‘Adverse effects’ of AI expected to become major threat in the next decade

-

The adverse effects of artificial intelligence (AI) and misinformation are expected to become some of the most significant global risks over the next decade, according to data from Techopedia.

More than 900 experts from academia, business, and politics have expressed concerns over AI’s potential to deepen societal polarisation and increase instability.

The increasing impact of AI has been highlighted by the rise of DeepSeek, a Chinese AI subsidiary of High-Flyer Capital Management. Previously little-known outside specialist circles, DeepSeek has gained attention with the release of its large language model, DeepSeek-R1. This model is designed to demonstrate “reasoning” capabilities, using a structured “chain of thought” process to analyse and respond to complex problems.

Market reactions to DeepSeek’s rapid growth have been mixed. The company’s rise has coincided with fluctuations in tech stocks, although major players in the AI sector continue to report strong financial performance. Meta, for example, has shifted focus from its metaverse division to generative AI, reporting a fourth-quarter revenue increase of 21 percent to $48.39 billion.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Microsoft has also exceeded expectations, with revenue up 12 percent to $69.6 billion and operating income rising 17 percent to $31.7 billion. The company’s AI business alone has reached an annual revenue run rate of over $13 billion, marking a 175 percent increase year over year.

The Rising Risk of AI-Driven Misinformation

Despite the financial success of AI-driven enterprises, concerns remain over the risks posed by the technology. Misinformation is expected to persist as a major global threat. AI tools have enabled the creation of false information at an unprecedented scale, raising concerns over societal division, radicalisation, and political unrest.

The World Economic Forum’s Global Risks Report identifies misinformation as a continuing threat but highlights the adverse outcomes of AI as the most significant new technological risk by 2035.

Neil Roarty, an analyst at Techopedia, said, “The meteoric rise of DeepSeek, ChatGPT, and other AI firms in the last few years have presented numerous benefits and opportunities for businesses and society as a whole, but the risks cannot be ignored. Deepfake images and videos and misinformation created by AI are only set to rise, and the world is going to have to adapt to these risks quickly as they become more prevalent and potentially more severe.”

One notable risk for HR professionals is the rise of AI-generated CVs. According to Remote’s 2024 Global Workforce Report, 76 percent of hiring leaders in the UK have encountered CVs generated by AI containing false information, with 25 percent noting this occurs frequently. Three quarters of UK companies believe that AI-generated CVs have contributed to an increase in under-qualified applicants.

Even a non-malicious use of AI may have drawbacks. A recent poll by the CIPD found that 63% of people would trust artificial intelligence (AI) to inform – although not to make – important work decisions. HR and recruitment professionals are among the most active adopters of artificial intelligence (AI) in the workplace, including in recruiting. This has caused some concern that, if trained on faulty data, AI may perpetuate or even exacerbate hiring biases which are already embedded in workplace culture.

Alessandra Pacelli is a journalist and author contributing to HRreview, where she covers topics including labour market trends, employment costs, and workplace issues.

Latest news

Civil service attendance row raises questions over remote work oversight

Concerns over hybrid working oversight grow after claims of low office attendance across parts of the civil service.

UK leads Europe on salary transparency as EU pay deadline approaches

UK job adverts remain more open about pay than those in other major European economies as new transparency rules approach across the EU.

From factory floor to HR leader at CEVA Logistics

An HR leader at CEVA Logistics reflects on career growth, commuting, learning, leadership and balancing work with life at home.

Vacancies rise but UK jobs market remains near five-year lows as salaries pass £44,000

UK hiring shows modest improvement as pay rises continue, but job competition remains high and entry-level opportunities stay limited.
- Advertisement -

Jo Kansagra: How business can get 20% more out of their employees

Stress is more than a wellbeing concern. When employees are burnt out, overwhelmed, and excessively busy it harms their motivation and productivity.

Is working from home really a career killer?

Jennifer Liston-Smith’s reflections on leadership, work-life blend and the meaning of work. With fierce debate for and against working from...

Must read

Alan Price: MPs publish “unintelligible” gig economy contracts

The Work and Pensions Committee has published contracts from Uber, Deliveroo and Amazon as part of its review in to the gig economy, with one MP calling the Uber contract “gibberish”.

Becky Westwood: Tackling Five Feedback Myths

When it comes to giving or receiving feedback, the way we feel about it is often driven by our personal beliefs and values.
- Advertisement -

You might also likeRELATED
Recommended to you