A comprehensive AI solution is estimated to cost between $20,000 and $1,000,000. The time and financial resources needed to successfully apply AI are enormous. To meet criteria, AI also requires the newest gear and software, which raises the entire cost.
2. Lack of creativity:
AI is not able to take a novel strategy, even though it can learn and change over time through historical facts and experiences. For instance, the Forbes Earnings Report bot Quill can only generate a report using information that has previously been supplied to it.
3. Increased unemployment:
Because AI is becoming more and more sophisticated, jobs involving repetitive tasks that people would normally conduct are being replaced by bots. For example, in some circumstances, chatbots are taking the place of human agents. A McKinsey analysis predicts that at least 30% of human employment would be replaced by artificial intelligence by 2030.
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