Ai is not a new thing we already know, then why this hype about ai and automation?
Let me explain why, and why many experts believe that it will widen the gap between developed and developing nations.
Although the concept of Ai can be traced to the 1940s and 1950s when Alan Turing published his landmark paper which created the possibility of "robots that think", it is only in recent times that these concepts can be realised to this extent.
There are numerous reasons why, but the major ones are because now large amounts of data are available thanks to more and more people being connected to the internet and the extended use of social media. Apart from this now the computing capabilities have been improved to the next level which is needed for processing these big data.
There's already a debate going on how Ai will automate jobs and replace human beings but here I will discuss another critical outcome that experts believe Ai will have.
Many experts believe that AI will widen the gap between developed and developing nations.
Curious?? Let's see why it is a concerning issue.
Since developed nations already got the infrastructure that is essential for these AI models to be trained and deployed.
Also, the more developed nations have more data available which is the fuel for this technology. More the data, better the accuracy of the model.
Finally, developed nations can invest more in research as compared to developing nations and will have an edge in technology and automation.
Owing to all these, the developed nations will have better automation in place and thereby be the first choice for new investments. And the cycle will continue.
So how can we prevent this?
Digitization of data - The whole AI industry is based on data and if developing nations try to digitize their existing data and adopt digitalization it will be the founding step towards this adaption. India's digital revolution in the payment sector is in fact better than most developed nations as well.
Prevention of brain drain - There is no doubt, people leave their home countries for better education and opportunities but we as well as our policymakers should work on nurturing innovation and improving the culture in the higher education systems.
Proper distribution of resources - For countries like India handful of people have the majority of the resources and this stops the overall innovation. Remember innovation comes after survival.
Although the impact of AI is already being felt, it is a hard time for all of us to realize, adapt and upskill so that we aren't left behind in this data-driven era.