Adam Smith's business came to a terrible end as he had to lay off almost 100 staff members because of AI.
A Welsh business owner claims Artificial Intelligence destroyed his firm after new software launched which he says led to a downturn in demand for content writers.
AI is the intelligence demonstrated by machines, as opposed to the natural intelligence displayed by both animals and humans. "But it comes with risks as well and that's why the Bletchley Park conference is so important because that will be looking at some of the risks and how we can be secure against them.""Let's accept that jobs may change, but that always happens with any new technology"
"With cyber security being taught in Cardiff and universities, people are coming out with very well-paid jobs by the way. Also, we've got the semi-conductor cluster going on in South Wales and AI can fit seamlessly into that."Amplyfi is an AI-powered market intelligence company working in Wales. Its Chief Executive Paul Teather, says this new technology will make it easier for people to do their jobs.
The commissioner highlighted that "unequal access to AI and other new technologies" could "exacerbate inequalities in our society".World leaders and huge technology firms are expected at a major summit on AI organised by the Prime Minister.Mr Walker said: "Unless addressed, the predicted growth in science, technology and ‘green jobs’ will benefit the already advantaged because of a lack of diversity in relevant education, training and jobs.
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