ALIBABA'S JACK MA: 'In the next 30 years, the world will see much more pain than happiness'
Interesting short article.
Thoughts?
ALIBABA'S JACK MA: 'In the next 30 years, the world will see much more pain than happiness'
Interesting short article.
Thoughts?
Scary and I tend to agree, here is why:
I was at a demo 2 weeks ago for my 9-5 with a current data analytics software vendor we use. They partnered with an AI company (artificial intelligence) and wanted to show the beta version of some of the integration. There were about 90 people in the room and you could hear a pin drop while this demo was taking place. The room was full of analysts (Business, Financial etc), engineers and IT personnel from the oil and gas industry. For about 15 minutes the sales rep demoed their AI could do from an analytics stand point and it was truly remarkable and scary. I took it as another sign to get my S*&% together and get a business going. Peoples jaws were on the floor. Here is a synopsis of the demo:
The sales rep showed a map of the US with hundreds of dots that represented oil and gas wells for 1 specific company. He then clicked on a well and a paragraph popped up with details on this well. Appeared to be written by an analyst for his/her manager. Then proceeded to click on another and another. Each one showing a paragraph of complete sentences with valid and understandable data. Then the sales rep said all these paragraphs were 100% written by our AI! No human interaction except that the data tables were mapped but the AI is doing the interpretation. He then proceed to pull out an Amazon Alexa and said Alexa " What was the top performing well for 2016 and what was the YOY production for that well? " Alexa responded with the beautifully crafted answer in 2 seconds! Are you getting the picture, Alexa/AI is already doing the data interpretation NOW in 2017! Why do you need an analyst that will take a week or longer to analyze and present the data at the weekly meeting when Alexa can do it instantly! No HR, benefits, 401K, NO OVERHEAD! The CEO can now have Alexa sitting on his desk whenever he has a question.
BTW this AI company also has its AI writing articles for AP, Yahoo. That is right, some of the news you are reading is generated by a robot. Small percentage now, but only growing. They are seeing 50% less grammatical errors than when a human types it! The company is Natural Language Generation | Automated Insights, Inc. Take a look they generated 1.5 billion pieces of content last year alone!
You are no longer un-informed.
*please disregard the spelling errors a human wrote this on his lunch break.