Will artificial intelligence affect you ?

[Pat494]

Here is a TEDx talk about the consequences of AI - interesting..

 

[Pat494]

I think that in the near future politicians will have to consider banning AI in certain areas. One area is where AI takes away jobs such as in taxi and truck driving.


The consequences of mass unemployment will be critical to this decision. I am not against AI but feel it should be restricted to areas like data management, medical science etc.


This will create some jobs but probably not enough to maintain a high level of employment.

 

[new_trader]

I think that in the near future politicians will have to consider banning AI in certain areas. One area is where AI takes away jobs such as in taxi and truck driving.


The consequences of mass unemployment will be critical to this decision. I am not against AI but feel it should be restricted to areas like data management, medical science etc.


This will create some jobs but probably not enough to maintain a high level of employment.

So, you would like to still see people doing menial jobs like collecting the garbage, cleaning sewers...or risking their lives to put out fires because at least they are employed?

You have a strange view on life.

Personally, I'd rather have a robot do my laundry and mow the lawn so that I can spend my spare time doing more interesting things.

 

[Pat494]

I see Canada has invested heavily in AI, seeing it to be the path to future success.
While our stupid politicians allowed the take over of such cutting edge companies as Arm Holdings and the team that produced Deep Mind.
Idiots.

 

[Pat494]

I got this through the post :-



"When Terminator came out in 1984, everybody
was worried about how Skynet was going to
take over the world by seizing control of
the U.S. nuclear arsenal.

Well - it turns out the robots ARE coming to
get us, they just won’t need the nukes.

According to the Boston Consulting Group,
roughly 35% of jobs are “highly likely” to
be replaced by robots or A.I. by the year
2025.

And it’s not just “unskilled” jobs either.

Accountants are 98% likely to be automated
out of existence. Even supposedly well paid,
highly skilled investment advisors and hedge
fund analysts are in trouble.

Services like Betterment and Wealthfront are
automating conservative investment for
clients with $50,000 or more. Literally
removing human advisors from the game.

The same trend is NOW coming to trading.

Using automated trading signals is huge.
Some of the biggest funds and banks are
getting behind it in a big way (i.e. making
billion dollar+ investments).

You have an opportunity to be ahead of that
curve. "

Scary or what ?

 

[Pat494]

If our feeble politicians allow AI to rule then the vast army of unemployed will be struggling to exist on the paltry benefits. They will probably become violent in their struggle to survive.

One solution is to legalise all drugs and hope that most of the unemployed rabble are too stoned out to cause trouble !

Another solution is to replace politicians with AI and hope they are more sensible.

 

[Atilla]

If our feeble politicians allow AI to rule then the vast army of unemployed will be struggling to exist on the paltry benefits. They will probably become violent in their struggle to survive.

One solution is to legalise all drugs and hope that most of the unemployed rabble are too stoned out to cause trouble !

Another solution is to replace politicians with AI and hope they are more sensible.

I like your thinking their Pat.

If robots are employed to do work humans don't then we get to spend our leisure time chasing pursuits we do enjoy.

I'd like to see money removed from the exchange equation.

Once the survival question (food, clothing, shelter) is answered then humans may can go on their quests to find their true purpose, what ever that may be?

 

[Atilla]

I reckon humans will merge with machines. It's already happening. I'm not talking about sex toys either :cheesy:


http://a.msn.com/r/2/BBQ2gSR?a=0&m=en-gb


I mentioned to a friend along with stem cell research and he immediately started falling back on his beliefs and started talking about the morality and soul aspect of life and machine.

I loathe religion as it stops humans from freeing themselves from the shackles of 3000 year old doctrine.

If one thinks about it we are already merged with machines every day.


Driving a car; a human in a machine?

What is so far out about a bit of machine or AI in our bodies?


The future is going to be just great

 

[Pat494]

Well worth watching this chatty video.

