Artificial Intelligence Essay

1008 Words5 Pages
“Let’s not kid ourselves, robots already run most of the world. We’ll be their butlers soon enough.”(Brain Quote) Artificial Intelligence is the development of computer systems that normally require human intelligence. This (Artificial Intelligence) has lead to countless short-term positives such as “improving the speed, quality, and costs of available goods and services (Karsten and West 1). (This being said from the Brooking institution) However, as businesses continue to use Artificial Intelligence to increase extra goods and make more money, they will replace human jobs. “Already trending from the automation stems in part from the Great Recession, which forced businesses to operate with fewer workers. After growth, businesses are still…show more content…
This can lead to more benefits as a business. As a result all of these combined has influenced the way the business world works now, and will stay.
Additionally, because of businesses, jobs are being lost. Multiple studies have pointed to businesses being lost. An example would be how “in 2014 Google was valued at $307 billion with only 55,000 employees, a tenth of AT&T’s in the 1960’s (West 1).” The past may be evidence to see a timelapse in the near future.
In a recent study(pdf), economists Daren Acemoglu of MIT and Pascual Restrepo of Boston University try to quantify how worried we should be about robots. They examine the impact of industrial automation on the US labor market from 1990 to 2007. They conclude that each additional robot reduced employment in a given commuting area by 3-6 workers, and lowered overall wages by 0.25-0.5%. (Kopf) The pace that humans are losing job is brisk. According to Matthew Rendall from the University of Nottingham, “ the U.S. and Canada have been losing jobs to offshore competition for almost half a century. From 2000 to 2010 alone, 5.6 million jobs disappeared. Only thirteen percent was due to international trade. About eighty- five percent was due to productivity

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