What Is The Impact Of Artificial Intelligence (AI) On Society?

Summary

This video script explores the profound impact of artificial intelligence on society, highlighting its potential to transform jobs, automate processes, and revolutionize healthcare and education. It emphasizes the dual nature of AI, predicting job displacement while also fostering new opportunities. The script underscores AI's role in enhancing data analysis, optimizing resource use, and addressing environmental concerns, with a call to harness AI for creating a better future.

Takeaways

• 🧠 Artificial Intelligence (AI) is a transformative technology with the potential to change the world profoundly.
• 💼 AI's impact on jobs is dualistic; it may replace around 7 million jobs in the UK but also create 7.2 million new ones, indicating a shift in the workforce.
• 🔧 The automation facilitated by AI extends beyond physical labor to white-collar jobs, including legal and medical fields, through intelligent machines and algorithms.
• 🏥 AI can revolutionize healthcare by making it more efficient, accessible, and potentially saving billions of dollars annually through machine learning applications.
• 📚 The education system can be reimagined with AI, offering personalized learning experiences and better tracking of individual student progress.
• 📊 AI enables better information processing and data analysis, providing insights from vast volumes of data, including applications in weather forecasting and earthquake prediction.
• 🌐 AI's role in resource management includes optimizing energy usage in warehouses, supply chains, and data centers, leading to reduced waste and increased efficiency.
• 💡 There is an environmental impact of AI to consider; while it can help reduce emissions, the operation of AI systems in data centers also contributes to energy consumption and emissions.
• 🌱 The promise of AI lies in its ability to create a better world, with the potential to improve jobs, education, and healthcare, but it requires responsible focus and usage.
• 🔑 Individuals need to adapt to AI's influence by understanding how technology can transform their current jobs and prepare for future roles where human value is paramount.
• 🌟 The speaker emphasizes the importance of directing AI towards enhancing human life and creating the desired future world, rather than using it indiscriminately.

Q & A

What does the speaker believe about the impact of artificial intelligence on society?

The speaker believes that artificial intelligence is the most powerful and transformative technology that humans have ever had access to, with the potential to change and improve various aspects of society.

According to the Pricewaterhousecoopers study mentioned, what is the potential impact of AI on jobs in the UK?

The study suggests that AI could potentially replace about 7 million jobs in the UK, but also create about 7.2 million new jobs, indicating a net increase in job opportunities.

What dilemma does the speaker highlight regarding AI and job transformation?

The speaker highlights the dilemma that while AI will cause people to lose jobs and make certain roles redundant, it also presents new opportunities and the need for individuals to adapt to these changes.

How does the speaker connect AI to the automation of business processes and society?

The speaker connects AI to automation by mentioning self-driving cars, autonomous robots, self-flying drones, and the automation of white-collar jobs, such as legal contract review, demonstrating AI's broad application in automating various processes.

What role does the speaker see for AI in improving healthcare?

The speaker sees AI playing a significant role in making healthcare more efficient, accessible, and potentially free for more people by automating diagnoses, analyzing data, and assisting healthcare workers in performing more critical tasks.

How does the speaker view the potential of AI in transforming education?

The speaker believes AI can reimagine and personalize education by tracking individual student progress and providing tailored exercises, making education more accessible and efficient.

What benefits does the speaker attribute to AI in terms of handling vast volumes of data?

The speaker attributes the ability to analyze and find patterns in vast data volumes to AI, which can lead to more precise forecasts, such as weather predictions, and the detection of events like earthquakes.

How does the speaker discuss the environmental impact of AI?

The speaker acknowledges that while AI can help reduce emissions and waste, it also has an environmental impact due to the energy consumption of data centers, emphasizing the need for responsible use of AI.

What is the speaker's view on the future promise of AI?

The speaker views the future promise of AI as a tool to make the world a better place by creating more human-centric jobs, transforming education and healthcare, and focusing on helping humans create the desired future world.

Where can viewers find more information on AI and its usage as suggested by the speaker?

Viewers can find more information on AI and its usage by subscribing to the speaker's YouTube channel, visiting the speaker's website at bernardmar.com, or following related articles and videos.

Outlines

00:00

🤖 Impact of AI on Jobs and Society

The first paragraph discusses the profound impact of artificial intelligence (AI) on society, as highlighted in the book 'The Intelligence Revolution'. It emphasizes AI as the most transformative technology in human history. The paragraph explores the dilemma of AI's potential to replace around seven million jobs in the UK while simultaneously creating 7.2 million new jobs, indicating a shift in employment rather than a loss. It suggests that individuals should adapt to AI by considering how their current roles might evolve and the value they can add in a future where AI takes over certain tasks. The paragraph also touches on the automation of business processes and society at large, including self-driving cars and autonomous machines, and the increasing automation in white-collar jobs, such as legal contract reviews through AI.

