In early 1900
industrial revolution took place and a lot of task was mechanized and at the
same time new job came into existence. The machines were dumb and was necessary
to be operated by humans. The revaluation was mechanical in nature.
By mid-1900 computer
growth doubled every 18 months as was predicted by Morse law. A relatively new
field of computer science started to evolve “The Artificially Intelligence”,
The intelligence system could be gauged by Alan Turing Test for whether it
being intelligent or not. Recently google AI defeated a human player in Alpha
Go game which has virtually unlimited moves which cannot be predicted in
advance thus defining the said AI Intelligence. More is being explored about it
whether it’s being conscious or not. AI has become good at cognitive tasks
and learning new ones thus giving rise to evolving machine which can adopt to
evolving environments around it.
Artificial Intelligence and Automation.
Artificial
intelligence coupled with Quantum computer could unleash the next revolution of
automation which will be evolving, intelligent, and adopting that’s where it
brings more questions to the table. The biggest question on the table is
automation which is on the rise thus rendering people jobless.
Recently IBM AI Ross
was hired by firm named Baker & Hostetler to handle bankruptcy practices legalities.
Another IBM AI named Dr. Watson healthcare gives consultancy on different
health related fields currently a number of healthcare hospitals and clinics
has taken its services thus reducing the healthcare staff.
Pentagon leading defense
headquarters of the world defense had a deal with google to produce an AI for
predator drones to control it, the project is named Maven.
Amazon store has
recently opened an employee less store not needing any human intervention. Ali
baba back stores are also running AI robotics for sorting and delivery of
goods.
Tesla automated
autopilot car and trucks are disrupting the driving labor force. Automation of
automotive industry vehicles can disrupt 2.2 million jobs in US alone.
Forbes predicts 9%
jobs I’ll be taken over by automation in 2018 alone.
Machines have just
started to take over jobs even that involves cognitive skills. The chart below
tells us which jobs are in line of fire due to automation in the near future.
The most prominent jobs are of labor class.
The UBI (universal basic income) and Jobless Future.
The top gurus of IT
and technology and Mughal are suggesting UBI because they are seeing the
jobless future. The top Mughal include guys like a Bill Gates and Elon Musk.
Number of countries are trying the UBI for instance like Norway. The efforts suggest
the coming revaluation.
Spill out.
The labor class jobs
are mostly outsourced to third world countries but now seems to be automated
thus the cost of product is diminishing and hence easy to compete it in third
world cheap market. It means that third world countries will lose its labor
force and its earning to automation by larger and strong economies which will
trigger imbalance in world trade thus giving rise to monopolistic approaches
which in turn feed injustice and chaos leading to wars. Third world countries
are on receiving end of this imbalance.
One trade war
currently underway between Us and China is because of the above circumstances.
The world should
come together to peacefully manage the transition to automation and future of
joblessness and future of abundance otherwise it could become a doom for
humanity.
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