Future – Page 4 – Impact Lab

Banking’s worst nightmare is here

January 22, 2019

We’ve seen enough. We’re going BIG on the death of big banking.

If you’ve ever had to spend time at a bank opening a simple checking account, or even worse—closing a bank account—you won’t be surprised to hear that Americans are abandoning traditional branch banking by the millions.

Even bank executives concede the massive shift in their business.

Deloitte reports that 3 out of 4 banking executives agree that their work is going to drastically change over the next 3-5 years due to digital business trends.

But even they aren’t prepared for what’s coming…

Continue reading… “Banking’s worst nightmare is here”

Aviation, Engineering, Future, Inventions

The 10 most intriguing inventions of 2018

December 29, 2018

From programmable pills to power-generating boots, here are some of the most unusual technological innovations we covered this year.

We are all about emerging technologies here at Tech Review—including those that might never make it past the “emerging” stage. Here are some of the more recondite inventions we have covered this year, many of them plumbed from the arXiv, the pre-publication academic paper database.

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2019 Predictions, 3D Printer, Artificial Intelligence, Future, Science & Technology News

Deloitte’s 9 tech predictions for 2019

December 20, 2018

Everybody makes a list of 2019 predictions, but the folks at Deloitte have numbers behind theirs. As one of the world’s biggest accounting and financial services firms, Deloitte is able to confidently predict that, for example, the smart speaker market will generate $7 billion in revenues in 2019.

Below is Deloitte’s 18th annual list of predictions for your enjoyment.

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DaVinci Institute, Employment, Future, Futurist, Science & Technology News, Tom Frey

Reskilling future workers: who’s responsible?

December 19, 2018

Rapid technological change, with its impact on jobs, requires a constantly renewed workforce through retraining.

From switchboard operator to film projectionist, three industrial revolutions down and we’ve already seen many jobs wiped from the face of the Earth. Emerging technology is rapidly dispensing P45s, pink slips or termination letters to the next round of workers. More than half the global labour force will need to start reskilling and reinventing how they earn a living in the next five years, according to the World Economic Forum. Millions of roles will be lost, equally many more will be created.

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AI, Artificial Intelligence, Big Problems, Future, Science & Technology News

Get ready. 2019 predictions about Artificial Intelligence that will make your head spin

December 16, 2018

Instead of breaking systems with ransomware, adversaries will leverage new tools to conduct harmful assaults on targeted subjects and organizations.

A staff member stands near a computer as it participates in the CHAIN Cup at the China National Convention Center in Beijing. A computer running artificial intelligence software defeated two teams of human doctors in accurately recognizing maladies in magnetic resonance images on Saturday, in a contest that was billed as the world’s first competition in neuroimaging between AI and human experts. (AP Photo/Mark Schiefelbein)ASSOCIATED PRESS

While the hip, ubiquitous business buzzwords are cryptocurrency and blockchain, the truly formidable factor of what is being called the fourth industrial revolution is Artificial Intelligence. Whether praised as a panacea for greater business efficiency or the feared as the demise of humanity, Artificial Intelligence is upon us and will impact business and society at large in ways that we can only begin to imagine. Fasten your seatbelts. Here’s what a few influencers in the arena say is on tap for 2019.

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Analysis, Future, New Viewpoints, Science & Technology News

This is what the world might look like in 100 years

December 10, 2018

Samsung commissioned these predictions in the SmartThings Future Livings Report.

Via Futurism

Future, Futurist, IBM

IBM Predictions: Life in 2022

December 9, 2018

Here are a few of IBM’s predictions about what life will look like in 2022.

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City Planning, Economy, Engineering, Future

The future of cities

November 15, 2018

Cities may occupy just 2 per cent of the earth’s land surface, but they are home to more than half of the world’s population and generate 80 per cent of all economic output. And their dominance is growing: by 2045, an extra 2 billion people will live in urban areas.

At Pictet, we think it will put pressure on infrastructure, resources and the environment.

