Lee Bressler Discusses Primary Threats of Artificial Intelligence
As artificial intelligence and machine learning become ever more prevalent, it’s increasingly important that people are suitably aware of the current limitations of such technology and understand the threats it poses, according to New York City-based equity fund portfolio manager Lee Bressler.
“Artificial intelligence,” says Lee Bressler, “still has a number of fundamental limitations.”
Lee Bressler explains that, even as the technology continues to evolve and improve, there will always remain a need for supplementary human intelligence. “While a robotic device might be able to perform any number of different tasks, the question remains, ‘What happens when a discrepancy occurs or a fundamental change is required in the device’s immediate environment?'” says the financial sector professional. “Quite simply,” he continues, “a robot or similar device or piece of equipment just cannot be inherently smart enough to tackle an eventuality for which it was never specifically trained or intended to undertake.”
Furthermore, the equity fund portfolio manager suggests that leaving any critical or otherwise highly important task entirely up to a robotic device can conceivably lead to catastrophe, if not potentially dire or otherwise unintended circumstances.
“History demonstrates that there will always be a requirement for human workers,” says Lee Bressler, pointing, as an example, to the rise of ATMs first installed over five decades ago. “With over 400,000 ATMs currently installed in the U.S., it would not be unreasonable to think that the number of human tellers might’ve dropped as a result,” he explains, “yet according to analysis by the International Monetary Fund, the number of tellers in the country has actually increased during the same period, rather than declining.”
Equity fund portfolio manager Lee Bressler uncovers limitations and threats of ever-evolving artificial intelligence and machine learning technologies.
However, according to Lee Bressler, the primary threat posed by artificial intelligence pertains not merely to its limitations, but more critically to the technology’s decision making processes.
“There will come a time when it’s necessary to let artificial intelligence take the lead, rather than simply assisting or supporting existing human tasks, roles, or other functions,” he suggests. “When we rely on artificial intelligence to make a choice, we run the risk of the technology making a poor decision, wherein which lies the biggest threat of all, and in itself, another limitation,” adds the New Yorker.
Even the smartest of artificial intelligence solutions will, he says, always require at least some degree of human oversight. “Accordingly,” Lee Bressler adds, wrapping up, “while people continue to panic about artificial intelligence replacing human workers, the technology is, in fact, more likely to spawn additional new roles whereby teams are made responsible for the technology and its algorithms, and making sure that they’re doing what they’re supposed to at all times.”