1Mby1M Udemy Courses with Sramana Mitra: Domain Knowledge

At 1Mby1M, we believe in learning from case studies of successful entrepreneurs. These case studies involve discussions on opportunities and challenges specific to the domain such as Generative AI, E-Commerce, Digital Health, Cyber Security, and FinTech. 

Must-read Posts on Artificial Intelligence

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.
>>>

Featured Videos

Billion Dollar Unicorns: iCarbonX Wants to Create a Digital You

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.

>>>

Future of Artificial Intelligence: The Triumph of Communism?

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.
>>>

Future of Artificial Intelligence: Demonetization

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.

>>>

Future of Artificial Intelligence: All Play, No Work Society

My earlier post, Future of Work: Utopia or Dystopia? expresses concern about a jobless world. A recent The Atlantic article asks: Would a Work-free World Be So Bad?

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.

>>>

Billion Dollar Unicorns: Cylance Uses Machine Learning as Cyber Security Tool

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.

>>>

Artificial Intelligence: Just Because We Can, Does It Mean That We Should?

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.
>>>

Thought Leaders in Artificial Intelligence: Adgorithms CEO Or Shani (Part 1)

I believe, over time, the entire profession of media buying will be obliterated. Algorithms will do all the work. This is one of the sectors most vulnerable to be entirely automated by AI. Or Shani speaks on the theme and provides a great example of what is already happening.

Sramana Mitra: Let’s start by introducing our audience to yourself as well as your company. Tell us a bit about both.

Or Shani: I started off in marketing almost 10 years ago in the lowest position possible. Then I worked my way up and became a data scientist at a number of companies mostly working with big brands across various countries and continents. Everything was already digital at that time. By the time I decided to leave marketing, I was in a VP Marketing position. I was in charge of huge advertising budgets and leading large teams across countries. >>>

Future of Artificial Intelligence: Brexit, Trump and Other Calamities

On Friday, June 24, 2016, the world watched in horror as Britain voted to commit economic suicide as a nation.

On November 8, 2016, America will vote. Will it also commit economic and political suicide?

Increasing inequality is building up great stress in the world economic system. The disenfranchised masses are expressing their anger, including in irrational ways such as the Brexit vote.

The trends are worrisome.
>>>

Future of Work: Utopia or Dystopia?

There’s a lot of discussion in every media outlet right now about the impact of Artificial Intelligence, Machine Learning, Robotics, and over-automation. The Economist has an article titled Basically Flawed, Rethinking the Welfare State:

WORK is one of society’s most important institutions. It is the main mechanism through which spending power is allocated. It provides people with meaning, structure and identity. Yet work is a less generous, and less certain, provider of these benefits than it once was. Since 2000 economic growth across the rich world has failed to generate decent pay increases for most workers. Now there is growing fear of a more fundamental threat to the world of work: the possibility that new technologies, from machine learning to driverless cars, will cause havoc to employment.

There are two schools of thought on the subject, though.
>>>