Pros and Cons of AI in The Digital Arena

Artificial Intelligence is trending and is also gaining importance nowadays. However, it is said to have its own set of positive and negative points especially in the Digital arena. The following are some of the Pros and Cons of Artificial Intelligence:

Advantages of Artificial Intelligence:

1. Handling Monotonous Tasks:
AI can be helpful when it comes to handling various monotonous tasks. Since AI allows more complex level of automation whic h ultimately results in the tasks getting productively done.

2. Decisions and Actions come Faster:
AI can help you to take decisions faster . Some of the areas include like fraud detection, scheduling and a host of other tasks which involves the role of computers.

3. Processing with No Room for Error:
Computers are said to help you to perform tasks in an error free manner. Nowadays, these software contains an amazing user interface. These AI enabled software basically help your business to run smoothly.

4. Saves a Lot of Costs:
Businesses basically look for saving cost and at the same time increasing their return on investment. With the help of AI, you can save a lot of money in the long run.

5. Quality Research Outcomes and Quick Programmable Learning:
AI provides improved prediction and forecast analysis. AI can also help you to derive the data faster as compared to humans.

Limitations with Artificial Intelligence:

1. Eliminate Many Jobs:
AI may lead to the loss of jobs. AI robots have the capability to replace human manpower.

2. Disastrous, if Algorithms Go wrong:
There are chances that the algorithms associated with AI may go wrong. If this happens it will end up in a disaster.

Read more at businesscomputingworld.co.uk