Hints based on dot connecting methods for writing essay on Artificial Intelligence: Requirements and Challenges
Here is an essay exercise for SEBI Grade A 2023 aspirants:
Topic: Artificial Intelligence: Requirements and Challenges
Instructions: Write an essay of about 250 words discussing the requirements and challenges of artificial intelligence. Use the hints provided below to guide your writing. Make sure to connect the dots between the hints to construct a cohesive and well-organized essay.
Introduction: Provide a brief overview of artificial intelligence and its increasing use in various fields.
Requirements for AI: Discuss the primary requirements for AI, such as access to vast amounts of high-quality data and robust computing power.
Data management: Explain the importance of effective data management in AI applications and the need for organizations to invest in data collection and management systems.
Computing power: Discuss the need for specialized hardware, such as graphics processing units (GPUs), to meet the demands of AI applications.
Challenges of AI: Highlight the challenges associated with AI, such as bias, lack of transparency, and ethical considerations.
Bias: Explain how bias can creep into AI algorithms and lead to unfair or discriminatory decisions.
Lack of transparency: Discuss the challenges associated with understanding how AI models arrive at their decisions, and the importance of transparency and explainability in AI algorithms.
Ethical considerations: Highlight the ethical considerations associated with AI, such as privacy concerns and job displacement.
Addressing challenges: Discuss the measures that can be taken to address the challenges associated with AI, such as implementing best practices for ensuring transparency and fairness in AI algorithms.
Investment in AI: Emphasize the importance of investing in AI-specific hardware and software and developing AI applications in a way that maximizes its benefits while minimizing its risks.
Conclusion: Summarize the key points discussed in the essay and provide a final thought on the future of AI and its potential impact on various fields.