Question

Is the emergence of (a) Artificial Intelligence and (b) Social Media

a boon or bane to business and society? Take a stand and justify. Use appropriate examples to support your stand.

Answer 1

Answer

✓ emergence of artificial intelligence and social media is a boon to the business and the Society, if used appropriately. Because, it can improve lives and social conditions. Artificial intelligence can sort the complexities dealing with difficult work, where humans have high risks, and they can ease out the processes with consistency and accuracy. Social media on the other side provide various platforms, that are globally used for communicating, entertainment, for commercial activities, and doing the businesses, that has changed the whole World.

But, there are certain drawbacks to these two innovations. Viz, artificial intelligence can take away majority of jobs and harm the human beings, keeping the people poor and starving. Social media has various threats like cyber crimes, data thefts, and much more. That may impact society to a great extent. It may also bring cultural trouble and influence the values of many communities.

Artificial intelligence needs to be used in an effective way, balanced with the human workforce need, to better serve the humanity and society. There should be enough job opportunities to the human beings and machines or AI should support them.

Social media platforms needs to be used carefully, and organisations must protect the datas of the people with security and the law should come up with practical solutions to cyber crimes. People must be aware of Malware and thefts and should be asked only for the required information under stricter security control.

When these things are taken Into consideration, then it will not be so hard to manage innovation and to minimise the risk of any loss or harm.