The Impact Of AI: An Economic/Financial Perspective

Hello, everyone it's @Joetunex and @Josediccus here again. In today's session, we talked about AI and the prospects and dangers it potentially poses. We compared the AI situation in most African countries to what we have in the Western countries and continents and talk about the huge contrast that we noticed.

We talked about how sophistication makes the impact of AI inevitable, especially in well-placed countries with the right technology. We then highlight AI and the internet and how it's threatening human interaction while providing the needed technology for job owners to actively reduce the cost of their workforce at the expense of people.

We talked about AI internet tools like chatGPT and also its influx into the web2 and web3 spaces like Hive. After carefully scrutinizing this influx, we came to a Conclusion that humanity might remain at an impasse towards AI and its technology because of the outrageous good it can do and the potential damage it can also cause.

There's been a huge disagreement on hive over the use of AI as a content tool. We feel that this same disagreement will span into real-world scenarios. We also highlighted the ideal perception of the potential AI situation in African countries.