It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
AI is only good for the capitalists AI is only good for the capitalists
FAQ Members List Calendar Search Today's Posts Mark Forums Read


AI is only good for the capitalists
Reply
 
Thread Tools
Old 9th April 2019, 08:13   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,095
Stefan Mileschin Freshly Registered
Default AI is only good for the capitalists

The workers are still doomed

Futurist Gary Grossman has warned AI "may be the fastest paradigm shift in the history of technology may not create as many jobs as its displaces.

Writing in Information Week, Grossman said that the unexplored danger of IT is that this technology shift is different, that we are not just automating labour but also cognition and many fewer people will be needed by industry.

KPMG claims more than half of business executives plan to implement some form of AI within the next 12 months.

KPMG is expecting intelligent automation to significantly impact 10 to 50 percent of their employees in the next two years. A Citigroup executive told Bloomberg that better AI could reduce headcount at the bank by 30 percent.

In the face of all this change, many companies explicitly state that AI will eliminate some dull and repetitive jobs and make it possible for people to do higher-order work.

However, most displaced call centre workers don't become Java programmers.

Grossman said It is not only low-skilled jobs that are at risk. Gartner analysts recently reported that AI would eliminate 80 per cent of project management tasks.

A New York Times article noted that while many company executives pay public lip service to "human-centered AI" and the need to provide a safety net for those who lose their jobs, they privately talk about racing to automate their workforces "to stay ahead of the competition, with little regard for the impact on workers." The article also cites a Deloitte survey from 2017 that found 53 percent of companies had already started to use machines to perform tasks previously done by humans. The figure is expected to climb to 72 percent by next year... The net of this dynamic is that workers are not a significant factor in the economic calculus of the business drive to adopt AI, despite so many public statements to the contrary.

https://fudzilla.com/news/ai/48463-a...he-capitalists
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Galaxy Tab S3 is good, but not $600 good Stefan Mileschin WebNews 0 23rd March 2017 17:31
Good design, good overclock, good pipe-The MSI P35 Neo2-FR overview windwithme Hardware Overclocking and Case Modding 2 9th October 2007 06:29
A few good G-Man jmke WebNews 0 15th July 2005 00:10
good fancontroller? kr15t0f General Madness - System Building Advice 4 14th January 2005 14:38
Lapping a P4 IHS: any good? jmke Articles & Howto's 52 21st November 2004 16:12
Is this good ? 187(V)URD@ Hardware Overclocking and Case Modding 2 10th June 2004 17:50
Good Sd-ram :-) koensa Mad Bargains 1 26th March 2003 21:39
did i do it good? koensa Site & Forum Feedback - Folding@Home 2 15th February 2003 17:16
looks good? Pirre Hardware Overclocking and Case Modding 0 6th June 2002 21:13

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 16:08.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO