Are humans in for a bleak future with AI taking over their jobs?
The artificial intelligence, as per my subjective understanding of the technology, has not explicitly demonstrated the fact that whether it is going to benefit humanity positively or create detrimental results for its very existence. The reason why I am saying so is based on my observation over the past few months about AI in the context of its contribution to human evolutions. So far, I have noticed that more than giving benefits to the humanity or people on a large scale, the artificial intelligence has just rendered their status into a stage of depressive outcome, in terms of job loss. The last year I came to know that Paytm has fired one thousands of its employees subsequent to enforcing AI-led automation in its business operations. In its press release, the company notified that it has experienced a performance boost by thirty percent post AI implementation, thereby lending more credibility to its official decision associated with terminating the jobs of those ill-fated emp...