IDC and Forrester issued recently their predictions for artificial intelligence (AI) in 2020 and beyond. While external “market events” may make companies cautious about AI, says Forrester, “courageous ones” will continue to invest and expand the initial “timid” steps they took in 2019.
Continue reading… “Top Artificial Intelligence predictions for 2020 from IDC and Forrester”
While robots upend blue-collar factory work and trucking in the middle of the country, AI and machine learning are poised to deeply alter white-collar jobs in superstar coastal cities.
Why it matters: No one is immune to the shockwave of automation in the workplace.
“AI will be as central to the white-collar office environment as robotics has been to the production economy,” said Mark Muro, senior fellow and policy director of the Metropolitan Policy Program at the Brookings Institution. “They’ll fundamentally change what work is and what humans do. And no one gets a free pass.”
Continue reading… “AI is coming for white-collar workers”
In the AI world, data is the new currency and analytics competency a crucial competitive differentiator across business lines
Cubicle workers. Shipping clerks. Loan processors.
“All gone,” Forrester vice president and principal consultant Huard Smith said in describing the impact of artificial intelligence on various professions by 2030.
Continue reading… “Artificial Intelligence will obliterate these jobs by 2030”
Machine intelligence, also known as artificial intelligence (AI) is going to have both an awesome and an unfortunate impact on our posterity. Let’s explore one possible way AI may impact the future of work, and how it may dramatically change how we train our workforce.
A brand manager needs an advertisement. So, the brand manager sends a brief to the senior art director (in-house or at an agency) and asks for something amazing to be created. On or before the deadline, the brand manager and the art director meet to review the work. The brand manager is presented with three approaches, and after a number of meetings, a number of revisions, and revelations, they agree on a final product.
This is a process that has repeated itself for more than a century, and AI is not going to stop it (today).
Continue reading… “AI won’t take your job, people will”
AI video prediction
AI and machine learning algorithms are becoming increasingly good at predicting next actions in videos. The very best can anticipate fairly accurately where a baseball might travel after it has been pitched, or the appearance of a road miles from a starting position. To this end, a novel approach proposed by researchers at Google, the University of Michigan, and Adobe advances the state of the art with large-scale models that generate high-quality videos from only a few frames. All the more impressive, it does so without relying on techniques like optical flows (the pattern of apparent motion of objects, surfaces, or edges in a scene) or landmarks, as previous methods have.
“In this work, we investigate whether we can achieve high-quality video predictions … by just maximizing the capacity of a standard neural network,” wrote the researchers in a preprint paper describing their work. “To the best of our knowledge, this work is the first to perform a thorough investigation on the effect of capacity increases for video prediction.”
Continue reading… “Researchers tout AI that can predict 25 video frames into the future”
Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial organizations are trying to catch up by incorporating artificial intelligence, blockchain, and other technology to benefit their customers, remain competitive and improve business results. Here are the 7 biggest technology trends that will disrupt banking and financial services in 2020.
Continue reading… “The 7 biggest technology trends to disrupt banking & financial services in 2020”
2020 predictions from IDCGETTY
IDC released today its worldwide IT industry predictions for 2020 in a webcast with Frank Gens, IDC’s senior vice president and chief analyst.
The focus for the 10 predictions for next year and beyond is the rise of the digital economy. By 2023, IDC predicts, over half (52%) of global GDP will be accounted for by digitally transformed enterprises. This digital tipping point heralds the emergence of a new enterprise species, the digital-first enterprise.
To drive digital supremacy, an enterprise must devote half of its budget to supporting digital innovation, establishing a large-scale, high-performing, digital innovation factories and a third-party ecosystem to produce digital products and provide fee-based wholesale digital services to other enterprise. The latter will be an entire new enterprise competency, similar to the management of Amazon’s platform for third-party sellers. IT resources will continue their migration to the cloud (and multi-clouds) and there will be heavy investment in automation and orchestration systems, using artificial intelligence and machine learning.
Continue reading… “Top 10 tech predictions for 2020 from IDC”
The “Father of Artificial Intelligence” Says Singularity Is 30 Years Away
All evidence points to the fact that the singularity is coming (regardless of which futurist you believe).
You’ve probably been told that the singularity is coming. It is that long-awaited point in time — likely, a point in our very near future — when advances in artificial intelligence lead to the creation of a machine (a technological form of life?) smarter than humans.
If Ray Kurzweil is to be believed, the singularity will happen in 2045. If we throw our hats in with Louis Rosenberg, then the day will be arriving a little sooner, likely sometime in 2030. MIT’s Patrick Winston would have you believe that it will likely be a little closer to Kurzweil’s prediction, though he puts the date at 2040, specifically.
Continue reading… ““Father of Artificial Intelligence” Predicts Singularity is 30 Years Away”
MuleSoft has released the report ‘Top 7 Digital Transformation Trends Shaping 2020’ which outlines the most timely digital transformation trends for 2020 and explores their impact across industries.
Digital transformation has become a catchall term for reimagining business in the digital age: it can refer to any process that uses digital technologies to solve for changing business and market requirements.
The top trends, according to Mulesoft are:
The focus of Australia’s cyber diplomacy is expanding to include “grand strategy in technology”, as well as engagement with technology firms and governments.
Rapidly maturing technologies such as 5G, artificial intelligence (AI), and quantum computing will “shift fundamentally the global balance of power”, according to Dr Tobias Feakin, Australia’s Ambassador for Cyber Affairs.
“Those [nations] that really are at the forefront of AI and the way that it works will genuinely be at the forefront of the emerging 21st century economy,” he told the Australian Cybersecurity Conference, or CyberCon, in Melbourne on Wednesday.
Some nations are already positioning themselves to take advantage of these technologies.
Continue reading… “AI to ‘fundamentally shift’ global balance of power”
Entrepreneur Gary Vaynerchuk claims the AI system will connect us to the internet from anywhere and will enable humans to down their phones and merely speak to access any information or make any purchases
WCIT 2019: Voice driven devices will grow claims Vaynerchuk
Gary Vaynerchuk claims that voice driven AI devices will continue to grow in popularity in the next decade. Speaking at WCIT 2019 the businessman says ‘we will have devices in our homes, offices and cars. It will surprise people quite a bit.’
Voice AI systems will be everywhere around us within the next decade, meaning we only have to speak to get what we want, an AI expert has claimed.
Continue reading… “Voice AI systems will be ‘everywhere’ and ‘phones will disappear in 10 years’”
The uptake of artificial intelligence (AI) is expected to create 133 million new jobs globally and “drastically change” the UK job market in the coming years, according to a new report.
The findings come from the Harnessing the Power of AI: The Demand for Future Skills report, produced by global recruitment agency Robert Walters and market analysis company Vacancy Soft.
The report states that around 10.5 million workers will be impacted by the emergence of AI as around 10-30% of jobs in the UK become automated or otherwise change.
However, it also finds that artificial intelligence will create a host of new jobs.
Continue reading… “Artificial intelligence to create 133 million jobs globally: Report”