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Gulf Regions Job Market to Rely on AI

Stockmarket

The Gulf Cooperation Council might have to rely on artificial intelligence technologies to fight unemployment, GulfNews.com reports. Joachim Diedrich, a professor of artificial intelligence at the Uni of Queensland, Australia, embraces this dependency:

“For decades now, there has been a misconception that artificial intelligence will replace human resource. Rather, it is a job creator. [...] I see this as a positive opportunity. We should be optimistic about the availability of new jobs through the development of artificial intelligence.”

Probably we should indeed be optimistic, as there might not be a way around a tighter integration of AI into our daily life and products anyway. This integration has long started, it is being used in predicting weather and the stock market, so there is no way (and use) of denying its importance to the job market.

Although Diedrich tries to allay security doubts by saying that he does not think that “the industry will come to depend on artificial intelligence,” he lowers the credibility of his own statement with his next: “The use of artificial intelligence is not public knowledge, we don’t know how or where it is being used in the region.”

This far-reaching integration of black-box AI into important economical factors like the stock exchange and a huge number of jobs creates a dangerous dependency with regards to the worst case scenario of a hostile AI (it increases the AI Panic Level by +2%).

While current AI methods, used for example to predict the weather or stock values, are quite simple and pose no threat whatsoever, it will get more and more difficult to say that of future techniques. The accelerating technological advancement will enable very complex systems that incorporate extensive background knowledge from news articles, common sense databases and historical data to optimise the accuracy of predictions. This accurate world model might enable AIs to reason about everyday life and is a requirement for general artificial intelligence.

Thus a high job dependency on AI in this area will feed into the advancement and research of this area and brings us closer to a possibly dangerous strong AI.

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