9 AI trends on our radar

 ai-telescope-on-balcony-crop-9063c0e8adedb0d9c269a4951b6dfaeb

How new developments in automation, machine deception, hardware, and more will shape AI.

Here are key AI trends business leaders and practitioners should watch in the months ahead.

We will start to see technologies enable partial automation of a variety of tasks.

Automation occurs in stages. While full automation might still be a ways off, there are many workflows and tasks that lend themselves to partial automation. In fact, McKinsey estimates that “fewer than 5% of occupations can be entirely automated using current technology. However, about 60% of occupations could have 30% or more of their constituent activities automated.”

We have already seen some interesting products and services that rely on computer vision and speech technologies, and we expect to see even more in 2019. Look for additional improvements in language models and robotics that will result in solutions that target text and physical tasks. Rather than waiting for a complete automation model, competition will drive organizations to implement partial automation solutions—and the success of those partial automation projects will spur further development.

Continue reading… “9 AI trends on our radar”

Chart: The World’s Largest 10 Economies in 2030

 gdp-2030-projections

The Chart of the Week is a weekly Visual Capitalist feature on Fridays.

Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London.

The bank sees developing economies like Indonesia, Turkey, Brazil, and Egypt all moving up the ladder – and by 2030, it estimates that seven of the world’s largest 10 economies by GDP (PPP) will be located in emerging markets.

Continue reading… “Chart: The World’s Largest 10 Economies in 2030”

Banking’s worst nightmare is here

wallstreetsign_large

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”

The 10 most intriguing inventions of 2018

inventions2018

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.

Continue reading… “The 10 most intriguing inventions of 2018”

Deloitte’s 9 tech predictions for 2019

deloitte

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.

Continue reading… “Deloitte’s 9 tech predictions for 2019”

Reskilling future workers: who’s responsible?

B005E24C-3EE6-4576-A353-05F1E37C3AEE

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.

Continue reading… “Reskilling future workers: who’s responsible?”

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

 

https---specials-images.forbesimg.com-dam-imageserve-778126b9a16e4e9eb252d280f97343e3-960x0.jpg?fit=scale

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.

Continue reading… “Get ready. 2019 predictions about Artificial Intelligence that will make your head spin”

The future of cities

pic_the_future_of_cities_main

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.

Continue reading… “The future of cities”

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

IMG_9474

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)”

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.