General Studies · Critical Reasoning

Read the passage given below and select the inference(s) that hold true based on the facts in the passage. Passage: In recent years, artificial intelligence has revolutionized industries such as healthcare, education, and finance. While AI-powered systems increase efficiency, they also raise ethical questions about privacy, bias, and job displacement. Many experts argue that regulation is necessary to ensure AI benefits society fairly. Still, rapid innovation often outpaces policy-making, leaving gaps in accountability. Despite risks, societies continue to adopt AI, driven by the promise of progress and competitiveness. Inferences: I. AI is entirely risk-free and universally accepted. II. Regulation is seen as important to balance benefits and risks of AI. III. Innovation in AI advances faster than regulation.