A COMPARATIVE STUDY ON

IMPACT OF ARTIFICAL
INTELLIGENCE ON SOCIETY…

A PROJECT REPORT SUBMITTED IN PARTIAL

FULFILMENT OF ASSIGNMENT IN
“MASTERS OF BUSINESS ADMINISTRATION”
“SESSION 2023:2024”

SUBMITTED BY: HARSH SHARDA

UNIVERSITY ROLL NUMBER: 2335400
CLASS ROLL NUMBER: 23MBA098

CGC JHANJERI, MOHALI

(AFFILIATED TO IKGPTU KAPURTHALA,
PUNJAB)
 DECLARATION
I Hereby Declare That the Dissertation Entitled “Impact of
Artificial Intelligence on Society” Is My Original Work and Has
Not Been Formed the Basis for The Award for Any Degree,
Diploma and Other Titles. It Is the Bonafide Work Done by
Harsh Sharda, A Student of Cgc Jhanjeri, Mohali During the
Academic Year 2023-2024.
 ACKNOWLEDGEMENT
It is in particular I feel towards my mentor who graciously gave
me their time and expertise. They have provided me with
valuable time and expertise, sustained efforts and friendly
approach. It would have been difficult to achieve the results in
such a small span of time without their help. I would like to
thank everyone who devoted their time and effort to interact,
guide and gave me the right approach to accomplish the task
also helped me to enhance my knowledge and understanding of
the project.
1) REPRESENTATION AND INTERPRETATION OF PEOPLE
FAMILIAR WITH ARTIFICAL INTELLIGENCE ON THE
BASIS OF EDUCATIONAL QUALIFICATION.
20 RESPONSES

10% 10%

35%

45%

EDUCATIONAL QUALIFICATION UNDERGRADUATE

GRADUATE POST GRADUATE
DOCTRATE

Based on the given educational qualifications, it can be interpreted that

individuals with higher levels of education, such as postgraduate and
doctoral degrees, are more likely to be familiar with artificial
intelligence (AI) compared to those with lower educational
qualifications. This is evident from the higher percentages assigned to
postgraduate (45%) and doctoral (10%) qualifications.
2) REPRESENTATION AND INTERPRETATION OF PEOPLE
CONCERNED ABOUT THE IMPACT OF AI ON JOB
DISPLACEMENT ON THE BASIS OF AGE GROUPS.
20 RESPONSES
100%

90%

80%

70%

60%
70% 20% 5% 3% 2%
50%

40%

30%

20%

10%

0%
AGE GROUPS 18-24 YEARS 25-34 YEARS 35-44 YEARS 45-54 YEARS 55 AND
ABOVE

The representation indicates that individuals in the younger age

groups, particularly those aged 18-24 years, are most concerned
about the impact of AI on job displacement. This age group
comprises 70% of those concerned. This suggests that younger
individuals, who may be entering or establishing themselves in
the workforce, are more apprehensive about the potential effects
of AI on employment opportunities.
3) REPRESENTATION AND INTERPRETATION OF PEOPLE
ON AI SHOULD BE REGULATED MORE STRICTLY TO
PREVENT MISUSE ON THE BASIS OF DEMOGRAPHIC
LOCATION.
20 RESPONSES

10%

10% 30%

50%

PUNJAB JAMMU HIMACHAL PRADESH HARYANA

The representation indicates that individuals in Jammu are most

in favor of stricter regulation of AI to prevent misuse,
comprising 50% of the population surveyed. Following this,
Punjab residents make up 30% of those supporting stricter
regulation. Haryana and Himachal residents each contribute
10%.
4) REPRESENTATION AND INTERPRETATION OF PEOPLE
ON WILL AI ENHANCE OR DETRACT HUMAN
CREATIVITY.
20 RESPONSES
60%

50%

40%

30%

20%

10%

0%
ENHANCE

DETRACT

NO IMPACT

The representation suggests that a majority of people,

constituting 60%, believe that AI will detract from human
creativity. Conversely, only 30% of individuals believe that AI
will enhance human creativity. A smaller proportion, 10%,
perceives that AI will have no impact on human creativity.
5) REPRESENTATION AND INTERPRETATION OF PEOPLE
ON AI INFLUENCE ON THE FUTURE JOB MARKET.
20 RESPONSES

15%

15%

70%

AI CREATE MORE JOB OPPORTUNITY THAN IT DISPLACES AI WILL HAVE A NEGLIGIBLE IMPACT ON THE JOB MARKET
NO OPINION

The representation indicates that a majority of people, accounting for

70%, believe that AI will create more job opportunities than it displaces
in the future job market. This suggests optimism regarding the potential
of AI to generate new roles, industries, and opportunities for
employment.
Conversely, a smaller proportion, 15%, holds the belief that AI will have
a negligible impact on the job market. This perspective suggests a more
neutral stance, indicating uncertainty or a lack of strong conviction about
the extent of AI's influence on employment dynamics.
 CONCLUSION
Artificial Intelligence (AI) is revolutionizing society across various domains, from
healthcare and transportation to finance and entertainment. While AI offers
numerous benefits such as increased efficiency, improved decision-making, and
enhanced convenience, its widespread adoption also brings significant societal
implications.
AI has the potential to disrupt labor markets by automating routine tasks, leading
to job displacement and necessitating workforce upskilling and reskilling. It also
raises concerns about data privacy, security, and algorithmic bias, as AI systems
rely on vast amounts of data that may perpetuate existing inequalities and
discrimination.

