The impact of artificial intelligence: from cognitive costs to global inequality
By: Guy Paić, Leonid Serkin
Potential Business Impact:
AI can help or hurt everyone equally.
In this paper, we examine the wide-ranging impact of artificial intelligence on society, focusing on its potential to both help and harm global equity, cognitive abilities, and economic stability. We argue that while artificial intelligence offers significant opportunities for progress in areas like healthcare, education, and scientific research, its rapid growth -- mainly driven by private companies -- may worsen global inequalities, increase dependence on automated systems for cognitive tasks, and disrupt established economic paradigms. We emphasize the critical need for strong governance and ethical guidelines to tackle these issues, urging the academic community to actively participate in creating policies that ensure the benefits of artificial intelligence are shared fairly and its risks are managed effectively.
Similar Papers
The Impact of Artificial Intelligence on Human Thought
Computers and Society
AI might make us think less and believe fake news.
The Impact of Artificial Intelligence on Gross Domestic Product: A Global Analysis
General Economics
Makes countries richer by using smart computer programs.
The Hidden Costs of AI: A Review of Energy, E-Waste, and Inequality in Model Development
Artificial Intelligence
Fixes AI's big energy use and waste.