All that glitters is not gold: Misuse of AI by big tech can harm developing countries
Artificial Intelligence (AI) has generated considerable interest over the past few decades, owing to its promising applications across a wide range of fields. But, it has also sparked an ongoing debate on whether the risks of using AI outweigh its benefits. The biggest concern with AI is a lack of governance, which gives large companies (popularly called as the "Big Tech") unlimited access to private data. Multiple scandals in the recent past have confirmed the threats of this—such as the infamous Cambridge Analytica scandal of 2018, in which Facebook conducted a major privacy breach by leaking confidential user information to a data-mining company. Moreover, although AI should be developed in a socially responsible way, governments often do not impose strict legislations on AI development, which may be detrimental—rather than beneficial—to the society.