The promise and challenge of the age of artificial intelligence

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AI promises considerable economic benefits, even as it disrupts the world of work. These three priorities will help achieve good outcomes. The time may have finally come for artificial intelligence (AI) after periods of hype followed by several "AI winters" over the past 60 years. AI now powers so many real-world applications, ranging from facial recognition to language translators and assistants like Siri and Alexa, that we barely notice it. Along with these consumer applications, companies across sectors are increasingly harnessing AI's power in their operations. Embracing AI promises considerable benefits for businesses and economies through its contributions to productivity growth and innovation. At the same time, AI's impact on work is likely to be profound. Some occupations as well as demand for some skills will decline, while others grow and many change as people work alongside ever-evolving and increasingly capable machines.


AI, automation, and the future of work: Ten things to solve for

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Beyond traditional industrial automation and advanced robots, new generations of more capable autonomous systems are appearing in environments ranging from autonomous vehicles on roads to automated check-outs in grocery stores. Much of this progress has been driven by improvements in systems and components, including mechanics, sensors and software. AI has made especially large strides in recent years, as machine-learning algorithms have become more sophisticated and made use of huge increases in computing power and of the exponential growth in data available to train them. Spectacular breakthroughs are making headlines, many involving beyond-human capabilities in computer vision, natural language processing, and complex games such as Go. These technologies are already generating value in various products and services, and companies across sectors use them in an array of processes to personalize product recommendations, find anomalies in production, identify fraudulent transactions, and more.


What the future of work will mean for jobs, skills, and wages

@machinelearnbot

In an era marked by rapid advances in automation and artificial intelligence, new research assesses the jobs lost and jobs gained under different scenarios through 2030.


10 imperatives for Europe in the age of AI and automation

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Europe, while making progress, is behind the US and China in capturing the opportunities of artificial intelligence and automation. Digitization is everywhere, but adoption is uneven across companies, sectors, and economies, and the leaders are capturing most of the benefits. Accelerating progress in AI and automation now bring further opportunities for users, businesses, and the economy. Europe, while making progress, is behind the United States and China. This briefing looks at how Europe could capture the digital opportunity and, at the same time, prepare for the future of work. Digital technologies have been evolving and disrupting the way we live, work, and organize for years.


10 imperatives for Europe in the age of AI and automation

#artificialintelligence

Europe, while making progress, is behind the US and China in capturing the opportunities of artificial intelligence and automation. Digitization is everywhere, but adoption is uneven across companies, sectors, and economies, and the leaders are capturing most of the benefits. Accelerating progress in AI and automation now bring further opportunities for users, businesses, and the economy. Europe, while making progress, is behind the United States and China. This briefing note was prepared for the European Union Heads of State Tallinn Digital Summit, which brought together heads of state and CEOs to discuss the steps needed to enable people, enterprises, and governments to fully tap into the potential of innovative technologies and digitization. Digital technologies have been evolving and disrupting the way we live, work, and organize for years.