AI and its Impacts on Privacy and Security

Fintelics
7 min readMay 5, 2023

AI and its Impacts on Privacy and Security

AI technology has been evolving rapidly in the last decade. Its transformative power has penetrated every sector, from healthcare to finance, and from entertainment to security. However, while we enjoy the convenience and efficiency it brings, it’s essential to consider its impact on privacy and security.

AI: A Double-Edged Sword

Artificial Intelligence (AI) indeed holds tremendous promise in enhancing our abilities, yet it’s not without its pitfalls, especially in relation to privacy and security. The risk emerges from AI’s proficiency in gathering, scrutinizing, and amalgamating vast volumes of data, a significant portion of which may be of a personal and sensitive nature. The Stanford Institute for Human-Centered AI (HAI) documented these concerns in a 2021 report, shedding light on the potential privacy…

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Fintelics
Fintelics

Written by Fintelics

Software consulting company that focuses on emerging technology such as AI, Blockchain, Cloud Computing, and Data Engineering, MERN Stack, and Fintech

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