After publishing my recent article, Must-read Articles on Artificial Intelligence, in which I’ve shared my thoughts and concerns about AI, some have asked for more.
Here are my in-depth interviews with five (actually six) thought leaders who are deeply engaged in artificial intelligence development today that I hope will provide a good overall perspective on where and how AI is being applied today, where AI stands in 2016:
My deep concerns over the impact that Artificial Intelligence, Machine Learning, Robotics, and over-automation will eventually have on society have led me to write several thought-provoking articles to help raise awareness while course correction is still possible.
Whichever way the future unfolds, we do have some time in hand. The kind of mass scale automation that may eventually come about is still 50-100 years away, most likely. Still, there is a very high probability that massive degrees of automation WILL eventually come about. Huge displacement of workers WILL take place due to such automation. Given that eventuality, are we facing Utopia or Dystopia? My prediction, unfortunately, is the latter.
According to a MarketsandMarkets report published last year, the global healthcare analytics market is projected to grow 26.5% annually over the five year period to be worth $18.7 Billion by 2020. The industry was estimated to be worth $5.8 billion in 2015. North America has the largest market in the Big Data healthcare market due to the Big Data initiatives launched by the federal government to reduce healthcare expenses. China’s recent Billion Dollar Unicorn Club member iCarbonX is also making big waves in the industry.
I have written several pieces already on my deep concerns about the kind of society we’re moving towards in the next 30-50 years as technology-induced changes sweep through society, rendering hundreds of millions of people unemployable.
Future of Work: Utopia or Dystopia?
Future of Artificial Intelligence: Brexit, Trump and Other Calamities
Artificial Intelligence: Just Because We Can, Does It Mean That We Should?
Future of Artificial Intelligence: All Play, No Work Society
Future of Artificial Intelligence: Demonetization
It seems to me that the end game in this thought experiment is the triumph of communism. Let me explain.
As a follow-up to my series of articles on Artificial Intelligence, my friend Som Das sent me an article by Peter Diamandis on demonetization and the “abundance” that will be created with the help of technology.
People are concerned about how AI and robotics are taking jobs and destroying livelihoods… reducing our earning capacity, and subsequently destroying the economy.
People have speculated for centuries about a future without work, and today is no different, with academics, writers, and activists once again warning that technology is replacing human workers. Some imagine that the coming work-free world will be defined by inequality: A few wealthy people will own all the capital, and the masses will struggle in an impoverished wasteland.
According to Gartner, worldwide IT spending is estimated to grow to $2.77 trillion this year. Gartner projects the overall security market to grow 7.8% annually over the next three year period through 2019. Another report by MarketsandMarkets projects the global cyber security market to grow from $106.32 billion in 2015 to $170.21 billion by 2020, translating to an annual growth rate of 10%. Billion Dollar Unicorn player Cylance is making a mark in this high growth market.
As a technologist, Artificial Intelligence fascinates me. It always has, since the beginning of my forays into Computer Science. I did two startups in the nineties, at the heart of which were AI-driven innovations.
The world’s recent embrace of AI, thus, also fascinates me.
Driverless cars are all the rage these days. Uber is chomping at the bit to replace the headache of having to pay anything at all to their drivers, having driven the labor cost down already to the minimum. Drivers still cost them 75% of the fare.
Yes. An entire profession of drivers of trucks, taxis, buses and such are about to get wiped out.