Machines could take 50% of our jobs in the next 30 years, according to scientists. While we can’t predict the future, we can imagine a world without work – one where those who own the tech get rich from it and everyone else ekes out a living, propped up by an increasingly fragile state. Meet Alice, holder of the last recognisable job on Earth, trying to make sense of her role in an automated world.
Read the related article at The Guardian: Automation may mean a post work society
NVIDIA CEO and founder Jensen Huang announces the NVIDIA Isaac robot simulator, which integrates physics in super-real time, realistic graphics and AI to speed development and training for the robotics industry.
Four in five bankers believe AI will “revolutionize” the way in which banks gather information as well as how they interact with their clients, said the Accenture Banking Technology Vision 2017 report, which surveyed more than 600 top bankers and also consulted tech industry experts and academics.
More than three-quarters of respondents to the survey believed that AI would enable more simple user interfaces, which would help banks create a more human-like customer experience.
“The big paradox here is that people think technology will lead to banking becoming more and more automated and less and less personalized, but what we’ve seen coming through here is the view that technology will actually help banking become a lot more personalized,” said Alan McIntyre, head of the Accenture’s banking practice and co-author of the report.
The report also found that, while the number of human interactions in bank branches or over the phone was falling and would continue to do so, the quality and importance of human contact would increase.
"The actual path of a raindrop as it goes down the valley is unpredictable, but the general direction is inevitable," says digital visionary Kevin Kelly -- and technology is much the same, driven by patterns that are surprising but inevitable. Over the next 20 years, he says, our penchant for making things smarter and smarter will have a profound impact on nearly everything we do. Kelly explores three trends in AI we need to understand in order to embrace it and steer its development. "The most popular AI product 20 years from now that everyone uses has not been invented yet," Kelly says. "That means that you're not late."
As artificial intelligence gains currency, leaders at top technology companies including Microsoft and IBM today said there is a need to create "new collar jobs" as innovations would replace some jobs and existing employees would need to be re-trained.
Microsoft CEO Satya Nadella said Artificial Intelligence (AI) is moving on the right ladder and highlighted its importance in reviving the sluggish global GDP growth.
IBM CEO Ginni Rometty said AI will replace some jobs, but most of us will be working with these systems. She called for the need of creating "new collar jobs" by imparting new skills to the existing workforce and hoped countries like India would see many youngsters joining a new data economy.
"We can choose whether AI replaces or augments humanity at work," Nadella said, adding that it is our responsibility to have AI augment human abilities.