Automation can be stated as “the use of a computer to control the process of operation.”
Industrial Revolution has always created jobs for humankind. The steam engine is a product of the first Industrial revolution added strength to humans muscles. In a similar way, the A.I as a result of the 4th Industrial revolution will add strength to mental power.
see all ARTIFICIAL INTELLIGENCE – WHAT IT IS AND WHY IT MATTERS
Advantages of Artificial Intelligence
- It increases the efficiency of work.
- It increases the throughput of work (i.e. time taken to complete a job).
- Robots will be performing more complex tasks like surgical operations.
- They (robots) will be helping human beings and as a result,the efficiency of work will increase.
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Disadvantages
- Security risks of hacking
- Unemployment as robots is being employed in restaurants as managers, customs officers, etc.
- Can be misused by the terror organization
- As any operating error will be multiplied and will lead to system failure.
In the case of India to boost the contribution of the manufacturing sector in the G.D.P from 16% to 25% new technology should be adopted. At the same time according to the World Bank report, it will cause a threat to 69% of jobs in India.
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So nothing can be predicted in the short run but by adopting better policies, regulating measures and good governance it will prove to be beneficial.