How AI Will Shape Society Over The Next 20 Years

In a panel discussion about the future impact of AI on society over the next 20 years, experts Ramesh Raskar and Hari Balakrishnan expressed optimism that AI advancements will not lead to human extinction but emphasized the need for adapting to the evolving AI landscape. They discussed the potential societal roles and impacts of AI, highlighting the importance of governance, risk management, upskilling individuals, and democratizing AI technologies to drive participation and growth in various sectors.

In a panel discussion about the future impact of AI on society over the next 20 years, two experts, Ramesh Raskar and Hari Balakrishnan, discussed various aspects related to AI development and its implications. They touched upon the common fear of AI leading to the dominance of robot overlords, but both experts expressed optimism that AI advancements will not result in human extinction. Instead, they highlighted the need to adapt to the rapidly evolving AI landscape and consider the potential societal roles and impacts.

The experts emphasized the importance of learning from past technological revolutions and finding a balance where the benefits of AI outweigh the risks. They acknowledged the rapid pace of AI development compared to previous technologies like CRISPR, emphasizing the need for governance and risk management strategies. Balakrishnan expressed optimism about AI’s potential to improve health outcomes and enhance personalized education, while also recognizing the challenges of operationalizing AI in real-world settings.

The conversation delved into the potential impact of AI on employment and education, with discussions around how AI could assist in upskilling individuals and enhancing productivity in various sectors. Both experts highlighted the role of decentralization in AI development, emphasizing the democratization of AI technologies and the need for incentivization mechanisms to drive participation in the AI ecosystem. They also discussed the underinvestment in certain AI areas and the potential for sectors that are currently overlooked to experience significant growth in the coming years.

As the discussion touched on the hype cycle surrounding AI, the experts noted the presence of misinformation and overinvestment in certain areas of AI development. They predicted a potential downturn in the hype cycle in the next 18 months due to these factors. However, they also highlighted the underinvestment in crucial sectors that have the potential to experience significant growth in the next 3 to 5 years. The conversation concluded with a reminder of the global landscape of AI development, with a particular emphasis on the rapid growth of AI technology in China and India, showcasing the diverse and dynamic nature of AI innovation worldwide.