MIT-IBM Watson AI Lab Releases Groundbreaking Research on AI and the Future of Work - Liwaiwai

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IBM believes 100% of jobs will eventually change due to artificial intelligence, and new empirical research released last October 30 from the MIT-IBM Watson AI Lab reveals how. The research, The Future of Work: How New Technologies Are Transforming Tasks, used advanced machine learning techniques to analyze 170 million online job postings in the United States between 2010 and 2017. It shows, in the early stages of AI adoption, how tasks of individual jobs are transforming and the impact on employment and wages. "As new technologies continue to scale within businesses and across industries, it is our responsibility as innovators to understand not only the business process implications, but also the societal impact," said Martin Fleming, vice president and chief economist of IBM. "To that end, this empirical research from the MIT-IBM Watson AI Lab sheds new light on how tasks are reorganizing between people and machines as a result of AI and new technologies."


Impact of AI on Work - Jobs Are Changing, MIT-IBM Watson AI Lab Says

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IBM has always believed that 100% of jobs will ultimately change due to the impact of AI. Recent empirical research conducted by the MIT-IBM Watson AI Lab provides insights into the prediction and explains how it's going to happen. The joint research by Massachusetts Institute of Technology and IBM scrutinized the probable applications of Machine Learning in 170 million online job postings between 2010 and 2017 and came up with a report "The Future of Work: How New Technologies Are Transforming Tasks." The research examined the impact of Artificial Intelligence on employment and inferred that the result will be a significant decrease in the number of tasks. It additionally stated that work that would require "soft skills" would be given more focus on.


AI will not be job killer - IBM research

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AI and machine learning are already changing the way that businesses operate. In the financial services sector, the technology is being used in everything from customer service to credit decisioning to fighting fraud. Earlier this year research from IHS Markit warned that banks piling into AI could spell tens of millions of job losses but the new IBM report suggests this is mistaken. The MIT-IBM Watson AI Lab used machine learning to analyse 170 million online job postings in the US between 2010 and 2017, finding that task are shifting between people and machines - but the change is slow. The overall demand for tasks that make up occupations are down between 2010 and 2017.


AI May Not Kill Your Job--Just Change It

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Martin Fleming doesn't think robots are coming to take your jobs. The chief economist at IBM, Fleming says those worries aren't backed up by the data. "It's really nonsense," he says. A new paper from MIT and IBM's Watson AI Lab shows that for most of us, the automation revolution probably won't mean physical robots replacing human workers. Instead, it will come from algorithms.


AI May Not Kill Your Job--Just Change It

#artificialintelligence

Martin Fleming doesn't think robots are coming to take your jobs. The chief economist at IBM, Fleming says those worries aren't backed up by the data. "It's really nonsense," he says. A new paper from MIT and IBM's Watson AI Lab shows that for most of us, the automation revolution probably won't mean physical robots replacing human workers. Instead, it will come from algorithms.