Encouragingly, those responsible for planning and building the urban centres of the future are up to the challenge. Worldwide, authorities are working ever more closely with the private sector in an effort to make our cities safer, more sustainable and better connected.

That’s good news for the planet.

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Children, Education, Employment, Future, Science & Technology News

These are the skills that your kids will need for the future (Hint: It’s not coding)

October 21, 2018

The jobs of the future will involve humans collaborating with other humans to design work for machines, and value will shift from cognitive to social skills.

An education is supposed to prepare you for the future. Traditionally, that meant learning certain facts and skills, like when Columbus discovered America or how to do multiplication and long division. Today, curriculums have shifted to focus on a more global and digital world, like cultural history, basic computer skills, and writing code.

Yet the challenges that our kids will face will be much different from those we faced growing up and many of the things a typical student learns in school today will no longer be relevant by the time he or she graduates college. In fact, a study at the University of Oxford found that 47 percent of today’s jobs will be eliminated over the next 20 years.

Continue reading… “These are the skills that your kids will need for the future (Hint: It’s not coding)”

AI, Artificial Intelligence, Future, Robots

When will we have Artificial Intelligence as smart as a human? Here’s what experts think

September 30, 2018

Robots in the movies can think creatively, continue learning over time, and maybe even pass for conscious. Why don’t we have that yet?

“Star Wars,” “Her,” and “iRobot.” What do all these movies have in common? The artificial intelligence (AI) depicted in there is crazy-sophisticated. These robots can think creatively, continue learning over time, and maybe even pass for conscious.

Real-life artificial intelligence experts have a name for AI that can do this — it’s Artificial General Intelligence (AGI). For decades, scientists have tried all sorts of approaches to create AGI, using techniques such as reinforcement learning and machine learning. No approach has proven to be much better than any other, at least not yet.

Indeed, there’s a catch here: despite all the excitement, we have no idea how to build AGI.

Continue reading… “When will we have Artificial Intelligence as smart as a human? Here’s what experts think”

AI, Artificial Intelligence, Big Problems, Computer Security, Future

8 predictions for the near-future of artificial intelligence

September 28, 2018

An artificial Intelligence project utilizing a humanoid robot from French company Aldebaran and reprogramed for their specific campus makes its debut as an assistant for students attending Palomar College in San Marcos, California, U.S. October 10, 2017. REUTERS/Mike Blake

No one disputes the potential impact AI will have across a wide range of business sectors.

At this year’s Annual Meeting of the New Champions (AMNC) in Tianjin, China, PwC unveiled a report detailing eight significant predictions for the future of artificial intelligence (AI), called 2018 AI Predictions – 8 insights to shape business strategy. No one disputes the potential impact AI will have across a wide range of business sectors, and PwC has drawn on its own research and experience to lay out what it believes the short-term future holds for this exciting and sometimes anxiety-raising technology.

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Business, Employment, Future, Science & Technology News

World Economic Forum- The future of jobs

September 27, 2018

Key Findings

As technological breakthroughs rapidly shift the frontier between the work tasks performed by humans and those performed by machines and algorithms, global labour markets are undergoing major transformations. These transformations, if managed wisely, could lead to a new age of good work, good jobs and improved quality of life for all, but if managed poorly, pose the risk of widening skills gaps, greater inequality and broader polarization.

As the Fourth Industrial Revolution unfolds, companies are seeking to harness new and emerging technologies to reach higher levels of efficiency of production and consumption, expand into new markets, and compete on new products for a global consumer base composed increasingly of digital natives. Yet in order to harness the transformative potential of the Fourth Industrial Revolution, business leaders across all industries and regions will increasingly be called upon to formulate a comprehensive workforce strategy ready to meet the challenges of this new era of accelerating change and innovation.

NOTE: Read Futurist Thomas Frey’s column on “Future of Work: The New Age of Employment” here.

Continue reading… “World Economic Forum- The future of jobs”