“Luis argues is that if we can find a better way to structure the system as a whole, then the AI system should be able to reason through problems, even with very limited data. Once we can stop comparing humans to artificial intelligence, Luis believes that we will see great advancements in what AI can…
Tag: jobs
AI Is the Next Workplace Disrupter—and It’s Coming for High-Skilled Jobs
“Although the U.S. has six million fewer factory jobs than it did in the late 1970s, it has 62 million more total jobs, primarily due to the growth of the service sector. The study found holders of bachelor’s degrees are five times as likely to be exposed to some effect of artificial intelligence as those…
Banking 4.0 – How humans will continue to remain indespensible
“Banking 4.0 is defined by four primary characteristics. Firstly, it encourages a transition from product-based operations to service-based roles. Secondly, banking 4.0 will require BFSI companies to adopt a more customer-centric approach to banking. Thirdly, banks that succeed in riding the 4.0 wave will need to embrace a major shift toward digitisation. Last, banking 4.0…
Robots Take Retail
“Walmart is building its robot army as well, and according to this ABI Research release, the company deployed 350 systems for inventory management across its stores in 2019 alone. That’s an average of roughly one robot for each store. By 2025, more than 150,000 mobile robots will be deployed in brick-and-mortar retail establishments, according to…
‘Doomsday’ scenario of mass layoffs due to AI unlikely, federal documents say | The Star
“In a separate briefing, officials were told ahead of summer that 11 per cent of jobs in Canada could be automated over the next 15 to 20 years, and a further 29 per cent are ‘likely to change significantly.’” https://www.google.com/amp/s/www.thestar.com/amp/news/canada/2020/01/01/doomsday-scenario-of-mass-layoffs-due-to-ai-unlikely-federal-documents-say.html