Technology Revolution Can Help or Harm Societies.

Press. Voanews.
As artificial intelligence is used in an increasingly connected world, experts say inherent risks need to be addressed now as societies become more and more dependent on the technology for everyday tasks. “It’s quite explosive what we’re seeing,” said Tom Siebel, chairman and chief executive officer at computer software company C3 IoT, during a recent Milken Institute Global Conference in Los Angeles. The experts discussed the benefits and dangers of technologies that allow machines to gather and analyze large amounts of data from connected devices.

Dangers of a connected world
“Well, I think there are very serious concerns that we need to be aware of as it relates to the aggregation of all these data. A lot of this is personal identifiable data, economic data, health history data, human genomic data,” said Siebel, in discussing how the technology is applied to daily life.

Technology experts also said artificial intelligence has the potential to put people out of work. “When we have autonomous vehicles, what are the taxi drivers in New York City going to do? This idea that we’re going to retrain them to be data scientists, this is crazy,” Siebel said. “What’s happening in the corporate world is corporations are facing a mass extinction event. Since the beginning of this century, 52 percent of the Fortune 500 companies have disappeared from the planet.”
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