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Category: business – Page 290

Again, I see too many gaps that will need to be address before AI can eliminate 70% of today’s jobs. Below, are the top 5 gaps that I have seen so far with AI in taking over many government, business, and corporate positions.

1) Emotion/ Empathy Gap — AI has not been designed with the sophistication to provide personable care such as you see with caregivers, medical specialists, etc.
2) Demographic Gap — until we have a more broader mix of the population engaged in AI’s design & development; AI will not meet the needs for critical mass adoption; only a subset of the population will find will connection in serving most of their needs.
3) Ehtics & Morale Code Gap — AI still cannot understand at a full cognitive level ethics & empathy to a degree that is required.
4) Trust and Compliance Gap — companies need to feel that their IP & privacy is protected; until this is corrected, AI will not be able to replace an entire back office and front office set of operations.
5) Security & Safety Gap — More safeguards are needed around AI to deal with hackers to ensure that information managed by AI is safe as well as ensure public saftey from any AI that becomes disruptive or hijacked to cause injury or worse to the public

Until these gaps are addressed; it will be very hard to eliminate many of today’s government, office/ business positions. The greater job loss will be in the lower skill areas like standard landscaping, some housekeeping, some less personable store clerk, some help desk/ call center operations, and some lite admin admin roles.

The U.S. economy added 2.7 million jobs in 2015, capping the best two-year stretch of employment growth since the late ‘90’s, pushing the unemployment rate down to five percent.

Continue reading “Yes, robots will steal our jobs — but don’t worry, we’ll get new ones” | >

When governments value people they find creative ways of making people even more valuable in their local economies and communities. In turn, people return the compliment by contributing to the building of stronger local economies.

When governments do not value people they inadvertently create systems that stifle inventiveness and trap people in cycles of state dependency and long-term unemployment.

The Servicemen’s Readjustment Act of 1944, known informally as the G.I. Bill, is widely (across all political spectrums; around the world) considered one of the most successful pieces of legislation ever passed. It made provisions that effectively created ‘bonds’ to enable low-cost mortgages, low-interest business start-up loans, cash payments for educational return at all entry points, as well as one year of unemployment benefit for returning servicemen. Canada saw similar results for its programs of support for Second World War veterans. Few would argue that this investment in the human capital of service men and women in turn contributed enormously to the overall wealth of both nations to this day.

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I have worked in both tech and in Wall Street firms. One thing about Wall Street (WS) is that WS knows legal & compliance, trading, and financials better than just about anyone. And, tech is an industry can do innovation better than just about anyone as well as build world class businesses from the ground up. So, it will be interesting to see how these 2 titan industries play out.

Banks race to beat the patent trolls—and Silicon Valley.

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Machine operating as machine yes; machine trying to operate like a human not even close.

Meanwhile, Ocado is continuing to carve out some cutting edge inventions that are set to transform the logistics and communications sectors. Ocado’s director of technology Paul Clarke gave us an inside look into the tech side of the business and hinted at what’s in store for the future.

Paul Clarke1
OcadoOcado’s director of technology, Paul Clarke.

Business Insider: Ocado recently launched the wireless technology that fits into the wider Ocado Smart Platform [OSP: Ocado’s e-commerce fulfillment and logistics cloud platform.] It seems like a rather simple and efficient idea but how long does it take to bring a concept like this into reality?

Continue reading “Ocado’s tech chief gave us an inside look into how it plans to revolutionise the world with automation and robots” | >

As much as the title states India isn’t ready for AI; much of the world isn’t fully ready either. Very few businesses are planning and prepping for an AI transformation or introduction into their businesses or companies; many schools still require newer methods (if not a program/ set of courses) to teach AI; many financial structures like insurance for business using AI capabilities such as robots that will interact regularly with the public are not widely available for businesses; etc. Lots of planning and work remains even across the US for AI adoption to truly be appreciated by the masses.

India still not ready for Artificial Intelligence (Tech Feature) — New Delhi, Feb 10 : At a time when the global technology giants are set to leverage the benefits of Artificial Intelligence (AI) for your daily lives — from taking care of businesses to fulfilling your personal needs — India seems to be reluctant to get on to this bus.

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RLOL — headline alone is priceless. However, who does get blame? And, on what grounds? Negligence in the design of the product or bad product quality? What about improper application of the product because it was designed for a particular set of the population & not for a broader public use. What about the businesses using AI? Wonder what type of insurance & the amount of insurance a business would be will be required to have in place to utilize a robot cook, or robotic nurse, etc. Lots & lots of things that still require planning, restructuring, & budgeting.

