Publication Date: 2023/12/16
Abstract: Humankind scientifically called Homo Sapiens, together with a collection of finite minds has created various tools of infinite ability termed as Artificial Intelligence. AI replicates human-like intelligence in machines, programmed to think and act like humans while continuously self-improving. AI is rapidly advancing in various aspects of society, providing valuable assistance in the digital age. Its adaptability and applicability have grown significantly from 2018 (1.9) to 2022 (3.8), according to a McKinsey Global Survey. In this paper, we will discuss the novel applications of Artificial Intelligence in diverse fields impacting humankind and how this highly complex field is paving its way into our lives and surroundings and will observe its transformative impact on our society and how there has to be legal, political and regulatory implications if an AI is at fault and will also emphasize the need to critically assess AI's features and its pre-vs-post induction applications in areas like IoT, automotive, and healthcare The research paper aims to clarify AI features and approaches, focusing on its inception, attributes, applicability, and assessing current AI laws and regulations while presenting an opinion on them, secondly to investigate and draw a contrast between the present and the future aspects of Artificial Intelligence, the inherent risks involved with Artificial Intelligence and how its benefits may undermine them and lastly, a brief comment and personal overview would also be brought up in the paper in a manner conclude the topic.
Keywords: Artificial Intelligence, Humankind, Applicability, Regulations.
DOI: https://doi.org/10.5281/zenodo.10394084
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23DEC526.pdf
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