The industrial data revolution: What founders got wrong

  • “One place AI has really shined, though, is in content recommendation. It turns out that computers are frighteningly effective at targeting and disseminating content. And oh boy, did we underestimate the incentives and impacts around that aspect of data and AI.
  • As a professor, I’d award it a passing grade, but not an A. There is substantially more data available to us with more uses than we probably ever could have imagined. That’s led to incredible advances in AI and machine learning along with analytics, but on many tasks, we’re still just scratching the surface, while on others we’re reaping the whirlwind. I am fascinated to see what the next 10 to 20 years will bring and look back on these issues again.”

How can we prepare students for the Fourth Industrial Revolution? 5 lessons from innovative schools around the world

  • “16 schools, systems and initiatives around the world are preparing the next generation for the changing world.
  • The most innovative institutions are shaking up the traditional classroom approach.
  • It’s important to provide students with the digital skills necessary for the Fourth Industrial Revolution.

Law must be adapted for the Fourth Industrial Revolution

  • “The legal challenges imposed by the Fourth Industrial Revolution are both new and greater.
  • Data has now become a valuable business asset which fosters innovation
  • In certain respects, data can be compared to the new oil, with the “datafication” of every aspect of human social, political, and economic activity.
  • Already, a court in Cleveland in the United States is using an artificial intelligence tool for sentencing.
  • There is also the need to develop leaders with the skillset to manage organizations in the context of these changes.
  • It is also important that governments and the legal system are not left behind in regulating the new fields, as this would lead to a shift of power towards technology and its owners”

Image credit: Getty

Everything you need to know about the Fourth Industrial Revolution

“The Fourth Industrial Revolution will take center stage at the World Economic Forum’s (WEF) annual meeting next week in Davos, Switzerland.

Simply put, the Fourth Industrial Revolution refers to how technologies like artificial intelligence, autonomous vehicles and the internet of things are merging with humans’ physical lives. Think of voice-activated assistants, facial ID recognition or digital health-care sensors.

It took 75 years for 100 million people to get access to the telephone; the gaming app “Pokemon Go” hooked that many users in less than one month in 2016.”

President Alvi urges youth to get prepared for 4th industrial revolution

“President of Pakistan, Arif Alvi has urged the local youth to get itself well prepared for the 4th industrial revolution that is fast taking the world by storm and would be the key to virtual existence.

Addressing an estimated number of 5000 candidates appearing for entrance to the Presidential Initiative on Artificial Intelligence and Computing here on Sunday, he said each and every nation/country has to be part of the game that has begun in form of artificial intelligence, data computing and information technology.”