Chapter 16: Role of Artificial Intelligence in Society and Economics: A Critical Analysis

With the progress of computer technology and the development of machine learning and neural networks, the concept of artificial intelligence (AI) has been developed. The AI is performing work in association with computers, and machines interpret external data intelligently for achieving specific results in a very short time with abilities of showing the natural intelligence of humans. The history and concept of AI has been discussed in the study critically. It has major positive and negative implications on the society, particularly in agriculture and in healthcare for medical professionals leading to the benefit of the society and human beings. But AI should be used with some ethical issues. There must have been some care and consideration so that privacy of citizens, freedom of individuals and fundamental rights and unemployment problems are maintained.