still make profits. This will make healthcare more affordable to a growing number of individuals, enabling the professional medical-support they need. Clearly, this will lead to more lives being saved, as a greater number of people in need of medical help can approach the proper and cheaper healthcare. In addition, because artificial intelligence reduces various costs for healthcare, the medical industry can transpose some of the accumulated money into improving healthcare facilities, and gaining more advanced technologies. This will also cause a greater number of people to be saved, since the patients will be treated in more advanced facilities with better technology, and thereby, the doctors will have better resources to safely help the patient. Thus, artificial intelligence will help increase the number of lives saved in the medical field, because it gives the healthcare industry the flexibility to reduce healthcare costs, and improve the medical facilities with more advanced machinery.

Lastly, while some people have a presumption that Artificial Intelligence will destroy numerous jobs, evidence proves that it will create a net boost in jobs, which would help boost the economy. For example, “Is AI Going To Be A Job Killer?” by Forbes, points out that, “AI-related job creation will reach two million net-new jobs in 2025” (Press). Likewise, “Artificial intelligence will create more jobs than it destroys'' from CNBC highlights the point that, “Technical services would see a 16 percent net increase, while education would see an increase of 6 percent” (Frangoul).  Moreover, “Don't Fear AI. It Will Lead To Long-Term Job Growth” by Forbes also mentions that, “By 2030, AI will lead to an estimated $15.7 trillion, or 26% increase, in global GDP...97 million new jobs will be created across 26 countries by 2025” (World Economic Forum). Explicitly, numerous statistics prove that artificial intelligence creates a lot more jobs than it destroys, leading to a greater working population. This is crucial for economic growth, because a greater working population, means more financially-capable consumers in the market. To add on, if there are more financially-capable consumers in the economy, then a greater number of people will have the flexibility to buy more amenities, therefore causing consumer spendings to be increased. The increased consumer spending will keep the economy striving, as it will help businesses keep running due to the increased profits from the consumers. In addition, the increased job rates will also improve productivity, because the greater labor force will accomplish more for the business in less time, creating a greater output volume (profits) than input volume (costs and liabilities) for the company. This will cause corporations to make greater profits, thus causing economic growth. Therefore, artificial intelligence is beneficial to mankind, because it develops more jobs, which causes economic growth through increased consumer expenditures and improved productivity through greater work-force.

In conclusion, artificial intelligence is beneficial to mankind, because it secures all online enterprises through its intricate algorithms, increases the lives saved in healthcare by reducing the healthcare industry’s costs, and causes economic growth by increasing job opportunities. Clearly, artificial intelligence is not only beneficial to mankind, but even more, it's the key for the future of humankind. To add on, at the high rate that global crises such as climate change and poverty are increasing, mankind will deteriorate rapidly, without artificial intelligence implementation in global problems. So, it is time to stop the discrimination against artifical intelligencer, and utilize artifical intelligence to its fullest potency.

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