Economy


How Artificial Intelligence Enables the Economics of Abundance

#artificialintelligence

Today, the world economy is in a perilous situation. Wage growth is stagnant across all industrial economies. Jobs for less skilled workers are in constant decline and this decline is accelerating. Economic inequality continues to increase. Not only is the economy in a perilous situation, the planet...


Why Financial Sector CIOs Should Get On Top Of Machine Learning - CXOtoday.com

#artificialintelligence

The investment in moving to new technologies has been on the rise. But as the companies are driving their focus into more into bringing advanced technology into their organizations, an alarming fact is that they are leaving key policies behind which is vital to the organizations. The findings of th...


What is the future of work?

#artificialintelligence

A new podcast series from the McKinsey Global Institute explores how technologies like automation, robotics, and artificial intelligence are shaping how we work, where we work, and the skills we need to work. The future of work is one of the hottest topics in 2017, with conflicting information from...


Flipboard on Flipboard

#artificialintelligence

We live in a world where productivity, a key pillar of long-term economic growth, has crumbled. In the United States, Europe, and other advanced economies, productivity growth has slowed so drastically in the past decade that economists debate whether we have entered a new era of stagnation--and thi...


Despite growth run, Abenomics still clouded by uncertainty

The Japan Times

Despite the longest growth run in nearly three decades, Japan's economic outlook remains far from robust as uncertainty abounds over wage growth and business investment. Under Abenomics, Prime Minister Shinzo Abe's program of radical monetary easing, fiscal spending and vows of structural reforms, ...


Robots Don't Deserve Workers' Rights--Yet

WIRED

The economic weather has been clearing. In the United States, unemployment stands at a little more than 4 percent; at long last, wages are growing faster than productivity. Investors expect the Federal Reserve to raise interest rates in order to fight the inflation that accompanies full employment. ...


Artificial Intelligence is better than no intelligence

#artificialintelligence

We hear much about artificial intelligence these days and the threats it might hold for our future (and little about the opportunities). Mass unemployment, artificial consciousness, the very destruction of human civilisation. Scary stuff. However, like the most pernicious threats facing the world; ...


Why is machine learning in finance so hard?

#artificialintelligence

Financial markets have been one of the earliest adopters of machine learning (ML). People have been using ML to spot patterns in the markets since 1980s. Even though ML has had enormous successes in predicting the market outcomes in the past, the recent advances in deep learning haven't helped finan...


The great artificial intelligence challenge

#artificialintelligence

Since Robert Solow, economists know that technical change is the most important force to have driven economic growth in advanced economies. One could argue that this should settle the debate about the effects of artificial intelligence (AI)--it should already be crowned the best invention since elec...


LinkedIn's hottest emerging IT careers: Machine learning, data science and big data

#artificialintelligence

Job growth in the healthcare sector outpaced all other industries for freelancers in the new LinkedIn 2017 U.S. Emerging Jobs Report, and technology chops are increasingly critical to many careers in the future. The social network's research, in fact, found that the 5-year growth for healthcare job...