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AI could replace 3m low-skilled jobs in the UK by 2035, research finds

The Guardian

Highly skilled professionals were forecast to be more in demand in contrast with other recent research. Highly skilled professionals were forecast to be more in demand in contrast with other recent research. Up to 3m low-skilled jobs could disappear in the UK by 2035 because of automation and AI, according to a report by a leading educational research charity. The jobs most at risk are those in occupations such as trades, machine operations and administrative roles, the National Foundation for Educational Research (NFER) said. Highly skilled professionals, on the other hand, were forecast to be more in demand as AI and technological advances increase workloads "at least in the short to medium term".


Automation in Artificial Intelligence and its Effect on Economy

#artificialintelligence

Industrialists and giant companies all over the world are further adapting to the idea of automation in artificial intelligence. In India, technological progress, is the main driver of growth of GDP per capita, allowing output to increase faster than labor and capital. Technology increases productivity by decreasing the number of labor hours needed to create a unit of output. An increment in labor productivity generally translates into increases in average wages, allowing workers to cut back on work hours and to afford more goods and services. AI should be welcomed for its potential economic benefits.


Robots Save Us Time -- But Do They Make Us Happier?

#artificialintelligence

As of 2019, more than 14 million Americans owned a robotic vacuum cleaner. Robotic lawn mowers tend to our yards, robotic suitcases follow us through the airport, and smart cooking machines prepare ingredients and implement entire recipes. Some autonomous products even play with and clean up after our pets. These tools are meant to improve people's lives, relieving them of chores and making them happier as a result -- and while some do this, other's don't. How can business leaders ensure that their companies are developing products that people actually feel good about using?


Deep Learning: Recent Research - Growth Tech News

#artificialintelligence

Deep learning is hot right now. Applications such as voice recognition, facial recognition, language translation, medical diagnostics, self-driving vehicles, and even the detection of credit fraud, are becoming more and more woven into the fabric of modern life. Because of such successes, and the opportunities they open up for further extensions of the technology, deep learning is currently one of the most active fields in computer science research, and progress has been rapid. In this article we'll take a brief look at several of the latest trends in deep learning research. Perhaps the area of deep learning research that has received the most public notice in recent years relates to the advent of driverless cars and trucks.


Fighting counterfeiters through technology

#artificialintelligence

Counterfeiting continues to be a global concern for brands. Indeed, trade in counterfeit and pirated goods has risen steadily in the last few years -- even as overall trade volumes stagnated -- and now stands at 3.3% of global trade, according to a new report by the OECD and the EU's Intellectual Property Office[1]. Brands keep spending a significant amount of money trying to fight counterfeiters but so far it seems to be a losing fight. For several reasons, brands must react. It has been proven that counterfeit consumer goods do destroy a brand reputation, negatively affect consumer confidence or result in claims and damages against manufacturers.


Do People Trust Algorithms More Than Companies Realize?

#artificialintelligence

Since the 1950s, researchers have documented the many types of predictions in which algorithms outperform humans. Algorithms beat doctors and pathologists in predicting the survival of cancer patients, occurrence of heart attacks, and severity of diseases. Algorithms predict recidivism of parolees better than parole boards. And they predict whether a business will go bankrupt better than loan officers. According to anecdotes in a classic book on the accuracy of algorithms, many of these earliest findings were met with skepticism.


Do People Trust Algorithms More Than Companies Realize?

#artificialintelligence

Since the 1950s, researchers have documented the many types of predictions in which algorithms outperform humans. Algorithms beat doctors and pathologists in predicting the survival of cancer patients, occurrence of heart attacks, and severity of diseases. Algorithms predict recidivism of parolees better than parole boards. And they predict whether a business will go bankrupt better than loan officers. According to anecdotes in a classic book on the accuracy of algorithms, many of these earliest findings were met with skepticism.


Do YOU share your Netflix password with friends? New AI set to clamp down on account sharing

Daily Mail - Science & tech

Sharing your Netflix password could soon be much harder to get away with. At CES 2019 in Las Vegas, video software provider Synamedia unveiled a creepy new AI-powered system designed to crack down on account sharing. The firm points to recent research from Magid, which found that roughly 26 percent of millennials give out the credentials for video streaming services to other people. Its new software will be able to analyze which users are logged in and where to quickly flag shared accounts. Sharing your Netflix password could soon be much harder to get away with.


Can Gender Be Computed?

#artificialintelligence

The following essay is reprinted with permission from The Conversation, an online publication covering the latest research. Imagine walking down the street and seeing advertising screens change their content based on how you walk, how you talk, or even the shape of your chest. These screens rely on hidden cameras, microphones and computers to guess if you're male or female. This might sound futuristic, but patrons in a Norwegian pizzeria discovered it's exactly what was happening: Women were seeing ads for salad and men were seeing ads for meat options. The software running a digital advertising board spilled the beans when it crashed and displayed its underlying code.


How the UK can become a leader in artificial intelligence

#artificialintelligence

From the Alan Turing Institute to DeepMind, the UK boasts a rich history and exciting present in machine learning and artificial intelligence research and development, led by academia and industry. According to recent research, AI is the largest commercial opportunity for Britain, projected to add £232 billion to the UK economy by 2030. SMEs and start-ups will play a significant role in grasping this. The segment highlighted by Theresa May during her speech at the World Economic Forum in Davos in January, where she told world leaders that the UK's strong start-up scene will be instrumental in making the UK a world leader in ethical AI. However, start-ups today still need to overcome some significant challenges before reaching their full potential.