I am becoming increasingly concerned that AI will, in fact, block the traditional growth path by replacing low-wage jobs with robots.
As Kai-Fu Lee, a Beijing-based venture capitalist who invests in artificial intelligence, tells us, AI is potentially the most revolutionary technology to emerge this century. It is also, along with the associated technologies of machine learning and robotics, advancing at breakneck speed.
Already AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy.
In developed economies, for instance, robots have replaced well over half of the jobs in the car and related industries in recent decades.
Discussion: 1) AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy. ” What topics have you covered so far in your business school courses that almost exactly match this statement? 2) What are you doing to better understand how AI works?
” AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy. ” What topics have you covered so far in your business school courses that almost exactly match this statement?
How likely is it that no one immediately noticed that the entire contact lists of 1.5 million people suddenly appeared in a database at Facebook? (If each person only had 100 contacts that would be 150 million entries in a database)
What does it say about Facebook’s software testing procedures that this “error” existed?
Not only is Alexa listening when you speak to an Echo smart speaker, an Amazon employee is potentially listening, too.Amazon (AMZN) employs a global team that transcribes the voice commands captured after the wake word is detected and feeds them back into the software to help improve Alexa’s grasp of human speech so it can respond more efficiently in the future.
Amazon reportedly employs thousands of full-time workers and contractors in several countries, including the United States, Costa Rica and Romania, to listen to as many as 1,000 audio clips in shifts that last up to nine hours. The audio clips they listen to were described as “mundane” and even sometimes “possibly criminal,” including listening to a potential sexual assault.
Most of us wouldn’t trust just anyone to watch our children, home, or pets, right? And we typically don’t hire just anyone who applies for employment, do we? What about the guy living out of his van offering low cost tax prep? Probably not your first choice this tax season.
It’s our instinct to take the time to look into these people and perform the due diligence and oversight necessary to assure us that we’re entrusting the right people with our assets. A similar approach needs to be taken when it comes to entrusting vendors with your organization’s systems and data, as well as your clients’ data
The world of work will be radically different in the future. From hyper-surveillance of staff to digital nomadism to robots taking jobs—how, where and why we work is changing beyond all recognition.
This is the workforce of the future. Technology is transforming the world of work beyond all recognition creating groundbreaking opportunities. But it’s also eroding the rights of workers. Some even fear a dystopian jobless future. But are these anxieties overblown? How we react to this brave new world of work today will shape societies for generations to come. What are the forces shaping how people live and work and how power is wielded in the modern age? NOW AND NEXT reveals the pressures, the plans and the likely tipping points for enduring global change. Understand what is really transforming the world today – and discover what may lie in store tomorrow.
The discussion here should be about how technology is transforming work and who does that work, and most importantly what is the student doing to prepare themselves to be productive in this transformed world. I use the phrase “tech-savvy” a lot during my discussions to get away from “coding”, “databases” and other highly technical topics. “Everyone needs to be tech-savvy” in this new world.
Each paradigmatic shift in the workspace has always been accompanied with a restive period in human history. In the early 19th century, as the first Industrial Revolution took root in the UK, and mechanisation came to replace the predominantly agrarian economy, a group of workers took to violent protests smashing machines that deprived them of their livelihood. Called the ‘Luddites’, they gave anti-mechanisation an identity that transcended centuries and came to be associated even with the likes of Ted Kaczynski, a Harvard math prodigy who parcelled 16 bombs to universities and airlines to halt the relentless march of technology in the 1970s and ’80s.
“Technology will actually democratize opportunity. When the new 5G network is implemented and the next billion goes online, opportunity will be in the hands of everyone with a good idea. It’ll be the age of betapreneurs, entrepreneurs who, enabled by technology, can rapidly test and scale ideas, and bring them to market.” What does it mean to “democratize opportunity”?
“Data detective/data broker ” is listed as the top “new job”. What are you doing to improve your data skills?
Never has the notion of swimming outside one’s lane been so exciting.
Accenture, the spawn of Arthur Andersen turned consultant turned marketing guru, is buying Droga5, a buzzy advertising agency. Odd fit? Maybe. But consultants increasingly have been veering into the business of marketing. Clients that need IT strategies need marketing strategies that happen to be IT strategies these days.
Samsung is feeling the chill from cooling global demand for smartphones.The South Korean technology giant said Friday that it expects operating profit for the first quarter to plunge by 60% compared to the same period year ago.Samsung (SSNLF) warned last week that its earnings would be hit by slowing demand for memory chips and display panels, a sign that device makers and their suppliers are coming under pressure.The company estimated Friday that operating profit for the first three months of 2019 will total 6.2 trillion Korean won ($5.4 billion), lower than analysts’ already downbeat expectations.
Discussion 1) What do you think is behind the “cooling demand for smartphones”? 2) What influences your decision to purchase a new smartphone, and how has that decision making process changed over the last 3 years?
South Korea was long expected to be first with 5G. It is a technological powerhouse with ultra-fast broadband, home to giant firms such as Samsung and a government that sees leading the world in connectivity as a matter of national pride.
Three networks were due to launch commercial 5G services on Friday when news emerged that an American operator was trying to steal their thunder.
With quite a fanfare, Verizon launched its service on Wednesday in very limited areas of Chicago and Minneapolis.
So the South Korean operators moved their launches forward to the same day, although it appeared that only a handful of celebrities were able to use it on the first day.
In both South Korea and the US, these are largely symbolic launches because just about nobody has a 5G-enabled mobile phone yet.