Robots are replacing human manufacturing workers in France, and making companies more productive in the process.
Daron Acemoglu at the Massachusetts Institute of Technology and his colleagues analysed more than 55,000 French manufacturing firms, noting which ones bought robots between 2010 and 2015 and what impacts the purchases had.
Never in history have we seen wealth concentrated (Apple is worth over a trillion dollars). Money and congressional power answers why legislators: let drug companies squeeze dollars from sick people, refuse to stop a president who winks and nods at Putin, at right-wing agitators, who stoke bigotry, or singles out Black, Hispanics, Jews, Muslims, immigrants, asylum seekers and refugees (let’s just lump them together). Fear of others comes from seeds planted early in life. Fear is personal — you don’t feel mine, I don’t feel yours.
But, alas, the future will be like nothing we have experienced. It’s a HUUUGE planet, with decades to come, which, if we lived long enough would from today’s vantage be unrecognizable. What we do know from our lives is that we are but a small part, not only small in terms of our kind or beliefs (political, religious, cultural), but small in influence over the planet’s trajectory (war, maybe atomic, population growth, immigration, climate, economy, racial, ethnic composition, e.g., in the U.S.).
They beat us at chess and trivia, supplant jobs by the thousands, and are about to be let loose on highways and roads as chauffeurs and couriers.
Now, fresh signs of robot supremacy are emerging on Wall Street in the form of machine stock analysts that make more profitable investment choices than humans. At least, that’s the upshot of one of the first studies of the subject, whose preliminary results were released in January.
Buy recommendations peddled by robo-analysts, which supposedly mimic what traditional equity research departments do but faster and at lower costs, outperform those of their flesh-and-blood counterparts over the long run, according to Indiana University professors.
AI starts playing an important role in design. So should designers be worried about it? Will AI-enabled systems take over jobs that require creativity?
According to a new study from Oxford Economics, within the next 11 years there could be 14 million robots put to work in China alone.
Economists analyzed long-term trends around the uptake of automation in the workplace, noting that the number of robots in use worldwide increased threefold over the past two decades to 2.25 million.
While researchers predicted the rise of robots will bring about benefits in terms of productivity and economic growth, they also acknowledged the drawbacks that were expected to arise simultaneously.
Every crisis is an opportunity. With everyone staying home, this is the perfect opportunity for e-commerce, e-learning, online jobs, and big tech to expand. This is the beginning of a huge tech revolution. 2020 will be the techade (technology decade).
The virus is hitting China’s economy hard, but this is likely only temporary. China’s immune system is fighting back — building hospitals in record time, completely locking down a city and most importantly the entire nation uniting as one voice of support and solidarity.
Mario Cavolo called out the global response to the Coronavirus in his post “Something’s not right here folks” which originally went viral on LinkedIn and then subsequently all over Chinese social media. He compares the media response to Coronavirus with the H1N1 outbreak in the US, saying, “it’s not a conspiracy, it’s just a tragedy,” and “this vicious, political, xenophobic racist attacks and smearing of all things China needs to stop.”
Complex cognitive dissonance disorder guaranteed. 😬.
Garrett Lisi, the so called “Surf Bum with a Theory of Everything (or T.O.E.)”, is a PhD theoretical physicist who has refused to be captured by the theoretical physics community. By making shrewd investments, he has avoided holding meaningful employment for his entire adult life. Instead, he lives in Maui and travels the world chasing the perfect wave.
Musk: “There will be a lot of jobs on Mars!”
According to Musk, you’ll need a crazy amount of cargo capacity to build a human colony on a faraway planet.
“Megatons per year to orbit are needed for life to become multiplanetary,” he tweeted.
Continue reading “Elon Musk Says He’ll Put A Million People on Mars By 2050” »
In reality, Shudu, who has 196,000 followers on Instagram, is more painting than person. She’s a 3D digital animation made by an Englishman named Cameron-James Wilson, who bills his creation as “the world’s first digital supermodel.”
Influencers, beware: hot bots are coming for your jobs. Shudu is representative of a growing crop of beautiful and highly realistic avatars on social media, created for the sole purpose of gaining followers and making money. And it’s working — these otherworldly beauties are landing lucrative partnerships with the biggest names in fashion, such as Balmain, Calvin Klein and Dior. Social-media-savvy celebrities are embracing them as well; Kim Kardashian, Bella Hadid and Zendaya have all appeared in photos and videos with their digital counterparts. Even top modeling agencies, including IMG and Lipps, have signed on to manage the most popular bots.
“Over the past few years, this has really taken off,” Wilson, who runs the virtual-influencer company the Diigitals, tells The Post. Wilson, 30, now controls the careers of seven robot models who, like human influencers, post sponsored content on social media for money. “My company has grown massively. This is a really lucrative industry.”
In “A World Without Work,” the economist Daniel Susskind argues that, unlike during past technological shifts, machines really are becoming smart enough to take over our jobs.
