What are the advantages and disadvantages in using artificial intelligence in 2024?

Jeremy Kallowitz
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February 1, 2022

What are the advantages and disadvantages in using artificial intelligence in 2024?

What is Artificial Intelligence?

Artificial intelligence (AI) is a broad field of computer science that focuses on creating intelligent machines that can accomplish activities that would normally need human intelligence. Artificial Intelligence refers to the intelligence displayed by machines. In today's world, Artificial Intelligence has become highly popular. It is the imitation of human intelligence in computers that have been programmed to understand and duplicate human actions. These machines can learn from their mistakes and do human-like tasks. Artificial intelligence (AI) will have a significant impact on our quality of life as it develops. It's only natural that everybody today desires to engage with AI technology in some way, whether as a consumer or as a professional in the field.

Advantages of Artificial Intelligence in 2022

  1. Artificial intelligence can assist in the evolution of work, which can benefit the economy. Robots and artificial intelligence will assist people in performing their responsibilities more effectively, not replace them. Man and machine working together will be invincible.
  2. AI improves information flow and efficiency, allowing individuals to take advantage of new possibilities. We're thinking about new cash sources, investments, and job opportunities.
  3. Consider the use of power in the household and the vehicle. Artificial intelligence (AI) has the potential to surpass these because machines will be able to assist people in solving more critical and complex social problems. Innovation will rule supreme, and people's quality of life will improve.

Disadvantages of Artificial Intelligence in 2022

  1. It takes a lot of skill to build a machine that can mimic human intelligence. It takes a lot of time and energy, and it can be very expensive. AI also requires the most up-to-date gear and software to stay current and meet the most stringent criteria, making it highly expensive.
  2. One of AI's major drawbacks is that it can't learn to come up with new ideas. AI can learn over time using pre-programmed facts and previous experiences, but it cannot be innovative in its methodology.
  3. One of the most serious drawbacks of AI technology is that it is gradually replacing humans with bots for a variety of routine tasks. Many career prospects have been lost as the necessity for human intervention has decreased. A simple example is the chatbot, which is beneficial to businesses but a pain for individuals.

Use of AI Algorithms on Cloud Computing

Cloud computing, according to Wikipedia, is the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without the user's direct active supervision. To put it another way, it's the use of hardware and software to provide operations or retrieve and retain data across a network, most commonly the Internet.

When cloud computing and AI are combined, users will be able to not only store data, but also evaluate it and derive judgments from it. Companies such as Microsoft, IBM, Google, as well as Amazon have made significant investments in AI, particularly in cloud computing solutions, throughout the years.

Top 7 Companies That Use Cloud Computing Effectively

As corporations prioritize as-a-service suppliers above traditional suppliers, speed digital transformation initiatives, and support the new ordinary of working amid the COVID-19 pandemic, cloud computing has become the go-to model for information technology in 2021. Running AI algorithms on cloud computing is becoming the norm. Below we have listed 7 companied that use cloud computing effectively.

  1. Netflix

Netflix relies on AWS to keep its service up and running for hundreds of millions of users around the world. This goes beyond database storage and management, as AWS provides Netflix with the necessary infrastructure and processing capabilities for rapid expansion and constant innovation. Netflix today operates in over 190 countries and offers entertainment in over 30 languages.

  1. Coca-Cola

In 2014, the Coca-Cola Company switched to the public cloud. The organization was able to cut maintenance expenses and save 40% on operations by migrating to the cloud, as well as boost efficiency and expand operational effectiveness by introducing more robotics. Coca-Cola is, without a doubt, one of AWS's most important customers, as it presently controls the worldwide beverage business.

  1. Pinterest

Since its inception, Pinterest has relied on cloud computing. Pinterest is so much more than a platform to save your food assortment and aesthetic collages. In reality, for marketers and bloggers, this has become the go-to location for generating quick and consistent traffic. Pinterest grew to become the 14th largest social media platform in the world because to the cloud and big data.

  1. Kroger

Kroger is an American retailer with a long and illustrious history. And now, with advances like digital shelf technology and smart pricing, it's transforming the way you buy for groceries. The company is able to produce secure e-commerce solutions and employ AI and machine learning to develop new breakthrough goods by leveraging cloud technology.

  1. Gameloft

Gameloft is a video and mobile game production firm established in France that specializes in online entertainment. Because developers had to stay on-premises, they had to devote a large amount of time to upkeep rather than innovation. By moving the game servers to the cloud, Gameloft was able to solve these issues while also improving the gamer experience and reducing time to market.

  1. Etsy

Etsy is a well-known e-commerce site for vintage and handcrafted items. It has created a global marketplace for artisans and sellers. This ever-expanding online community serves millions of individuals and allows almost anyone to open an online store and make a fortune selling one-of-a-kind things. The company's platform and data centers were relocated to the cloud, allowing them to expand and provide novel solutions for their users. Cloud technologies aid in the secure and reliable management of hundreds or even thousands of operations every day, as well as periodic high-load sales periods.

  1. eBay

eBay is a multinational e-commerce company based in the United States that serves 175 million active buyers in 190 regions across the world. It's more than simply an e-commerce site because it uses its signature bidding mechanism to help users find the greatest deals. eBay serves tens of millions of sellers and buyers throughout the world, and there are well over a billion active listings at any given moment. Cloud technologies enable the management of all data and the provision of secure transactions.

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Jeremy Kallowitz

I have a passion for online education, I've managed to build a successful career without even finishing high school by learning using a wide variety of online resources. I love to share information and learn from others!
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