About Some Socio-economic Problems and Risks of Artificial Intelligence

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.