Sethi describes a cognitive analytics application in a health care setting: Imagine you walk into the emergency room with red eyes and a fever. Cognitive systems in a triage room can analyze your vitals, correlate them with your medical and travel histories, and predict with accuracy whether you have the common flu, the Zika virus or some other illness. As this health care example illustrates, cognitive technologies are able to understand the world around us, read signs and understand what's happening – but in a highly focused context to complete a narrow but important task. "The goal of many cognitive systems is to provide assistance to humans without human assistance," says Schabenberger. "But it is important to think about who is being assisted by automated systems." In the health care example above, the doctor and nurse are being assisted as much as the patient.
NEW DELHI: Software jobs are still pretty lucrative: Only that robotics, artificial intelligence and Big Data now rake in the money, while mature application services sink fast in the pronounced migration of value toward emerging technologies. Initially built around cost benefits and an improving telecom infrastructure that would allow Indians to follow the US workday, technology is now battling a sweeping wave of de-globalization and automation: Emerging technologies where talent is scarce will likely be the winners when valuemigration is complete, according to hiring and compensation data. At least five search firms and HR heads at technology companies told ET that the demand for professionals with expertise in robotics, machine learning, artificial learning and data science has increased by up to 50% over the last year. Hirings at the top end of the technology spectrum will replace jobs that are repetitive in structure and content, creating a recruitment market premised largely on emerging technologies. "While low-skilled jobs will drop by 30%, automation is expected to increase the middle-skilled jobs by 8% and high-skilled recruitments will rise by 56%," said Debashis Patnaik, senior director, human resources, Dell EMC.
As someone who watches technology trends closely as part of my business, I have been thinking about the future impact of all the technology innovations and automation we are currently experiencing and on the cusp of achieving. Many of the headlines I read about these trends -- and even some I write -- predict some pretty negative consequences right along with the monumental achievements and improvements. While improvements in machine learning, artificial intelligence, big data, and robot automation could mean huge advances in medicine, science, commerce and human understanding, it's also undeniable that there will be consequences as well. These technological advances represent a significant challenge to capitalism. Together, they are poised to potentially create jobless growth and the paradox of an exponentially growing number of products, manufactured more and more efficiently, but with rising unemployment and underemployment, falling real wages and stagnant living standards.
Data Analysis 2.2 Analysis of Technology Trends 2.2.1 Text Mining 2.2.2 Data Mining 2.2.3 Relative R&D Intensity 2.2.4 Results of Patent Index Analysis 3.Outlook for the AI Application Market 4.Tracking and Observing Highlights 4.1US Companies Should be Watched Closely as They Enjoy Absolute Advantage in AI 4.2 Autonomous Robots & Intelligent Virtual Assistants to Have Great Growth Potential Appendix Glossary of Terms List of Companies
This week, in Geneva, Indian diplomats are closely monitoring an international expert review of the legal implications of the so-called "lethal autonomous weapons". These weapons will have the capability of selecting and engaging targets on their own. Although fully autonomous weapons are yet to register significant presence in the arsenal of any nation, many consider their development and deployment inevitable in the coming years. Rapid advances in robotics, machine-learning and big-data analytics are at once driving the so-called "fourth industrial revolution" and the transformation of modern warfare. How the leading powers mobilise and deploy these technologies will shape the balance of economic and military power among them in the coming decades.