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The solution to AI and jobs Is training, not taxes - Cloud computing news

#artificialintelligence

Let's take a breath: robots and artificial intelligence systems are nowhere near displacing the human workforce. Nevertheless, no less a voice than Bill Gates has asserted just the opposite and called for a counterintuitive, preemptive strike on these innovations. His proposed weapon of choice? Taxes on technology to compensate for losses that haven't happened. Taxing this promising field of innovation is not only reactionary and antithetical to progress, it would discourage the development of technologies and systems that can improve everyday life.


Bill Gates Is Wrong: The Solution to AI Taking Jobs Is Training, Not Taxes

#artificialintelligence

Let's take a breath: Robots and artificial intelligence systems are nowhere near displacing the human workforce. Nevertheless, no less a voice than Bill Gates has asserted just the opposite and called for a counterintuitive, preemptive strike on these innovations. His proposed weapon of choice? Taxes on technology to compensate for losses that haven't happened. David Kenny (@davidwkenny) is IBM's senior vice president for Watson and the company's cloud platform.


Bill Gates Is Wrong: The Solution to AI Taking Jobs Is Training, Not Taxes

WIRED

Let's take a breath: Robots and artificial intelligence systems are nowhere near displacing the human workforce. Nevertheless, no less a voice than Bill Gates has asserted just the opposite and called for a counterintuitive, preemptive strike on these innovations. His proposed weapon of choice? Taxes on technology to compensate for losses that haven't happened. David Kenny (@davidwkenny) is IBM's senior vice president for Watson and the company's cloud platform.


IBM CEO Ginni Rometty: AI will change 100 percent of jobs in next decade

#artificialintelligence

IBM's Chair, CEO and President Ginni Rometty has a powerful message for workers and employers in all strata of society: The Fourth Industrial Revolution is underway and it is shaping up to be one of the most significant challenges and opportunities of our lifetime. We are already seeing jobs, policies, industries and entire economies shifting as our digital and physical worlds merge. According to the World Economic Forum, the value of digital transformations in the Fourth Industrial Revolution is estimated at $100 trillion in the next 10 years alone, across all sectors, industries and geographies. "As a result, we face an imminent and profound transformation of the workforce over the next five to 10 years as analytics and artificial intelligence change job roles at companies in all industries," Rometty said while giving a keynote address at the CNBC's At Work Talent & HR: Building the Workforce of the Future Conference in New York on Tuesday, April 2. In February, the executive was appointed to Trump's American Workforce Policy Advisory Board along with 24 other leaders. While only a minority of jobs will disappear, the majority of roles that remain will require people to work with the aid of analytics and some form of AI and this will require skills training on a large scale, Rometty said.


Big Tech's Hot New Talent Incubator: Community College

WSJ.com: WSJD - Technology

Long stigmatized as "junior," community colleges might seem like an unlikely source of talent for major tech companies. Yet, increasingly, some of the biggest tech giants are turning to these two-year schools to find the skilled workers they desperately need. "Community colleges are just absolutely key," in companies' search for new tech talent, says Edward Alden, a senior fellow at the Council on Foreign Relations and author of a recent report on the future of work. Tech companies like Amazon, Google and IBM have all caught on, he adds, and the trend of using community colleges to establish talent pipelines for tech companies large and small is "taking off across the country." Americans are burdened with about $1.4 trillion in student loan debt.