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u According to Oxford Economics, “Due to adoption of automated robots, up to 20 million jobs in the
manufacturing sector across the world will be lost by 2030.”

u According to the World Economic Forum, “ The adoption of AI systems will displace 75 million jobs but
generate 133 million new ones worldwide by 2022.”
Thus, job loss is the major concern across the world due to adoption of automation systems in various sectors.

Income Inequalities

The adoption of AI systems could increase income inequality across the World. According to research of Oxford
Economics, “the negative consequences of automated systems are disproportionately felt in the lower-income
regions compared with higher-income regions of the same country.”

Security

Likewise other technologies, AI systems such as bots can be used for good and bad purposes. On the bad side,
bots are used by fraudsters to perform automated logins with the goal of compromising user accounts. These
systems are also used by cyber criminals for hacking or damaging purposes.
No Reasoning

As you know, artificial intelligent systems are not moral agents. These systems can make decisions on the basis of
real world data which is being fed into them but who is responsible for the outcome of decisions made by them.
In simple words, these systems are not able to give reasoning for decisions made by them.

K Keyey TTermserms

u Artificial Intelligence (AI)
AI is a branch of computer science which enables machines to think without human intervention.

u Machine Learning (ML)
ML is a subset of AI where systems learn and improve without explicit programming.

u Deep Learning (DL)
DL, a subset of ML, involves implementation of neural networks on high-dimensional data to solve complex
problems.

u Data Science
Data science is a field of study to analyse large amounts of data.

u Computer Vision
Computer Vision replicates human vision, allowing computers to understand and process digital images.

u Natural Language Processing (NLP)
NLP deals with computer-human interaction through natural language, encompassing voice and text.

u AI Ethics
AI ethics involves rules and principles addressing complex ethical issues arising from advancing AI
capabilities.

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