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Showing posts with the label economy

AI, Robotics, Automation: The Fourth Industrial Revolution Is Here

Originally shared by Wasim Muklashy

AI, Robotics, Automation: The Fourth Industrial Revolution Is Here

"For Chinese guests at Marriott International hotels, the check-in process will soon get easier. The hotel giant announced last summer that it's developing facial recognition systems that will allow guests to check in at a kiosk in less than a minute via a quick scan of their facial features.

Half a world away, fearful of what such technological advances will mean to their future job security, thousands of Marriott workers across the United States voted this fall to authorize their union to strike. In addition to calls for higher wages and better workplace safety, they pushed for procedures to protect them from the looming impact of technological advancement. "You are not going to stop technology. The question is whether workers will be partners in its deployment or bystanders that get run over by it," the union's president told The New York Times.
Indeed, what many are calling "the Fourth Industrial Revolution" is already here, disrupting jobs and labor markets, largely because of the rise and advance of artificial intelligence and robotics..."
https://www.ecnmag.com/news/2019/01/ai-robotics-automation-fourth-industrial-revolution-here

#future = #REALnews #robots #tech #innovation #science #design #singularity #engineering #automation #AI #artificialintelligence #economy #finance #universalbasicincome #basicincome #money #UBI 
https://www.ecnmag.com/news/2019/01/ai-robotics-automation-fourth-industrial-revolution-here

Artificial intelligence is entering the justice system

Originally shared by Wasim Muklashy

Artificial intelligence is entering the justice system

Bad news for crooks: RAVN’s AI speeds up the document-sifting process - and is more accurate than humans...

"The Serious Fraud Office (SFO) had a problem. Its investigation into corruption at Rolls-Royce was inching towards a conclusion, but four years of digging had produced 30 million documents. These needed to be sorted into "privileged" and "non-privileged", a legal requirement that involves paying junior barristers to do months of repetitive paperwork. "We needed a way that was faster," says Ben Denison, chief technology officer at the SFO. So, in January 2016, he started working with RAVN..."

#future = #REALnews #robots #tech #innovation #science #design #singularity #engineering #automation #AI #artificialintelligence #economy #finance #universalbasicincome #basicincome #money #UBI 

Artificial intelligence is entering the justice system | WIRED UK http://www.wired.co.uk/article/ravn-artificial-intelligence-peter-wallqvist
http://www.wired.co.uk/article/ravn-artificial-intelligence-peter-wallqvist

Researcher Points to How We Will Work with AI in the Near Future

Originally shared by Wasim Muklashy

Researcher Points to How We Will Work with AI in the Near Future

"Dr. Michael Harré an artificial  intelligence enthusiast and lecturer in Complex Systems at the University of Sydney, believes living and working with AI will force the world to reassess basic assumptions about our sense of self.

"What will it be like to regularly confront an AI, or a robot with an AI in it, that behaves like a human?"

"What will it be like to regularly confront an AI, or a robot with an AI in it, that behaves like a human?" Harré asks. "The fact that we will be interacting with the appearance of consciousness in things that are clearly not biological will be enough for us to at least unconsciously revise what we think consciousness is."..."

#future = #robots #tech #innovation #science #design #singularity #engineering #automation #AI #artificialintelligence #economy #finance #universalbasicincome #basicincome #money #UBI 

http://www.33rdsquare.com/2017/04/researcher-points-to-how-we-will-work.html

#robotics #economy

#robotics #economy


https://www.washingtonpost.com/news/wonk/wp/2015/11/06/how-robots-will-even-affect-the-jobs-of-people-we-thought-were-immune/

Machines and automation have long been harbingers of job destruction.

Originally shared by Colin Sullender

Machines and automation have long been harbingers of job destruction. The rise of farming technology during the early 20th century shifted workers from the field to the factory and eventually a boom in white-collar jobs. This NPR piece examines how machines have changed industries over time and led to the current service sector growth. 

#Jobs   #Economy   #Graphs   #Sector  
http://www.npr.org/sections/money/2015/05/18/404991483/how-machines-destroy-and-create-jobs-in-4-graphs

#robotics #economy #automation


#robotics   #economy   #automation  

Originally shared by Alex P

the future of farming:)

One more reason why robotics research (and science in general) is amazing. :) Having humans do these automatic exhausting tasks for 8-12 hours a day is a waste of human potential and harmful to human health too, these workers get sun burns, etc.  Computers were slow first, nowadays they are a million times faster.  Imagine how much faster than  human pickers these robots will become!  :)  Maybe 10 times!

What about the jobs lost?  Well, to make robots we need far more than robot designers, we need factories that make parts for robot factories, factories that make materials for robot parts, factories and robots that recycle materials to be used for new robots, etc... you need a whole industry. We need robot maintenance, robot repair, etc - so these will be new jobs.  Hundreds of human made or hand made industries were replaced by automation last 100 years and unemployment is still the same.  :)  The only thing that changed last 100 years is that we work less every week, have higher standard of living, live longer.  As tech advances, robots will do a lot of the work and we will have more time to research other dimensions, meditate, take care of our health, bring world peace. :)  

These robotic farming technologies are transition technologies, in the far future humans will not eat, due to nanobots allowing us to live on energy - as Nikola Tesla predicted - recycling nutrients.  Humans will enjoy longer lives of 7 centuries at least one day too.  In the nearer future powder shakes will all nutrients needed will replace conventional food - but even that is far off.  

That's why it would be nice if instead of so much warfare, we would use our trillions for medicine, science, robotics, etc.   :)

#technology #economy

#technology #economy

Originally shared by Rob Jongschaap

Ten more years of real money? -- ScienceDaily

'We will still be using "real" money for at least the next 5 to 10 years, but financial transactions carried out using mobile electronic devices, such as smart phones and tablet computers, will increasingly become the norm during that time period, according to research published in the International Journal of Electronic Business.'

http://www.sciencedaily.com/releases/2015/04/150421084403.htm
http://www.sciencedaily.com/releases/2015/04/150421084403.htm

#robotics #artificialintelligence #economy #technologicalunemployment


#robotics   #artificialintelligence   #economy   #technologicalunemployment  

Originally shared by David Fuchs

I read the UK report on robotics and automation and job loss again this morning and realized something. The conclusion that 45% of jobs can be automated into nonexistence is off, they do not seem to be taking Moore's law into account in any significant way. The math breaks down this way, 20yrs times 12 months per year div 18 months per doubling (Moore's law). In 20 years computers will have undergone 13 doublings in processing power and will have become 8,192 times as powerful as they are now. 

To put that into perspective, the new NVIDIA Tegra chip does 192 billion instructions per second, in 20 years, for the same cost, you will be able to get a chip that does 1,572,864 billion instructions per second, or a straight up 1,572,864,000,000,000 instructions per second. Or to really put it in perspective, your cellphone will be as smart as you are, and in some cases smarter than you. While that is a bit of an exaggeration, and computing will take several more years to reach that point, it does drive the point home. 

Combine the processing power we will see in twenty years, with software capable of working without human supervision, and the UK reports employment numbers are way off, and look downright optimistic.

http://www.futuretech.ox.ac.uk/sites/futuretech.ox.ac.uk/files/The_Future_of_Employment_OMS_Working_Paper_1.pdf

http://www.fiercecio.com/story/another-study-paints-bleak-jobs-future/2013-11-26

#sciencesunday   #robotics   #automation   #robotoverlords   #employment