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October 18, 2024 5 minutes read

Artificial Intelligence: AI Myths Vs Facts 

Artificial intelligence is gradually becoming a norm in our day-to-day lives and activities. We now have virtual assistants that help in our homes and even offices. Artificial intelligence cuts across every industry creating an undeniable impact. Even with the mass adoption, there are still some AI myths that greatly limit its complete use and propagation.

The entertainment industry has contributed greatly to some of the AI myths that are in circulation. Movies about AI world dominations and rogue AI are popular examples. However, these myths about artificial intelligence are purely fiction. Artificial intelligence is totally different from the popular notion that a lot of people have.

If we can separate the facts about AI from the myths, then we would be able to achieve full AI adoption. In this article, we will be debunking the most common AI myths. These facts will help you understand AI better and fully explore the full potentials therein.

Let’s get started!

Myth I: AI will replace human jobs

This remains one of the oldest myths regarding AI. It has become a popular but wrong opinion that human employment will be eliminated by AI and that social norms will collapse. This has been made worse by many headlines and wrong predictions by so called experts. However, the truth has a lot more.

Fact: AI is, in fact, developed with an intention of supplementing human actions and not to compete with them. AI relieves tedious, monotonous, and time-consuming tasks thus allowing human beings to develop fresh innovative ideas that cannot be necessarily delegated to robots. The coming together of individuals and computation has been referred to as “Augmented Intelligence”.

Augmented intelligence has been adopted in many industries like healthcare, finance and manufacturing. Therefore, AI is not replacing jobs. Contrarily, it helps to create new job opportunities and encourages skilled individuals to upskill and integrate their skills with AI.

Myth II: AI is self aware

Propagators of this myth have the idea that artificial intelligence is conscious, sensitive and independent. Thus it is slowly creating an existential threat for humans. However, AI researchers and experts vehemently oppose this idea.

Fact: Today’s AI technologies can be designed for certain use or function but they do not possess consciousness, or empathy.
AI follows operations through algorithms and data not feelings and instincts and makes without emotions. To better understand this misconception we must briefly look at the comparison between narrow AI and general AI.

Narrow AI is created to perform extremely well within a given task, including visual identification or translation, whereas general AI is a theoretical kind of AI that knows and probably develops like a human.

Experts in the field have stated clearly that AI cannot be self aware. Dr. Yann LeCun, Director of AI Research at Meta said, “AI will not become self aware”. Also, in another interview, Dr. Andrew Ng said that AI is not the problem but the solution.
While the idea of self aware AI may be interesting, it remains one of the myths propagated by mass media.

Myth III: AI is only for tech giants

Many people think that only Google, Amazon and Facebook and similar companies can use AI technology because AI is available only for large industries. However, how wrong could they be?

Fact: AI usage is gradually becoming more popular coupled with the integration of AI systems in various fields. All these have reported to be successful.

Application of AI in healthcare is helping to diagnose, deliver precise medications and engage with patients. In finance, AI helps to determine risks, fraud, and sort portfolios. Manufacturing is one of the areas that receives the advantages of optimized supply chains, prediction of spare parts, and quality assurance. Education employs Intelligent learning systems, personalized tests and assessments and other student services. All these show that AI is not confined to industry type or specific operations as it can be used in many business operations.

An example of an AI platform that is accessible for everyone is Openfabric AI. Openfabric AI is a decentralized AI platform that has various AI tools that can be easily accessed and used even by beginners. It is a user-friendly platform and encourages users by offering incentives to reward creatives. Therefore, with Openfabric AI, startups can get the same value of AI tools otherwise inaccessible to them because of the big companies.

Myth IV: AI is not safe

People are often concerned about the safety of their information when using AI. This has raised a lot of questions to do with security and bias.

Fact: These problems are being solved by developers since they are applying excellent measures to honor data privacy and ensure that the application of artificial intelligence is equitable. Such measures include others like data encryption, and decentralization.
Encryption secures stored data, limiting its access to authorized individuals alone. In the same vein, decentralization gives users full control over how their data is used. Thus, poor data storage and data access is an AI myth control to protect information.

Myth V: AI will lead to a robot uprising

When we hear a robot uprising we almost immediately think of the movie, “Terminator”. However, this AI myth is ridiculous, funny even if you understand the nuances surrounding AI.

Fact: Currently, there is no data to suggest that AI possesses the power to cause an uprising and take over the world. Today’s AI is designed for specific tasks and is not as autonomous and sentient as to take over the world.
However, regulations surrounding the development of AI technology have been put in place to create a transparent and explainable AI. It is high time to put science fiction aside and start thinking about AI as an instrument that is designed to make our lives better.

Conclusion

The perceptions created by the world about AI are far from accurate. Therefore, it is critical to distinguish myth from reality when it comes to artificial intelligence and human interaction with it. Clearing up these myths helps society understand AI’s capabilities in innovation and problem solving. In addition, the use of AI should not be clouded by myths. This way, we can build a strong society that is highly integrated with AI.

The future of Artificial intelligence is not predestined, it depends on the choices we make concerning AI use. At Openfabric, we are the future of AI. To stay ahead of the curve, visit our WEBSITE and be part of this future today.

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