05:01

🚀 AI's Role in Advancing Healthcare, Education, and Resource Management

The second paragraph delves into AI's potential to revolutionize various sectors. It starts by discussing AI's role in healthcare, suggesting that AI could save approximately 100 billion dollars a year by improving efficiency and accessibility. The paragraph mentions the use of AI in diagnosing skin conditions through smartphone apps, thereby providing free and immediate access to healthcare. It then moves on to education, arguing that the current system is outdated and needs to be reimagined with AI to provide personalized learning experiences and make education more accessible. The paragraph also covers AI's capability to analyze vast amounts of data, leading to better insights and predictions, such as earthquake detection using smartphone sensors. It concludes by discussing AI's potential in optimizing resource use in supply chains and data centers, while also acknowledging the environmental impact of AI, including the energy consumption of data centers, and the need to use AI responsibly.

Keywords

💡Artificial Intelligence (AI)

Artificial Intelligence refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is described as the most powerful and transformative technology, with the potential to reshape various aspects of society, including jobs, healthcare, education, and resource management.

💡Jobs Transformation

Jobs Transformation refers to the change in the nature of work due to technological advancements, particularly AI. The script mentions a study indicating that AI could replace about seven million jobs in the UK but also create 7.2 million new jobs, highlighting the dual impact of AI on employment.

💡Automation

Automation is the use of technology to perform tasks without human intervention. The video discusses how AI is driving automation in various sectors, including self-driving cars, autonomous robots, and even in white-collar jobs like legal contract reviews, thereby changing business processes and societal functions.

💡Healthcare

Healthcare in the context of the video refers to the application of AI to improve the efficiency and accessibility of health services. It mentions a study by McKinsey that suggests significant cost savings in healthcare through AI and machine learning, and the potential for AI to provide diagnoses through smartphone apps.

💡Education

Education, as discussed in the video, is a field that can be revolutionized by AI. It talks about the need to reimagine the education system with AI to provide personalized learning experiences and to make education more accessible and potentially free for many, by tracking individual student progress and providing tailored exercises.

💡Data Strategy

Data Strategy in the video pertains to the planning and management of data to drive business or organizational goals. An example given is the design of Shell's data strategy, particularly focusing on how the legal department can use AI to automate the writing and review of legal contracts.

💡Resource Efficiency

Resource Efficiency is the concept of using the least amount of resources to produce the most output. The video mentions how AI can help in optimizing energy usage in data centers and supply chains, reducing waste, and making processes more efficient, which is crucial for environmental sustainability.

💡Environmental Impact

Environmental Impact refers to the effects that human activities have on the environment. While AI can reduce emissions and waste, the video points out that it also has its own environmental footprint, such as the energy consumption of data centers, emphasizing the need for responsible AI usage.

💡Machine Learning

Machine Learning is a subset of AI that allows computers to learn from and make decisions based on data. The video cites McKinsey's study on healthcare savings and mentions apps that use machine learning algorithms for diagnosing skin conditions, showcasing its role in enhancing AI capabilities.

💡Personalization

Personalization in the video refers to tailoring services or experiences to individual needs or preferences. It is highlighted as a benefit of AI in education and healthcare, where AI can provide customized learning experiences and health diagnoses, respectively.

💡Smart Technologies

Smart Technologies are advanced tools or systems that use AI to perform tasks more efficiently. The video gives examples of self-driving cars, autonomous robots, and self-flying drones, illustrating how AI is enabling the development of intelligent machines that can operate independently.

Highlights

Artificial intelligence is the most powerful and transformative technology humans have ever had access to.

AI could potentially replace about 7 million jobs in the UK, but also create 7.2 million new jobs.

People need to adapt to AI's impact on jobs by considering how technology will change their roles in the future.

Automation through AI is not limited to physical labor but also includes white-collar jobs like lawyers and medics.

AI can improve healthcare efficiency and accessibility, potentially saving around 100 billion dollars a year.

AI algorithms can diagnose skin conditions through smartphone apps, offering free access to healthcare.

AI has the potential to transform the outdated education system by personalizing learning experiences.

AI can track individual student progress and provide tailored exercises to address specific challenges.

AI enables better information processing by analyzing vast volumes of data to find patterns and insights.

AI is being used to improve weather forecasts and even predict earthquakes through sensor data analysis.

AI can optimize resource usage in supply chains, reducing waste and improving efficiency.

Smart devices like Google's Nest thermostat can help optimize energy consumption in households.

AI algorithms are used in big data centers to optimize energy usage, potentially reducing emissions.

There is an environmental impact of AI, as data centers consume large amounts of energy and require cooling.

The promise of AI is to make our world better by creating more human-centric jobs and improving sectors like education and healthcare.

It's crucial to focus AI development on areas that genuinely help create the desired future world for humanity.

