Question

(i) How will AI impact the economy of a country?

(ii) How will AI impact healthcare in a country?

(iii) How will AI impact social justice globally?

(iv) How will AI impact Business and/or Finance?

Answer 1

(i) Artificial intelligence can help in boosting up the economy of the country. It helps in increasing efficiency of all the things that are done in the economy. It helps in improving decision making process by analysing great amount of data in very less time.

(ii) Artificial intelligence helps in improving medical diagnosis. It helps in storing medical data of large amount of patients. AI can be used is healthcare in order to produce efficient treatment methods.

(iii) AI is used for improving social justice. It helps in better communication and help people to connect with each other. It improves social justice by helping in the the time of emergencies like earthquake, and tsunamis. It helps in predicting disasters.

(iv) AI helps in improving business processes and minimizing human work. It does all the calculations and prediction for the manager so that he can take better decisions. Almost all the business activities can be improved with the help of AI. AI also help business organization to keep a close contact with uts customers and understand their needs and preferences.

Therefore, we can say that if used properly, artificial intelligence can do wonders.