Updated: Aug 25, 2021
There’s no doubt that artificial intelligence has brought significant benefits to many aspects of our life in many ways. From helping consumers shop and answer questions online to boosting productivity and customer service. While AI is an incredibly useful tool, there are also drawbacks. Below list some disadvantages of AI:
1. High cost
AI is so expensive because it’s still in the early stages of its development and often proprietary or specific. Creating machines that replicate human intelligence is not that easy. It requires plenty of time and resources, which costs a lot of money. AI also requires maintenance of latest hardware and software to stay updated, thus making it costly.
2. Lack of creativity
The issue with machines is that it only operates within what it was programmed so it cannot learn to think outside the box. AI is capable of learning over time with preset data but itself is unable to approach in complicates problems. A classic example is the bot Quill who can write Forbes earning reports. These reports only contain data and facts already provided to the bot. Although a bot can write an article on its own, it lacks the touch to use cases to explain. On the contrary, humans are more flexible, and they can understand and handle different problems, including easy and complex ones.
3. Increase in unemployment
The biggest disadvantages of artificial intelligence is that AI is slowly replacing a number of repetitive tasks with bots. Businesses look towards more error-free and risk-free work, which has resulted in the death of many job opportunities. A simple example is the chatbot which is a big advantage to organizations, can handle the job more efficiently than human.
4. Lack of emotional intelligence
AI is great in mathematical outputs that are linear; however, it’s an algorithm looking at systematic datasets to make decisions. There is no emotional intelligence built into the algorithms. There is no doubt that machines are much better when it comes to working efficiently but they cannot replace connection or sympathy between human beings. Machines cannot develop a bond with humans which is an essential factor when comes to ethics or humanity.
5. Lack of privacy
AI has an enormous desire for data, both from the past and from the present. What we say and do will become increasingly be recorded unless consumers are educated about where AI is deployed such as where data can be safe or where it is constantly at risk.
Source: Forbes, 2021