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About Some Socio-economic Problems and Risks of Artificial Intelligence

Received: 1 March 2024     Accepted: 18 March 2024     Published: 11 September 2024
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Abstract

Article analyses some socio-economic risks related to application of artificial intelligence (AI) in several fields of activity. Also, existing gaps in legal regulation of activities related to artificial intelligence are investigated. Article clarifies issues related to determining the division of liability for certain legal consequences resulting from artificial intelligence activity. Also, norms and principles to be adhered to in order to protect personal data during application of AI are demonstrated. As one of the concerns among people regarding artificial intelligence, article notes the importance of provision of transparence and accountability of this technology. Simultaneously, article interprets problems arising from relations of artificial intelligence and intellectual property, as well as recognition of property rights for intellectual products created via AI. Also, macro and micro-level impact of artificial intelligence on economy is analyzed. Attention is paid to issues such as productivity, competition, changes in the nature of the labor market, the increase in unemployment, and the deepening of social and digital inequality as a result of the application of this technology. Moreover, advantages and risks of human-robot collaboration are evaluated. Article demonstrates the biggest threats of artificial intelligence – creation of fake content, misinformation and hence, creation of significant problems. Prevention methods of those threats are interpreted on technological and legal planes. Also, risks of application of artificial intelligence in critical fields such as military and health are characterized.

Published in International Journal of Science, Technology and Society (Volume 12, Issue 5)
DOI 10.11648/j.ijsts.20241205.11
Page(s) 140-150
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Artificial Intellect, Robot, Digital Inequality, Personal Data, Fake Content

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Cite This Article
  • APA Style

    Alguliyev, R. M., Mahmudov, R. S. (2024). About Some Socio-economic Problems and Risks of Artificial Intelligence. International Journal of Science, Technology and Society, 12(5), 140-150. https://doi.org/10.11648/j.ijsts.20241205.11

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    ACS Style

    Alguliyev, R. M.; Mahmudov, R. S. About Some Socio-economic Problems and Risks of Artificial Intelligence. Int. J. Sci. Technol. Soc. 2024, 12(5), 140-150. doi: 10.11648/j.ijsts.20241205.11

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    AMA Style

    Alguliyev RM, Mahmudov RS. About Some Socio-economic Problems and Risks of Artificial Intelligence. Int J Sci Technol Soc. 2024;12(5):140-150. doi: 10.11648/j.ijsts.20241205.11

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  • @article{10.11648/j.ijsts.20241205.11,
      author = {Rasim Mahammad Alguliyev and Rasim Sharif Mahmudov},
      title = {About Some Socio-economic Problems and Risks of Artificial Intelligence
    },
      journal = {International Journal of Science, Technology and Society},
      volume = {12},
      number = {5},
      pages = {140-150},
      doi = {10.11648/j.ijsts.20241205.11},
      url = {https://doi.org/10.11648/j.ijsts.20241205.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsts.20241205.11},
      abstract = {Article analyses some socio-economic risks related to application of artificial intelligence (AI) in several fields of activity. Also, existing gaps in legal regulation of activities related to artificial intelligence are investigated. Article clarifies issues related to determining the division of liability for certain legal consequences resulting from artificial intelligence activity. Also, norms and principles to be adhered to in order to protect personal data during application of AI are demonstrated. As one of the concerns among people regarding artificial intelligence, article notes the importance of provision of transparence and accountability of this technology. Simultaneously, article interprets problems arising from relations of artificial intelligence and intellectual property, as well as recognition of property rights for intellectual products created via AI. Also, macro and micro-level impact of artificial intelligence on economy is analyzed. Attention is paid to issues such as productivity, competition, changes in the nature of the labor market, the increase in unemployment, and the deepening of social and digital inequality as a result of the application of this technology. Moreover, advantages and risks of human-robot collaboration are evaluated. Article demonstrates the biggest threats of artificial intelligence – creation of fake content, misinformation and hence, creation of significant problems. Prevention methods of those threats are interpreted on technological and legal planes. Also, risks of application of artificial intelligence in critical fields such as military and health are characterized.
    },
     year = {2024}
    }
    

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