Lifeboat Foundation

Interesting read mostly about the SV income divide. Bottom line, is that we need technology in many ways to save humanity. I know many are questioning that remark. However, since technology has been existence, many have gained through medical treatments, research, and accessibilities to connect with people like we never did in the past. The future of tech holds great promise as a tool to help researchers and medical teams to eliminate cancer, neurological diseases and disorders, enabling the blind to see and the paralyzed to walk. The good does outweigh the bad.

Editor’s note: Income equality — a hot-button political issue — is not going to improve; technology is about to make things much worse. It will, over the next decade, begin to disrupt almost every industry, wipe out millions of jobs, and make the rich even richer. Even though everyone will be able to live better and healthier lives and benefit from the technology advances, the widening gap will cause greater resentment and create a larger cauldron of dissent. This is something we need to be prepared for, writes former Triangle tech entrepreneur-turned-academic Vivek Wadhwa.

SAN FRANCISCO - There are very few issues that Donald Trump, Bernie Sanders, Ted Cruz, and Hillary Clinton all agree on. One of them is the growing problem of inequality in income and wealth. From the extreme left to the extreme right, everyone is angry about the one percent who have the majority of the wealth. There has always been an income and wealth gap, but the divide between average worker and the very wealthy has not been so great since the Roaring Twenties. This is fueling the rise of both the Tea Party and the socialists.

Continue reading “Vivek Wadhwa: Tech industry must lead smart, civil conversation on inequality” »

“We need to start thinking very seriously—what will humans do when machines can do almost everything?” Vardi said. “We have to redefine the meaning of good life without work.”

And increase inequality.

Robots and artificial intelligence have long posed a threat to humans’ jobs, but a group of scientists on Sunday issued an especially dire warning about the impact of such machines.

Continue reading “Scientists Warn that Robots and Artificial Intelligence Could Eliminate Work” »

The article entitled “Yes Robots Will Steal Our Jobs, But Don’t Worry We’ll Get New Ones” published by Rawstory is a very Interesting Article; however, again, I see too many gaps that will need to be address before AI can eliminate 70% of today’s jobs. Below, are the top 5 gaps that I have seen so far with AI in taking over many government, business, and corporate positions.

1) Emotion/ Empathy Gap — AI has not been designed with the sophistication to provide personable care such as you see with caregivers, medical specialists, etc.

2) Demographic Gap — until we have a more broader mix of the population engaged in AI’s design & development; AI will not meet the needs for critical mass adoption; only a subset of the population will find will connection in serving most of their needs.

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Frankly brainwashing tactics never worked with me. I am not sure what the media is up to; but this is truly become a bit ridiculous. Up until last week; the media and dooms day believers where telling everyone in the next 10 years; most of the jobs would no longer be held by humans. Until me and a few other folks on the web started sharing the facts on why that was not a reality. So, recently, the journalists new story is in 30 years most of the jobs will be taken by robots.

Again, we will settle down from the hype and learn that the reality is people will have jobs because new careers will be created plus some of the corporate and special skilled jobs that we have today have too much access to IP and other private information. And, this type of information most companies will want some level of human oversight managing the information and operations around it. Also, we will see that in order to keep creativity and real innovation moving forward that we will always need humans involved.

Continue reading “Machines could make half of humans unemployed in 30 years” »

I agree; still a lot of work to be done in order for AI to have a huge impact around taking most of the jobs away. Besides, with new technology comes new careers.

India’s finance minister isn’t worried about jobs being lost in the country’s manufacturing sector despite warnings that industrial robots will dramatically reduce the need for factory workers in coming decades.

“I still have faith in human ingenuity, that even when jobs are lost in certain sectors … more jobs will be created because of that increased economic activity in other sectors,” Arun Jaitley told CNN’s Fareed Zakaria on Sunday at the CNN Asia Business Forum in Mumbai.

Continue reading “India’s finance minister isn’t afraid of robots” »

I find this a bit of a stretch. Maybe some jobs; however, not all and there will be (like any new technology, etc.) new career fields created.

“Can the global economy adapt to greater than 50 per cent unemployment? Will those out of work be content to live a life of leisure?” Vardi noted.

“I believe that society needs to confront this question before it is upon us: If machines are capable of doing almost any work humans can do, what will humans do?” he said.

Continue reading “Robots may take over most human jobs by 2045: Expert” »

The pace at which robots and intelligent machines are able to take over the jobs traditionally performed by humans will result in more than half the population being unemployed within 30 years, an expert in computing has predicted.

While some may look forward to a life of leisure, many others face the dismal prospect of long-term unemployment as a result of the rise of smart machines, from self-driving cars and intelligent drones to smart financial-trading machines, said Moshe Vardi, professor of computational engineering at Rice University in Houston, Texas.

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Now, we’re hearing that it will be another 30 years before we see AI take 50% of the positions. Just last week, it was reported that within 10 years we would see 50% of the jobs lost to AI. I do caution folks not to be careful in over promising and under deliver because I believe that learned from that lesson in 1999 — 2001.

Society faces its biggest challenge in finding meaning in a life mostly run by machines, warns Rice University’s Moshe Vardi.

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Why? Why are there so many folks hyping up AI devastation?

I truly caution folks from over hyping things before they hurt a lot of innocent people. Things like Quantum Computing and Internet, CRISPR, microbot technology, etc. could be badly damaged as a result of the over hype of AI and it’s under delivery.

Also, the ongoing changing numbers on when 50% of the jobs are lost or the ongoing shuffle/ changes in the capabilities of the AI story is also creating an environment of distrust which also hurts efforts around Quantum, CRISPR, etc.

Continue reading “Intelligent Robots Threaten Millions of Jobs” »