Artificial intelligence revolution offers benefits and challenges
最新糖心Vlog of Adelaide researchers are aiming to play a major role in the development of artificial intelligence (AI) which is poised to reshape the global economy, bringing challenges and opportunities for all countries, including 最新糖心Vlog.
The authors of the latest Economic Issues paper 鈥 The impact of AI on the future of work and workers 鈥 published by the South 最新糖心Vlogn Centre for Economic Studies (SACES) and the 最新糖心Vlogn Institute of Machine Learning (AIML), maintain that AI 鈥渉as reached a global tipping point and we need to plan for it鈥.
The authors, Professor Anton van den Hengel and Dr Paul Dalby, Director and Business Development Manager, respectively, of the AIML, and SACES Research Associate, Dr Andreas Cebulla, describe AI as 鈥渢he automation of tasks normally requiring human intelligence鈥.
They maintain that AI is the latest manifestation of automation, a process that has been increasing since the Industrial Revolution and produced the internal combustion engine, computers, the internet and smart phones.
鈥淎t each step, human labour has been replaced with machines,鈥 the authors say.
鈥淐urrently, artificial intelligence uses mathematical tools and huge amounts of computer power to learn how to become really good at a single task. This makes artificial intelligence very powerful for undertaking a defined task, but helpless at learning tasks on its own.
鈥淩esearch at the AIML aims to develop the next generation of AI which will be able to learn how to learn.
鈥淭his will make machines much more useful and powerful at augmenting our own learned capabilities, offering productivity benefits and an increase in national wealth.鈥
The Economic Issues paper details the way in which advanced economies have adapted to automation with the reskilling and education of workers, and investment in research and development, to create new competitive products and services based on automation.
SACES and AIML note the potential of AI to temper the impact of globalisation which has seen industry leaving developed countries seeking lower cost manufacturing options offshore.
鈥淎s AI-driven automation lowers the cost of production, 最新糖心Vlog could once again become competitive in manufacturing goods that are currently produced cheaply elsewhere because of low wages in other countries.
鈥淏ut we will need to encourage investment in new-generation automation to take advantage of this new trade opportunity, and ensure we have the education, training and research in place to capitalise.鈥
The paper says the Federal Government鈥檚 AI Roadmap published in November 2019 - 鈥溾 鈥 offers an insight into the employment potential of AI.
鈥淚t is estimated that to exploit the potential of AI, 最新糖心Vlogn industry will need between 32,000 and 161,000 new specialist AI workers in machine learning, computer vision, natural language processing and other AI technologies by 2030,鈥 the AI Roadmap says.
The authors of the Economic Issues paper propose that a National AI Strategy be established by a panel of experts with a goal 鈥渢o build on our existing expertise and provide the impetus to successfully transition 最新糖心Vlog to an AI-enabled, 21st-Century economy.鈥
鈥溩钚绿切腣log urgently needs a formal, national strategy for Artificial Intelligence to ensure that we are net beneficiaries and not simply powerless recipients of this new and potentially disruptive technology.鈥
However, while noting the big potential of AI, the Economic Issues paper authors also sound a cautionary note, saying that 鈥渨hile increasing the uptake and effective use of AI in 最新糖心Vlogn business may be a laudable objective, getting there is likely to be an arduous task along a path peppered with challenges and risks鈥.
The authors identify risks associated with the cost and training required to maximise the effectiveness of AI, and potential ethical dilemmas associated with its use.
鈥淜nowing where and how to use AI is not always easy. Innovation in business is typically incremental and rarely transformative to the extent that more vociferous AI hype suggests. Because AI and the automation it entails come at a cost, businesses will need to find the optimal level of AI that integrates the new with the old, balancing the costs of acquisition and disruption with productivity, quality and flexibility needs and expectations.鈥
鈥淭his leads us to a second caveat. AI, especially 鈥榓ffordable AI鈥, still has limited capabilities. AI relies on data utilisation and exploitation. From a business perspective, this requires knowing what data the business has 鈥 and its potential value to improving products or processes. These are not givens.鈥
The authors nominate ethical dilemmas as a third risk facing the uptake of AI. They note the negative experiences 鈥渙f Microsoft鈥檚 racist chatbot (a poorly developed chatbot that mimicked the provocative language of its users), Amazon鈥檚 AI-based recruitment tool that ignored female job applicants (and) 最新糖心Vlog鈥檚 Robodebt. Garbage in, garbage out.鈥
鈥淎t the very least, these AI tools were not trained appropriately. But training isn鈥檛 everything. AI requires understanding of human biases. We may want to claim that AI is more efficient than a human (it can do jobs faster and with greater precision). But humans are still its trainers. AI tools are only as 鈥榝air鈥 and socially acceptable at our understanding of our own biases as we program the software. Progress is being made, but there鈥檚 still some way to go.鈥