Read the following passage from a newspaper editorial on technological advancements:

'As society welcomes the rapid development of artificial intelligence, we must tread cautiously. While the potential for improvement in efficiency and productivity is unparalleled, the ethical implications of AI deployment cannot be ignored. The boundary between human decision-making and automated processes blurs, raising questions about accountability and moral agency. Furthermore, the growing dependency on AI may lead us to undervalue human skill and intuition, which have shaped our cultural and professional identities for centuries. Therefore, a balanced approach that includes regulation and ethical considerations is essential as we navigate this complex terrain.'