The growth of artificial intelligence poses great social risks as people may replace human judgment with the judgment of machines.
B) The increasing application of artificial intelligence will realign the organization of the economic system.
1. The development of artificial intelligence and the movement toward strong AI whereby machines have a capability similar to or greater than that of a human would indicate that there will be little to no need for manual labour as automation through artificial intelligence will increase productivity and efficiency. “Occupations that are common in the Caribbean, in tourism, agriculture, back office services, administration, parts of the legal profession and medicine, are deemed also to be at significant risk” (Jessop, 2016).
2. Countries will under-utilize highly skilled professionals as artificial intelligence will cause a range of current jobs replaced. The International Bar Association Global Employment Institute (2017) reported that one-third of current jobs requiring a bachelor’s degree can be performed by machines or intelligent software in the future.
3. Expert systems may be called on to make medical or military judgments rather than human