A robot conducts the Orchestra Filarmonica di Lucca at Teatro Verdi in Pisa, Italy, this September. The ongoing artificial-intelligence revolution will change almost every line of work, creating enormous social and economic opportunities -- and challenges. Some believe that intelligent computers will push humans out of the job market and create a new'useless class'; others maintain that automation will generate a wide range of new human jobs and greater prosperity for all. Almost everybody agrees that we should take action to prevent the worst-case scenarios. The automation revolution is emerging from the confluence of two scientific tidal waves.
Self-driving cars are slated to hit the Big Apple next year. GM-owned Cruise Automation plans to launch an autonomous vehicle (AV) test program in New York City in early 2018, becoming the first company to put self-driving cars on the infamously busy streets of Manhattan. New York's densely trafficked roads and huge number of pedestrians make the city a testing ground filled with "unique challenges" that will be invaluable to train the self-driving system, Cruise CEO Kyle Vogt told the Wall Street Journal. The pilot cars, which will be all-electric Chevy Bolts, will also have to contend with challenging driving situations brought about by East Coast weather conditions, which the company doesn't typically face during its tests in its home state of California. Vogt also said the Cruise will open a research facility somewhere in the city, but didn't share any other details.
Pedro Galveia, Yard and Ship Planner and Port Consultant at Yilport Sotagus in Lisbon explained roughly how automation will break down among the differently sized terminals in a new video. Observations can be made regarding three main areas of terminal automation: the Ship-to-Shore (STS) cranes, the stacking area and the gates. Galveia explains in the video: "For bigger terminals above 4-5 million moves per year, global terminal operators behind them will put pressure to automate the STS cranes. "Terminals with a half-million moves will search for process automation and clean flows in their STS cranes. Read a related paper by Automated Terminal Systems about how efficient handling for mega-ships requires some level of automation.
Do you know what's more dangerous than artificial intelligence? In this article, I will explore natural stupidity in more detail and show how our current technology (driven by narrow artificial intelligence) is making us collectively dumber. We've all had this experience of using a GPS to guide us around an unfamiliar place only to realize later that we have no recollection or ability to get to that place again without the aid of a GPS. Not only is our directional instinct diminish because of lack of use, but so is our own memories. We've all experienced losing our ability to recall due to our over use of Google.
Bot backlash is upon us. On Facebook, where companies once raced to implement time-saving bots, failure rates are reported to have hit 70 percent. Only three in 10 interactions go off without a hitch, according to recent reports. Customers complain that AI-powered bots bumble all but the most basic of queries, give nonsensical responses and waste more time than they save. The irony, of course, is that all this botched customer service is playing out on social media, which not long ago promised to be the antidote to tiresome phone trees and subpar support.
The rise of robots could lead to'unprecedented' change and wipe out over a third of jobs in some areas by the 2030's a new report warns. A'heat map' of Britain shows the areas most at risk of automation, with workers in the ex industrial heartlands of the North and Midlands most likely to lose their jobs. The upheaval tossed up by'supercharged' technological change over the next 15 years could make the industrial revolution pale in comparison, the study says. The report, The impact of AI in UK constituencies, by think-tank Future Advocacy, slams the government for failing to prepare for the rapid change looming. Researchers said the results are'startling' and told ministers to urgently look at new education and training to help the country adapt to the challenge.
The Trump administration might not be worried about robots taking jobs. But the American public sure is. "In terms of artificial intelligence taking over the jobs, I think we're so far away from that that it's not even on my radar screen," Treasury Secretary Steve Mnuchin told an audience in Washington in March. "I think it's 50 or 100 more years." Despite such reassurances, 56 percent of Americans believe that automation destroys more jobs than it creates, according to a new study by Ipsos Public Affairs and the Center for Business Analytics at the University of Virginia.
The endless parade of emerging technology is gaining the attention of large enterprises and startups alike. The Internet of Things, artificial intelligence, machine learning, natural language processing, robotic process automation, and cognitive computing – all of these digital innovations and more are generating a range of disruptive innovation that is bridging gaps of unfulfilled customer demand. Does it make sense to spend limited resources to take advantage of these same technologies? According to the IDC Analyst Connection, "Analytics for SMBs: Sharpen Operations, Capitalize on Business Opportunities," such investments can bring a level of automation, electronic monitoring, and sensor-enabled insight not seen anywhere outside of the SMB segment. While the largest firms are busy refining processes in response to market dynamics, SMBs are close enough to customers and the competitive environment to effectuate change with tremendous speed and agility.
My son has just been given a new toy car. It's small, blue and remarkably cute-looking for something that threatens one day to cost a lot of people their jobs. For what's unusual about this car is that it wasn't made in a distant Chinese factory before being shipped back to a warehouse here, then trucked to a shop, or dumped on a doorstep by an overworked Amazon driver with no time to ring the doorbell. This one came straight off a 3D printer, one of those faintly space age-sounding gizmos that works a bit like a normal printer except that you load it with plastic fibres instead of paper, and then programme it to "print" a solid object according to your preferred design. It's slow and expensive now, which is why the car my son was given isn't really a toy but a marketing gimmick.
About 1,000 staff have been let go from Westpac over the past two years as a result of technological advancements such as automation; however CEO Brian Hartzer sees a silver lining, telling a House of Representatives committee his bank is also witnessing new jobs being created as a result of technology. "It's the case that customers are voting with their feet and with their plastic cards, and they're walking into branches less often to make cash deposits and cash withdrawals. So our branch network size and staffing reflects that," Hartzer told the Standing Committee on Economics on Wednesday. Hartzer conceded there was no question that technology is having an effect on jobs, but called the hype around the topic "overdone". "I personally think the impact of technology will be more about aspects of jobs than about whole jobs.