industrial revolution


The Rise of AI techsocialnetwork

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Arguably, Artificial intelligence or AI debuted at a conference at Dartmouth University in 1956. At the time, there was a lot of optimism. Some people at the conference believed robots and AI machines would be doing the work of humans by the mid-1970s. Of course, that didn't happen -- what happened instead was that funding dried up and a period called "The AI Winter" began. That ostensibly lasted into the 2000s, when IBM's Watson peaked a lot of interest in artificial intelligence again.


What Does Blockchain & The 4th Industrial Revolution Mean for Us?

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The magic wand of blockchain technology has touched our lives in multiple ways over the last decade. It has made cryptocurrency traders out of ordinary investors who would even shy away from the traditional stock markets. It has provided us with an easy way of transferring money across borders, without the interference of banks. On a larger scale, blockchain has provided enterprises with a trustless and tamper-proof apparatus for tracking assets, verifying identity, settling contracts, and so much more. New industries based on asset tokenization and decentralized finance (DeFi) have been created on the strength of blockchain technology.


What Does Blockchain & The 4th Industrial Revolution Mean for Us?

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The magic wand of blockchain technology has touched our lives in multiple ways over the last decade. It has made cryptocurrency traders out of ordinary investors who would even shy away from the traditional stock markets. It has provided us with an easy way of transferring money across borders, without the interference of banks. On a larger scale, blockchain has provided enterprises with a trustless and tamper-proof apparatus for tracking assets, verifying identity, settling contracts, and so much more. New industries based on asset tokenization and decentralized finance (DeFi) have been created on the strength of blockchain technology.


Four Skills Tomorrow's Innovation Workforce Will Need

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The young digerati will lead innovation, but they'll also need to develop business awareness, an entrepreneurial attitude, bottom-line focus, and ethical intelligence. This article is part of an MIT SMR initiative exploring how technology is reshaping the practice of management. Throughout history, new technologies have demanded step shifts in the skills that companies need. Like the First Industrial Revolution's steam-powered factories, the Second Industrial Revolution's mass-production tools and techniques, and the Third Industrial Revolution's internet-based technologies, the Fourth Industrial Revolution -- currently being driven by the convergence of new digital, biological, and physical technologies -- is changing the nature of work as we know it. Now the challenge is to hire and develop the next generation of workers who will use artificial intelligence, robotics, quantum computing, genetic engineering, 3D printing, virtual reality, and the like in their jobs.


Artificial Intelligence: A Competitive Capacity IE Insights

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Is artificial intelligence (AI) a friend or foe? Even today, this debate remains highly polarized among non-scientists. AI's critics can be somewhat alarmist, while its advocates see enormous potential to achieve competitive advances that would otherwise be out of reach. There are two main types of AI. The first is artificial general intelligence (AGI), also known as "strong" AI.


Biggest Technology Trends That Will Revolutionize Telecoms in 2020

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Telecoms have evolved quite well with the times and are likely to continue to do so. The coming years will present the biggest technology trends, and telecoms will have to navigate their benefits and challenges in 2020 and beyond. Whichever side of the tracks a telecommunications business emerges as a result of upcoming technology trends, good or bad, you can be certain that a telco revolution is at hand. From 5G to AI and beyond, telcos will be met with a new world that creates more industries to service. This new world will open doors to markets that once had no need for telecoms, creating many new opportunities.


Innovating With AI: 5 Steps To Soar - dotlah!

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Like the double helix of DNA, innovation and economic productivity are complementary and inextricably linked. Crucial technological developments such as the steam engine and the internet preceded the Industrial Revolutions of the past, and the same might be said of the Fourth Industrial Revolution that is unravelling in the present. Fundamentally, innovation brings new tools to bear for industries to enhance their productivity. In the latest expansion of the toolkit, artificial intelligence (AI) is becoming one of the most sought-after technologies by companies around the world. According to a Gartner report, the number of enterprises actively pursuing AI implementation grew by 270 percent in the last four years.


Artificial Intelligence – What Is Next?

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As we are all quite aware, artificial intelligence has been a topic of many books, comics, movies, and everything, pretty much from the moment the'machine' stepped into place – perhaps correlating with the Industrial revolution. Industrial revolution, on certain plain, may be looked as a beginning of some sort of the term'Artificial Intelligence', but not in today's sense – rather than at a certain'fear' that is present when it comes to machines'taking over' something – may that be workplaces, or the world these days. Of course, Industrial revolution, introduction of automation into the factories did, indeed, made quite a few places redundant, with the machines substituting the manpower but, on the other hand, also opened up a few new – at least when it comes to supporting those very same machines. As human beings we do tend, on a certain level, to fear the change, and the unknown. Unknown, in this case, was potential fear of replacing us with the machines, and leaving us out of the necessary means for existence, as defined today.


World Economic Forum launches toolkit to help corporate boards build AI-first companies

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The value of building data-driven businesses with AI at their core is well known today, and business executives are rushing to implement the technology into their operations and gain a competitive advantage, but it's not as simple as creating a data lake and crafting AI models. A large number of AI companies attempting to implement more AI models or build AI-first businesses have experienced challenges. A December 2018 PwC survey found that only 4% of businesses have successfully implemented AI. That's why today the World Economic Forum released the AI toolkit for Boards of Directors. The AI toolkit for Boards of Directors is being released ahead of the annual WEF meeting in Davos, Switzerland where the toolkit will be formally debuted next week.


Technology Revolutions Should Enable Ten Times the Production of the Prior Generation – NextBigFuture.com

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There is a definition of a Fourth Industrial Revolution (4IR) as the age of digitalization. This is making smart cities, vastly improved factories and a lot of automation of tasks and services in our homes and at work. Industry 4.0 enables real-time data gathering, analysis, and decision- and prediction-making capabilities. Nextbigfuture would indicate that this 4IR is just an extension of the third industrial revolution of computers and robotic automation. The adoption levels of computers and robots are too low and the impact on factory and production levels has not reached the level of improvements reached by the Ford factories and oil machinery over the steam age.