The Economist (April 21)
“Humans have had a good run. But with the most recent breakthrough in robotics, it is clear that their time as masters of planet Earth has come to an end.” Such statements remain unlikely and “furniture-assembly helps explain why.” Researchers in Singapore were able to get two robots to assemble an Ikea flat pack, but it was a long, painstaking exercise. Robots and AI continue to struggle in the real world. “It seems to be a fundamental truth: physical dexterity is computationally harder than playing Go.”
Tags: AI, Breakthrough, Dexterity, Earth, Flat pack, Humans, Ikea, Real world, Robotics, Singapore
Newsweek (February 16)
“We’re on the cusp of a fourth industrial revolution. First came the steam trains, followed by electricity and after that, information technology—each transforming our working practices and automating jobs previously performed by humans. These days of course, it is robotics, artificial intelligence and machine learning driving the change.” Not only are these being employed to complete routine tasks, “but they are increasingly capable of accomplishing tasks requiring cognitive abilities.”
Tags: AI, Cognitive abilities, Electricity, Industrial Revolution, IT, Jobs, Machine learning, Robotics, Steam trains
The Economist (January 14)
“When education fails to keep pace with technology, the result is inequality. Without the skills to stay useful as innovations arrive, workers suffer—and if enough of them fall behind, society starts to fall apart.” Robotics and artificial intelligence now emerging “call for another education revolution.” But to succeed, the offerings will need to be lifelong and attract those who aren’t already considered high achievers.
Tags: AI, Education, High achievers, Inequality, Innovation, Lifelong, Pace, Robotics, Skills, Society, Technology, Useful, Workers
Institutional Investor (June 1)
Nearly a decade after the financial crisis, financial institutions still face challenges. However, the “savvy” ones are simplifying their structures and realizing efficiency gains. “For the past nine years, investments have poured into regulatory compliance and reporting initiatives. The rapid development of disruptive technologies such as robotics and artificial intelligence is helping firms automate many of those processes and redirect their energy toward growth activities. Big data, analytics and digital technology shed light on what they do best—and most profitably—and enhance the customer experience.”
Tags: AI, Analytics, Big Data, Challenges, Customers, Digital technology, Disruptive technologies, Efficiency, Energy, Financial Crisis, Growth, Investments, Profit, Regulatory compliance, Reporting, Robotics, Savvy
