Busted! 5 AI myths that should stop existing

Artificial Intelligence is the game of future. Abbreviated as AI, this term is doing great rounds of interest past few months or may be couple of years. There have been various developments done in terms of this new technology and it is destined to be used in every walks of life.

However, history is the crude witness of the fact that every time humanity was graced with the marvels of innovation and invention, it came with a curse of myths and rumors. Well, our dearest AI isn’t spared from it too.

People with less or no knowledge about this new technology try to understand and perceive it in their own way which leads to false believes. In wake of such hour, we being an AI driven firm find a need to clear some air and provide legit as well as intelligent readers like you, some great insights into the world of AI.

However, before we proceed, we need to break the walls and smash the wrong notions held against AI. So, here we go! Let’s discuss 5 biggest myths around AI and seek the truth behind them. So, are you ready? Then scroll down.

Myth 1: AI will replace human jobs

When was the last time when you hear your neighborhood aunt saying that your job will soon be eaten away by robots? Well, we all are exposed to such threats almost everyday and it is AI that they talk about. Well, worry not! Humanity isn’t going to embrace any such situation.

AI is just a tool and doesn’t possess the power to entirely think and act just like humans do. In fact, with development in AI, there are new jobs being created in the market that involves humans utilizing AI for various purposes. Surely, few of the human driven tasks are going to be taken care by computers by that will only make forward towards upgrade the human driven jobs with better scaled returns and opportunities. Well, now this doesn’t appear as AI replacing human jobs. In fact, it gives us an opposite picture. Doesn’t it?

Myth 2: AI is only for large scale companies

Well, when was the last time you had a Facebook chat with one of the local brands? Were the responses provided instantly? In that scenario, it is quite a possibility that you were interacting with a chatbot from the brand’s end, which is again a small marvel of Artificial Intelligence. In fact, it is the byproduct of applying AI in marketing or customer experience.

This signifies that AI is not just meant for the Fortune 500 companies. Even small businesses can make the most of it. In fact, there is a new tool coming up from an Indian start-up that is specially meant for small or medium scale businesses! This tool named CX Monk is totally AI driven and guarantees NextGen marketing and customer experience support. Well, this makes our point concrete and busts this myth also.

Myth 3: AI can find solution to everything

No. This is a big big no! By now you must have realized that AI is not a rabbit brought from a magician’s hat. It is pure science and technology marvel; which, just like other innovations, is driven by human skills and intelligence. In fact, AI is powered by human brain and its functionality is inspired from the way we think.

Now tell me, can you find answer to everything? Well, no! Same is with AI. All the tools and bots that are AI driven are trained or built for specific purposes and can’t do anything more than that, thus can’t solve any problem that it away from their set of code or forte!

Myth 4: AI and ML are same

So here you are saying Rocky and Rambo are same, right? Exactly, they aren’t! ML which is an abbreviation of Machine Learning is actually a sub-set of AI. The problem is that the world is exposed to whole lot of such new words and so everything is getting jumbled or confused! Well, that’s why we are here! AI mainly deals with the intelligence part of any machine while ML deals with operations. We can further explain this with relatable example!

So, if you tell a kid to say “I am fine” in return to “How are you” then this teaching can be an example of AI. But over the course of interactions, the kid also sees that people say “I am fine, thank you” and the kid learns to say “Thank you” as well after he says “I am fine”. Now this learning done with experience signifies ML. As the name suggest, ML is diverted towards Machine Learning, but it is only possible in cases of machines that are powered with AI. So ya, ML is part of AI and not a synonym to AI!

Myth 5: AI will take over the world

Are you a fan of the Terminator series or Matrix series? Well, there is no sin in being a fan of those titles since they are great movies, but applying those concepts in real life can be a bit scary! Let’s get to the point, AI is not going to take over the world.

By now you must have realized that AI is just like other technological advancement done by humans. It is driven by human command and is under the human control. Now, why would we ourselves want our own extinction? That too at the hands of machines? So, don’t worry, that’s not happening. AI is utilized for some great purposes, only to ensure advancement of human race and not against it!

Well, these were the top 5 myths around AI that are being discussed widely these days and here is our counter to bust them! Hope you are convinced! Well, we know you are…

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