Moreover, AI's rapid advancement poses ethical dilemmas, including

questions about autonomous decision-making, accountability, and the
potential for misuse or weaponization. Balancing innovation with ethical
considerations is crucial to ensure AI technologies serve the common good
and promote human well-being.

Despite these challenges, AI presents unprecedented opportunities to

address complex societal issues such as climate change, disease detection,
and resource allocation. Embracing AI responsibly and inclusively, with
robust regulations, transparent governance, and public engagement, is
essential to harness its full potential while mitigating its risks.

In conclusion, the impact of AI on society is profound and multifaceted,

shaping the way we live, work, and interact. By fostering collaboration
among stakeholders, prioritizing ethical AI development, and empowering
individuals with digital literacy, society can navigate the AI-driven future
towards greater prosperity, equality, and human flourishing.
 INTRODUCTION
Artificial Intelligence (AI) has emerged as a transformative force shaping various aspects of modern
society. AI technologies, encompassing machine learning, natural language processing, robotics, and
more, have brought about significant changes across industries and everyday life. The impact of AI on
society is profound and multifaceted, influencing areas such as economics, employment, healthcare,
education, and ethics.
Employment Dynamics: The integration of AI into workplaces is transforming the nature of jobs and
skills required. While AI automation streamlines routine tasks, it also creates demand for new roles in AI
development, data analysis, and human-AI collaboration. Nonetheless, there are concerns about job
displacement, particularly for low-skilled workers, necessitating proactive strategies for workforce
reskilling and job creation.
Healthcare Advancements: AI is revolutionizing healthcare by enabling personalized treatments,
medical diagnostics, and predictive analytics. AI-powered systems analyze vast amounts of medical data
to improve diagnoses, optimize treatment plans, and enhance patient outcomes. However, ethical
considerations such as data privacy, algorithm bias, and patient trust pose challenges to the widespread
adoption of AI in healthcare.
Educational Transformation: AI technologies are reshaping education by personalizing learning
experiences, automating administrative tasks, and enhancing teaching effectiveness. AI-powered
platforms offer adaptive learning modules, intelligent tutoring systems, and educational chatbots to cater
to individual student needs and improve learning outcomes. However, integrating AI into education
requires addressing concerns about data privacy, equity, and digital literacy.
Ethical and Social Implications: The rise of AI raises profound ethical questions regarding its impact on
society, including issues related to privacy, bias, accountability, and job displacement. AI algorithms can
perpetuate existing biases and inequalities if not designed and implemented responsibly. Moreover, the
increasing autonomy of AI systems raises concerns about accountability and the potential for unintended
consequences.
In conclusion, the impact of AI on society is extensive and transformative, offering immense
opportunities for progress while posing significant challenges and ethical dilemmas. As AI technologies
continue to evolve, it is essential to ensure responsible development, regulation, and ethical oversight to
harness the benefits of AI while mitigating its potential risks and promoting societal well-being.
 COVERING LETTER
Subject: Application for Project Report: Impact of AI on Society
I am writing to express my interest in submitting a project report on the "Impact of
AI on Society." As an MBA student deeply intrigued by the intersection of
technology and society, I am eager to delve into this subject matter and explore its
implications for businesses, individuals, and communities.
In today's rapidly evolving landscape, artificial intelligence (AI) stands as a
transformative force with far-reaching consequences. From revolutionizing
industries to reshaping daily routines, the influence of AI pervades every aspect of
modern life. By conducting comprehensive research and analysis, I aim to provide
insights into the multifaceted impacts of AI on various societal domains, including
but not limited to:
By synthesizing empirical evidence, case studies, and expert opinions, the project
report aims to provide a comprehensive understanding of the impact of AI on
society. Furthermore, it seeks to offer actionable recommendations for stakeholders
to navigate the opportunities and challenges presented by AI-driven advancements.
I am confident that my academic background, research skills, and passion for the
subject make me well-suited to undertake this project. I am committed to delivering
a high-quality report that contributes valuable insights to the discourse surrounding
AI and its societal implications.
Thank you for considering my proposal. I am eager to discuss the project in further
detail and am available at your earliest convenience. I look forward to the
opportunity to contribute to the body of knowledge on this critical topic.
Warm regards,
Harsh Sharda

TABLE OF CONTENTS
CHAPTER PARTICULARS PAGE NUMBER

1 INTRODUCTION

2 COVERING LETTER

3 QUESTIONNAIRE

DATA ANALYSIS AND

4 INTERPRETATION

5 CONCLUSION