AI: Threat or blessing?

05:45 PM | 3 Jun, 2021
AI: Threat or blessing?

AI is an integral part of our lives and promises a future even more advanced and modern than it is today. However, the development of AI does not come without complications. While some see AI as a blessing, there are many who are fearful of the fast developing technology. 

The benefits of AI are far reaching. From medical care to automatic run businesses to self driving cars to home assistants; AI is everywhere! Not only does technology do the job in less time, it does so with more efficiency. Owing to the fact that AI does not need breaks and does not get tired compared to humans , Business owners now prefer AI run programs in order to cut costs and increase productivity. What's more people now task AI with doing dangerous and life threatening jobs. 

The newly recruited Bomb robots help save many lives and we might even be seeing robots in outer space. AI is far better at predicting behaviour than the human mind. The best thing about AI is that it can take over mindless, repetitive tasks and give humans the opportunity to engage in more interesting jobs. AI also reduces the amount of human error that is possible when people are overworked or otherwise occupied. In our personal lives, thanks to AI we can navigate easier, set tasks and reminders and do simple tasks around the home at the snap of a finger. It can be argued that AI has made life simpler, comfortable and faster! 

'' AI is about replacing human decision making with more sophisticated technology.''

- Falguni Desai

So what exactly are the fears related to the this lifestyle? Many people argue that AI's lack of ability to make decisions based on morals and compassion could lead to bigger problems. Replacement of basic human jobs will put many out of employment. Some fear a robot takeover once AI develops enough to outthink the human mind. Whatever these fears are, there is no doubt AI is here to stay. At least for now chances of a robot takeover seem slim. AI cannot create new knowledge so it seems we are safe for now.


Rupee recovers marginally against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee saw marginal improvement against US dollar as it appreciated in the open bank market.

Dollar Rate in Pakistan Today

On Thursday, the US dollar moved up and was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan - 30 November 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.58 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates in Pakistan increase; Check today’s gold rates 30 November 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 30 November 2023

On Thursday, the single tola of 24 Karat gold was available at Rs218,600, and the price for 10-gram gold reached Rs187,420.

Meanwhile, the 22 Karat Gold price stands at Rs200,380, 21 karat rate for each tola is Rs191,275 and 18k gold rate hoveres around Rs163,950.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 218,600 PKR 2,675
Karachi PKR 218,600 PKR 2,675
Islamabad PKR 218,600 PKR 2,675
Peshawar PKR 218,600 PKR 2,675
Quetta PKR 218,600 PKR 2,675
Sialkot PKR 218,600 PKR 2,675
Attock PKR 218,600 PKR 2,675
Gujranwala PKR 218,600 PKR 2,675
Jehlum PKR 218,600 PKR 2,675
Multan PKR 218,600 PKR 2,675
Bahawalpur PKR 218,600 PKR 2,675
Gujrat PKR 218,600 PKR 2,675
Nawabshah PKR 218,600 PKR 2,675
Chakwal PKR 218,600 PKR 2,675
Hyderabad PKR 218,600 PKR 2,675
Nowshehra PKR 218,600 PKR 2,675
Sargodha PKR 218,600 PKR 2,675
Faisalabad PKR 218,600 PKR 2,675
Mirpur PKR 218,600 PKR 2,675


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