Advancements And Impact Of Technology

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Advances in technology have contributed significantly to the success of the United States economy. Since the Industrial Revolution, technological advances have allowed companies to carry out tasks more efficiently, expediting production while driving down the product costs. With the increase in demand for cheaper products, so did the need for workers to overlook the machines doing the work. In recent years, a new technological system called Artificial Intelligence has emerged. Artificial Intelligence (AI), is “the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision making, and translation between languages” (Barrat 7). Even though AI is still in its early stages of development, some companies have tried to cut costs by implementing these early forms of AI. As a result, “we get a higher gross national product owing to the impact of information technology on workers productivity” (Barrat 191). But, what happens to the job market when people are replaced by machines, and who actually benefits from the implementation of AI? Based on the historical impact of technology and the early implementations of AI, Artificial Intelligence will impact entry-level low-skill jobs that don’t require higher education. In this paper, I argue how the further introduction of AI into the workplace will only benefit the wealthy by exacerbating disparities in economic inequality. I will

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