AI vs. Human Creativity and Compassion

 

Due to my new hobby of learning to trade on the stock market, and my efforts to document this journey through my blog, 'Beginner Bull,' I've started following several investment commentators… (or do I call them influencers?)

One of them recently warned that maybe we should be wary of the AI mania sweeping across industries.

 I recently came across a meme that said:

 "I want AI to do my laundry and dishes so that I can do my art and writing. I do not want AI to do my art and writing so that I can do laundry and dishes" - Author unknown. 

This raises an important question: Can we ever replace a living, breathing, conscious, and authentic human being, complete with flaws, humour, compassion, and consciousness; with AI? Is AI not making the world a faker place?

According to #WinInvesting, and to summarise their view on the matter,  the chatter that the AI Mania bubble is next to pop; is growing louder. 

What if the benefits of Artificial Intelligence and its real-life applications are exaggerated?  Simulated machine intelligence in its most simplistic form is not much more than a state of being on and off, binary zeros and ones. AI has no consciousness and is either on or off. 

The dualism of human intelligence is that the brain, a physical object, and the mind, a non-physical object, are distinct. The mind provides a state of being and consciousness, and the state of being aware is a facade of human intelligence.

The excessive and unrealistic enthusiasm for AI might soon face a reality check. 

In warfare, AI-assisted targeting can lead to crimes against humanity, as AI lacks self-consciousness or a guilty conscience. For instance, AI is allegedly used by the IDF in the Gaza Strip to determine bombing targets rapidly and automatically, a decision that humans would ponder about due to potential civilian casualties. This use of AI has led to International Criminal Court arrest warrants for top military leaders.

AI touted as the future of the fast-food industry has resulted in comical viral videos of wrong orders. Automated order-taking (AOT) mess-ups are plentiful, with instances like bacon infused into ice cream. These humorous errors have led to McDonald’s deciding to terminate its two-year-old test of drive-thru automated order taking (AOT) conducted with IBM. Despite the economies of scale, the fast-food giant found no profit benefit from utilizing AOT and will revert to human customer service by the end of July 2024.

There are ample scholarly articles on the limitations of AI in healthcare. AI systems in healthcare are making mistakes, malfunctioning, and even breaking down. These mistakes have entailed biased outcomes, hallucinations, and AI drift, potentially seriously harming patients. Healthcare professionals now demand measures and increased awareness to counter the shortfalls of using AI.

Has AI mania peaked as its technology limitations become evident in real-world stock market applications? Nvidia, an AI tech chip manufacturer, saw its stock price surge by 750% in two years, only to experience a significant crash. In just three days last month, Nvidia lost an eye-watering $646 billion, the worst one-week loss for a single company in history. Insiders have sold $700 million worth of stock, with zero insider buying during this period. This insider activity suggests a lack of confidence in the sustained bullishness of AI stocks.

As we navigate this AI-driven world, let's not forget the value of our uniquely human qualities.

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