Abstract

The goal of the thesis is to highlight the main uses and impacts of artificial intelligence to consumers’ life in high-tech cities such as Singapore. The different ways to exploit artificial intelligence in consumers daily life is explored and the overall impact to society as a whole. Current technology development is substantially rapid which affects various aspects of societies. The article considers advantages and disadvantages of the artificial intelligence to consumers, especially the ethical consideration of artificialintelligence which is becoming increasingly powerful issue. However, artificial intelligence’s development has started with momentum that is challenging to halt, thus, the question is whether we are able to maintain superior control over artificial intelligence.The importance of in-depth understanding of high-tech societies such as Singapore under the impact of artificial intelligence. This type of exploration can suggest various different changes in close future, for instance, concerning economy, transportation, healthcare and communication. Globally, these are issues that are intensely linked to the people’s daily lives affecting substantially to societies, for instance, economical algorithms are carried out already by the artificial intelligence which creates opportunities and threats. Artificial intelligence’s opportunities and threats are still under control, but great number of scholars have been arguing the moment the artificial intelligence is able to begin thinking about its strengths and weaknesses itself. Also, multiple societies and countries have been considering heavily investing into artificial intelligence which can provide substantial advantages to different aspects of society. In addition, greater and growing dependency on artificial intelligence will create vacuum of real human power in societies. Nevertheless, artificial intelligence carries disadvantages for societies too which needs to be scrutinized.

Highlights

  • Artificial intelligence (AI) was firstly introduced by John McCarthy in 1956 when it was considered as understanding and knowledge carried by machine, currently AI is linked to logic and thinking comparable to human’s [Smith, 2006]

  • This can be seen in different ways such as governmental support, heavy investments, logistics and cultural acceptance [Krasadakis, 2018]

  • Singapore wants to enhance AI in terms to create new economic and greater social factor pool of opportunities [AI Singapore, 2018]. This emphasizes the importance of different aspects that are enabling AI, for instance, consumers’ access and use of AI in small village of Kazakhstan are essentially different in terms of fostering factors including governmental support, heavy investments, advanced logistics and cultural acceptance

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Summary

Introduction

Artificial intelligence (AI) was firstly introduced by John McCarthy in 1956 when it was considered as understanding and knowledge carried by machine, currently AI is linked to logic and thinking comparable to human’s [Smith, 2006]. The goal of the thesis is to highlight the main uses and impacts of artificial intelligence to consumers’ life in high-tech cities such as Singapore. The different ways to exploit artificial intelligence in consumers daily life is explored and the overall impact to society as a whole. The importance of in-depth understanding of high-tech societies such as Singapore under the impact of artificial intelligence.

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