 

[Pat494]

Here is an interesting panel discussion hosted by Brian Cox. One important topic covered is which occupations will be least affected by AI. Doctors, lawyers and accountants beware.


https://www.youtube.com/watch?v=9MoY1h7xSWw&t=4822s

This is the first time in human history that clever people's jobs will disappear.

 

[Pat494]

AI definitely has some positive aspects. It isn't all doom and gloom. There are the obvious advantages of it finding cures for cancer etc,
From a personal point of view, below this video addresses the possibilities of a younger person about to start a career.

 

[Signalcalc]

AI definitely has some positive aspects. It isn't all doom and gloom. There are the obvious advantages of it finding cures for cancer etc,
From a personal point of view, below this video addresses the possibilities of a younger person about to start a career.

Inspirational for aspirational, highly motivated young people with brains, talent, education, but what about the other 98% of the working population

 

[Pat494]

Inspirational for aspirational, highly motivated young people with brains, talent, education, but what about the other 98% of the working population

Ah that is just the point. In the coming revolution brainy people's jobs will be more affected than labourers, plumbers, electricians etc. Their jobs are much harder to replace with robots.

 

[Signalcalc]

Ah that is just the point. In the coming revolution brainy people's jobs will be more affected than labourers, plumbers, electricians etc. Their jobs are much harder to replace with robots.

I get it, clever millennials, highly educated, will realise that to thrive they will need to bin their certificates and get their hands dirty.

The not so clever, highly educated millennials, will end up reliant on the coming universal credit for life scrap heap whilst they continue to think there is a well paid highly skilled career out there for them, unless they are the tiny minority with the clever tech idea and the massive funding required to make it in an AI world.

Some highly educated people have been sold a pup methinks. Only aspirational for the lucky few.

 

[Pat494]

I should have noted the article comparing Alexa, Siri etc.
The one that came out top after a series of tests was Google assistant if you are interested.
They continue to improve and will replace the nagging wife I expect.

 

[Signalcalc]

I should have noted the article comparing Alexa, Siri etc.
The one that came out top after a series of tests was Google assistant if you are interested.
They continue to improve and will replace the nagging wife I expect.

I have zero trust in these devices not to be spying on us. I think I have reached a point similar to my father, my father resisted computers for many years, simply because they are not mechanical, he had no use for them and he didn’t understand the technical complexities of how they operate.

The main difference between myself and my father is that I understand completely how these devices operate, I understand how they can be used (and are used) and I am suspicious of the lack of security and transparency of them. What I do have in common with my father is that I have no use for them.

I am a member of a generation of mistrust of anything that can be used for nefarious means after many revelations about how govts are actually using these devices and the data collected for nefarious means. The younger generation have unfortunately been brought up in a world where handing your innermost thoughts over to other people is the norm, I want as little to do with that other than what I choose to release myself.

 

[Signalcalc]

 

[Signalcalc]

https://twitter.com/x/status/1108509194888663041

 

[Pat494]

I was listening to a programme on R4 recently and was surprised to learn of the latest trend, I think they called it on-shoring.
Apparently it was extremeley difficult to automate such simple tasks as making T shirts. However some bright guy has managed it. With this advance in automation cheap labour should be a thing of the past. Only one off specialised stuff like tools will require manpower.
Over 2 billion T-shirts were produced a year for instance by cheap labour. Now cheap labour stuff will be produced in the countries of sale to cut transport costs etc.
Trump will be pleased at more HOME produced.

 

[Wonelf]

As a writer, I understand that one day an AI-based writer can completely replace me. But before that, it must pass the Turing test (must be able to convince other humans that it is human).
The reason why it’s difficult for people to imagine the success of AI writers is because a lot of them have failed to perform at the same level as human writers.
Currently, the AI that everyone can access can only perform basic writing and proofreading tasks like smart proofreading, plagiarism check, and content assessment
But it does not mean that they don’t have potential. That's why I promised to be open to new things in my life. And trading is one of those.
Like my favorite quote says: "Live as if you were to die tomorrow. Learn as if you were to live forever".