Andy Rubin is best known as the creator of Android. But in 2014, he left that all behind to create his own startup called Playground, a company focused on financially backing futuristic ideas that will shape our world—hopefully for the better.

Today, Wired published a deeper look into Andy Rubin’s day-to-day at Playground, and it very well be responsible for the destruction of the human race. Now that Rubin is no longer at Google, he spends most of his time pondering and financially backing the future of artificial intelligence. You know, that technology that keeps some of the world’s greatest minds awake at night?

Continue reading “If Artificial Intelligence Kills Us All, I’m Blaming Android Founder Andy Rubin” | >

When is industry finally going to finally understand that the gap all along has been the lack of women leading NextGen Innovation especially around AI?

Here we go again trying to make AI more enriched. This time it is using a “dashcam” which again is a technique that is like living in a bubble looking at the world; meaning no true human experience or empathy programmed within AI. We must develop AI with an inside-out approach along with the outside-in approach; and not just an outside-in approach. And, it can be done because women understand this piece extremely well and can build AI to include this perspective because of how we interact and see the world.

Former Google exec and Android co-founder Andy Rubin has announced his latest designs for the tech industry — and his plans to take over what he considers the most important technological frontier of the decade: artificial intelligence.

Rubin laid out his latest tech endeavor, in an exclusive with Wired: a mission to more or less monopolize the artificial intelligence (AI) pocket of the market. While Rubin’s newest tech incubator Playground Global is the tech mogul’s gateway toward this endgame, it appears that the godfather of Android is only willing to concretely reveal one facet of his vision: a plan to create a visual traffic map with help from a free device and an unusual business model.

Continue reading “Android Founder Andy Rubin Wants To Monopolize AI With A Dash Cam And Your Data” | >

If Russia, China, etc. upgrades their infrastructure to Quantum before US and it’s does; today’s breaches will not even compare to this scenario.

The push to bring more technology-related businesses to the state has officials hoping for long-term growth over places like Fairfax County, Va., where the federal government has already made substantial technological investment.

After the ceremony, an expert panel discussed some of the opportunities and challenges facing information infrastructure, the importance of collaboration between the public and private sectors, and how to increase consumers’ cybersecurity confidence.

U.S. Secretary of Commerce Penny Pritzker said during the panel that the current standing of federal cybersecurity has vastly improved since she was appointed to the post in 2013 — but there is still a ways to go.

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Danaher’s Instruments of Change — If you feel like your industry that has always been on a slow & stable growth curve is now under greater pressure to change; you’re not alone. Recent indicators are showing with the latest changes in tech and consumers (namely the millennials as the largest consumers today); industries have been shaken up to perform at new levels like never before or companies in those industries will cease to be relevant.

Doing well by doing good is now expected for businesses, and moral leadership is at a premium for CEOs. For today’s companies to maintain their license to operate, they need to take into account a range of elements in their decision making: managing their supply chains, applying new ways of measuring their business performance that include indicators for social as well as commercial returns, and controlling the full life cycle of their products’ usage as well as disposal. This new reality is demonstrated by the launch last September of the Sustainable Development Goals (SDGs), which call on businesses to address sustainability challenges such as poverty, gender equality, and climate change in new and creative ways. The new expectations for business also are at the heart of the Change the World list, launched by Fortune Magazine in August 2015, which is designed to identify and celebrate companies that have made significant progress in addressing major social problems as a part of their core business strategy.

Technology and millennials seem to be driving much of this change. Socially conscious customers and idealistic employees are applauding companies’ ability to do good as part of their profit-making strategy. With social media capable of reaching millions instantly, companies want to be on the right side of capitalism’s power. This is good news for society. Corporate venturing activities are emerging, and companies are increasingly leveraging people, ideas, technology, and business assets to achieve social and environmental priorities together with financial profit. These new venturing strategies are focusing more and more on areas where new partnerships and investments can lead to positive outcomes for all: the shareholders, the workers, the environment, and the local community.

Furthermore, this is especially true in the technology sector. More than 25% of the Change the World companies listed by Fortune are tech companies, and four are in the top ten–Vodafone, Google, Cisco Systems, and Facebook. Facebook’s billionaire co-founder and CEO, Mark Zuckerberg, and his wife have helped propel the technology sector into the spotlight as a shining beacon of how to do good and do well. Zuckerberg and Priscilla Chan pledged on December 1, 2015, to give 99 percent of their fortune to charity. Facebook shares are valued between $40 and $45 billion, which makes this a very large gift. The donations will initially be focused on personalized learning, curing disease, connecting people, and building strong communities.

Continue reading “Technology and Millennials Are Driving Business Strategy and Social Change” | >