Transcripts

what is the impact of artificial

intelligence

on society

[Music]

in my book the intelligence revolution i

talk about

how ai is transforming our world

and i believe that artificial

intelligence is the most powerful and

the most transformative technology that

humans have ever had access to

so in this video i want to look at some

of the key impacts

jobs will change and be transformed

there was an interesting study by

pricewaterhousecoopers that looked at

the uk

and it said that ai could potentially

potentially replace about seven

million jobs in the uk alone what was

interesting is that it could also

create about 7.2

million new jobs so this for me is an

interesting

dilemma of ai that we will definitely

see

people losing their jobs jobs become

redundant

and being transformed by ai but we also

see huge new opportunities so what we

need to do as individuals is we need to

think about

what this technology can now do and what

will this mean for our job

and not necessarily the job that we do

at the moment but how might our job

change

in the future and what roles that we

currently do

ais can do in the future and what we

will carry on as

humans where we can add some real value

automation this obviously is linked to

jobs too

but it's about business processes and

processes in society

we are now able to have self-driving

cars we have robots that move by

themselves

we have ships that autonomously cross

oceans

we have self-flying autonomous passenger

drones so increasingly we see more and

more of our processes being automated

by smart intelligent machines that use

ai but it's not just physical labor it's

also white

collar automation that is being

fast-tracked at the moment

where we are re-envisioning

jobs even like lawyers and medics and

others

to think okay we can now automate a lot

of this

i've recently designed the data strategy

for shell for example and a big

chunk of this was actually the legal

department and how they can now

use artificial intelligence to automat

automatically

write and review legal contracts

better health care we are currently

facing a healthcare

crisis across the world and artificial

intelligence can make healthcare

better more efficient but also give

more people access to healthcare a study

by mckinsey

found that we can save around 100

billion dollars

a year in healthcare by using artificial

intelligence and machine learning

and if you just think about this we now

have apps and we can build intelligence

into them

so if we have certain skin conditions we

can use our phone

we can take a picture it can then tell

us what skin conditions we might have

and the diagnosis is not done by a human

but by an

artificial intelligence algorithm so all

of this will give

more people access potentially free

access to health care

and free up current health care workers

to do the really important value adding

jobs

that we all care about ai will transform

education our education system

is really out of date today because it

was designed

50 100 years ago where we basically

delivered a mass

education to prepare people for certain

jobs that they would then have

for their lifetime nowadays schools need

to be reimagined

and artificial intelligence can do this

it can really track

progress of individual kids so if

they're using

education apps let's say they're using a

math up for example it can track

exactly where you are having problems

and then they can

build on this and give you more access

exercises this is something that a

teacher that has

has 20 or 30 kids in their class simply

can't do

so we need to re-imagine how we do this

and very similar to healthcare

what artificial intelligence enables us

to do is to give more people

access to help to to education and

potentially make it free for many more

people

and make it personalized

better information artificial

intelligence enables us to make

sense of these vast volumes of data we

now have in the world

we've never had more data than today and

ai can help us

find patterns automatically help us

analyze this data

this is already being used in weather

forecasts for example they are getting

more precise so we have more and more

data

that we can turn into insights

automatically

one example is predicting earthquakes

so what google has just released is an

app that basically

monitors vibrations of your phone

and this all happens in the background

and if all android phones in one region

suddenly start to vibrate it can

automatically detect an earthquake

this is just one example where all of

this sensor data is being collected and

automatically analyzed using machine

learning and artificial intelligence

better use of our resources ai has the

potential

to help us become more efficient

we see this already in warehouses across

supply chains where we see more

automation and also a reduction of waste

but just think about this companies like

google for example with their nest

thermostat

is able to understand how we're using

our heating system how much power we're

consuming

and this is really valuable information

that we can then

feed to power companies that can

optimize their power grids

there's a lot of wastage at the moment

happening and the more information we

have and the more this can be analyzed

in real time

the more we can reduce this make it more

efficient

we're also seeing artificial

intelligence algorithms being used in

big data centers to optimize

their energy usage and we'll see much

more of this in the future

but there's also an environmental impact

of artificial intelligence

we've just talked about the fact that ai

can reduce

emissions but it also causes emissions

and sometimes this is something we

forget when we use

a little app on our phone or we use

cloud services

that we think okay they're all clean but

actually they are

powered by massive data centers that

take sizes of multiple football fields

and have

huge energy consumption that need to be

cooled and so on

so what we need to make sure is that we

are using ai

for the right reasons and not just using

it because we can

for the one reason that there is an

environmental impact

and an impact on climate change whenever

we use ai

so overall for me the biggest promise of

artificial intelligence is to make

our world a better place it will replace

some jobs but it will hopefully create

better

more human jobs it will has the promise

to transform our education our health

care

but what we need to do is we need to

make sure we focus it on the things that

really

help us as humans to create the world we

want to live in

in the future for more videos on ai and

their usage check out my youtube channel

subscribe to this channel or head to my

website at bernardmar.com

where you can find hundreds of articles

and videos on this topic