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Archive for 16. September 2018

Leadership and Life Lessons from Amazon’s Jeff Bezos

Posted by hkarner - 16. September 2018

Date: 15-09-2018
Source: The Wall Street Journal

Make three good decisions a day and no meetings before 10 a.m., Amazon chief tells D.C. audience

Amazon.com CEO and founder Jeff Bezos said when he gets eight hours of sleep, ‘I think better, I have more energy, my mood’s better.’

WASHINGTON— Amazon.com Inc. Chief Executive Jeff Bezos tries never to schedule a meeting before 10 a.m.

“I go to bed early, I get up early, I like to putter in the morning” reading the newspaper, drinking a cup of coffee and eating breakfast with his children, he said. Mr. Bezos schedules “high IQ” meetings before lunch, and tries to finish making his tough decisions by 5 p.m.

Mr. Bezos said his primary job each day as a senior executive is to make a small number of high-quality decisions. That means getting eight hours of sleep, too. “I think better, I have more energy, my mood’s better,” he said.

‘Everything I’ve ever done has started small. Amazon started with a couple of people.’ —Jeff Bezos

If he slept less, he could make more decisions. But it wouldn’t be worth it. “If I have three good decisions a day, that’s enough,” he said. “They should just be as high quality as I can make them.” Den Rest des Beitrags lesen »


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The Human Promise of the AI Revolution

Posted by hkarner - 16. September 2018

Date: 15-09-2018
Source: The Wall Street Journal By Kai-Fu Lee

Artificial intelligence will radically disrupt the world of work, but the right policy choices can make it a force for a more compassionate social contract.

Artificial intelligence is a technology that sparks the human imagination. What will our future look like as we come to share the earth with intelligent machines? Our minds gravitate to extremes, to the sharply contrasting visions that have captured public attention and divided much of the technological community. As a longtime AI researcher and venture capitalist in China and the U.S., I’ve observed these two camps across continents and over many decades.

Utopians believe that once AI far surpasses human intelligence, it will provide us with near-magical tools for alleviating suffering and realizing human potential. In this vision, super-intelligent AI systems will so deeply understand the universe that they will act as omnipotent oracles, answering humanity’s most vexing questions and conjuring brilliant solutions to problems such as disease and climate change.

But not everyone is so optimistic. The best-known member of the dystopian camp is the technology entrepreneur Elon Musk, who has called super-intelligent AI systems “the biggest risk we face as a civilization,” comparing their creation to “summoning the demon.” This group warns that when humans create self-improving AI programs whose intellect dwarfs our own, we will lose the ability to understand or control them. Den Rest des Beitrags lesen »

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AI may not be bad news for workers

Posted by hkarner - 16. September 2018

Date: 14-09-2018
Source: The Economist: Bartleby

A new report argues that it can help them with their jobs

A SPECTRE is haunting workers—the rise of artificial intelligence (AI). The fear is that smart computer programs will eliminate millions of jobs, condemning a generation to minimum-wage drudgery or enforced idleness. Never mind the robots, fear the software.

There is no need to be so gloomy, say Ken Goldberg of the University of California, Berkeley, and Vinod Kumar, the chief executive of Tata Communications, a unit of India’s biggest business house (which stands to profit from the spread of AI). They have produced a report* that is much more optimistic about the outlook for ordinary employees. In many cases, it says, job satisfaction will be enhanced by the elimination of mundane tasks, giving people time to be more creative.

Their views are backed up by a survey of 120 senior executives, conducted for the report, which found that more of them (77%) thought that AI would create new roles than believed it would replace existing positions (57%; respondents could choose both options). Extra skills may be needed to cope with the new technology and more than half of the bosses are already taking steps to train their workforces. Den Rest des Beitrags lesen »

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America can’t control the global flow of ideas

Posted by hkarner - 16. September 2018

Date: 14-09-2018
Source: The Economist: Schumpeter

History has not been kind to countries‘ attempts at hoarding intellectual property

ONE of the quirks of LinkedIn, a career-oriented networking site with over 562m users, is that strangers wish you a happy birthday even when your mum has forgotten. If this happens to you, don’t respond: it could be a Chinese spy. According to Reuters, American counter-intelligence chiefs think that China is running a “super-aggressive” campaign on LinkedIn to recruit experts in health care, green energy and technology. Other agencies are nervous, too. The FBI complains of an “unparalleled” level of economic espionage. The National Security Agency says America is being “pummelled”.

The spooks’ warnings are part of a wave of anger in the West about ideas leaking across borders. On June 1st the European Union complained to the World Trade Organisation (WTO) that China prevents European firms from getting a fair price for their intellectual property (IP). A 215-page White House report on China’s trading practices published in March was filled with accusations of IP violations, including outright theft and the forced transfer of IP to joint-venture partners in China. On August 1st Congress approved a law that gives the government sweeping powers to police cross-border deals involving “critical technologies”. Den Rest des Beitrags lesen »

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Tariffs may well bring some high-tech manufacturing back to America

Posted by hkarner - 16. September 2018

Date: 14-09-2018
Source: The Economist

But ordinary Americans will feel little if any benefit

YOU might think a company worth $1trn would gain a sympathetic hearing in the White House. Not, it seems, when the subject is China. On September 7th, as President Donald Trump prepared a new salvo of tariffs on Chinese imports, Apple released a letter pleading with the administration to change tack lest it harm American consumers. “Make your products in the United States instead of China,” Mr Trump tweeted back. “Start building new plants now. Exciting!” The response reflects a view within his administration that in a trade showdown with China, America cannot lose.

Mr Trump’s officials are finalising a list of Chinese imports, of $200bn in value, which will be subject to new tariffs. If and when they come, they would be in addition to tariffs previously levied on $50bn of Chinese goods. The president has expressed himself willing to put tariffs on all Chinese imports. China, for its part, is unbowed. At a summit on September 11th Xi Jinping, the Chinese president, and Vladimir Putin, Russia’s leader, agreed to strengthen economic ties and resist American protectionism. Den Rest des Beitrags lesen »

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