After slow beginnings, artificial intelligence emerged at the turn of the century from the walls of laboratories, experiments and limited applications to widespread use. Then, its applications spread in recent years, and it became known to the general public, and was reported in the media. Factors have combined to achieve this success, including the steady improvement of artificial intelligence technologies, then the significant increase in computer processing capabilities, and the availability of big data that digital systems collect for us daily. But these developments raise logical questions about the actual value and benefits that artificial intelligence provides to individuals, companies and society in general. For this reason, "Dubai Future Foundation" worked on studying the issues raised by the topic "value in the era of artificial intelligence" in cooperation with a number of bodies, specialists, experts and thought owners, to highlight the effects of artificial intelligence, robots and big data in the 21st century.
Artificial intelligence is a driver of global growth
Many people are looking to applications of artificial intelligence to the ability of this technology to promote prosperity and improve human lives, but any change may cause disturbance in the prevailing systems, and this requires policymakers and companies to work on the benefits of artificial intelligence and avoid its risks. James Manica, head of the McKinsey Global Center for Research, estimates that using artificial intelligence and logical analysis in various areas globally can generate a value of 3.5 trillion to $ 5.8 trillion annually, which means adding up to $ 13 trillion to global gross output by 2030, which It raises the annual rate of global GDP growth by more than a percentage point. Jack Bugen, director of the McKinsey Global Center for Research, estimates that the contribution of artificial intelligence to accelerating GDP growth will increase social welfare, by 0.5 to 1% per year from now to 2030. This mimics the social impact of previous waves of technology adoption, such as The information revolution and communications technology.
And the implications of the use of artificial intelligence on health and the environment is one of its most important positive contributions. The discovery of new drugs becomes much faster using traditional methods, and reliance on artificial intelligence-supported systems leads to traffic congestion and reduces the negative impact of air pollution on health by between 3 and 15%. According to McKinsey Research. Pugin believes that artificial intelligence is able to help the world achieve the 17 sustainable development goals set by the United Nations, but to benefit from it we must address the fundamental challenges it poses, such as the need to progress towards more mature stages of this technology before we can fully rely on it, and the need to improve the quality Models and elimination of bias by providing the highest quality training data.
It must also be taken into account that artificial intelligence will, according to the research firm McKinsey’s expectations, change 375 million workers worldwide by their occupational categories by 2030. It is also expected that the nature of almost all jobs will change as a result of cooperation with smart machines in the workplace, which requires skills New and retraining the workforce.
• Many are looking to applications of artificial intelligence to enhance prosperity and improve human lives.
• Relying on artificial intelligence leads to controlling traffic jams and reducing the negative impact of air pollution.