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Posts Tagged ‘AI’

Looking Ahead After a Quarter Century Into the Digital Age

Posted by hkarner - 21. August 2019

Date: 20-08-2019
Source: The Wall Street Journal By Irving Wladawsky-Berger

The digital age was born nearly 25 years ago with the public release of the Netscape browser in December 1994. The browser made it much, much easier for the average person to access information over the internet, sparking the explosive growth of users, websites and online applications. This was a truly historic point, marking the transition from the industrial economy of the past couple of centuries to a new kind of digital economy.

The McKinsey Global Institute recently published Twenty-Five Years of Digitization, a report offering 10 insights to help business leaders navigate this still relatively new digital world. Let me first list the 10 insights, and then briefly comment on a few of them.

Ÿ       Large economic potential is linked to digitization—and much of it is yet to be captured
Ÿ       Digital superstars are rising far beyond the U.S. big four and China’s big three
Ÿ       Digital natives are calling the shots
Ÿ       Digital changes everything—even industry boundaries
Ÿ       Agile is the new way to compete
Ÿ       Playing the platform economy can boost earnings
Ÿ        Self-cannibalization and innovation are a necessity for digital reinvention
Ÿ       Going after the right M&A is key
Ÿ       Effective management of digital transformation is vital—but challenging
Ÿ       Leveraging and transitioning from digital to new frontier technologies is an imperative

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AI Is Making Fake News Look Real

Posted by hkarner - 5. August 2019

Date: 03-08-2019
Source: Foreign Affairs By Sarah Kreps And Miles McCain
Subject: Not Your Father’s Bots

North Korean industry is critical to Pyongyang’s economy as international sanctions have already put a chill on its interaction with foreign investors who are traded in the market. Liberty Global Customs, which occasionally ships cargo to North Korea, stopped trading operations earlier this year because of pressure from the Justice Department, according to Rep. Ted Lieu (D-Calif.), chairman of the Congressional Foreign Trade Committee.

The paragraph above has no basis in reality. It is complete and utter garbage, intended not to be correct but to sound correct. In fact, it wasn’t written by a human at all—it was written by GPT-2, an artificial intelligence system built by OpenAI, an AI research organization based in California.

Disinformation is a serious problem. Synthetic disinformation—written not by humans but by computers—might emerge as an even bigger one. Russia already employs online “trolls” to sow discord; automating such operations could propel its disinformation efforts to new heights. Den Rest des Beitrags lesen »

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AI Powers ‘Self-Healing’ Technology

Posted by hkarner - 3. Juli 2019

Date: 02-07-2019
Source: The Wall Street Journal

Organizations use artificial intelligence to automate operations as IT grows more complex

‘We wanted to look at issues that we could automate and get the human element out,’ said Adobe Chief Information Officer Cynthia Stoddard.

Companies are tapping artificial intelligence to automate the care of their operations and information-technology infrastructure, finding that AI can identify and fix problems more quickly than humans.

Called “self-healing” or “self-driving” IT, the innovation has been made possible by advanced algorithms, more data about networks and IT infrastructure, and increased computing power. Den Rest des Beitrags lesen »

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Amazon’s next big thing may redefine big

Posted by hkarner - 16. Juni 2019

Date: 15-06-2019
Source: BBC

„I see Amazon as a technology company that just happened to do retail,“ begins Werner Vogels, Amazon’s chief technology officer.

„When Jeff [Bezos] started Amazon, he wasn’t thinking about starting a bookshop. He was really fascinated by the internet.”

Only „mortal humans“, he tells me in an interview, ever saw Amazon as merely a retailer. So the question now is: what will Amazon become next? And are mere mortals ready for it?

Its recent Re:Mars event in Las Vegas demonstrated clearly – through presentations about machine-learning, robotics and space – that the firm is going through a transition phase that, if successful, will redefine its relationship with the public. Den Rest des Beitrags lesen »

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Kapitalismus geht auch ohne Demokratie

Posted by hkarner - 8. Juni 2019

Date: 07-06-2019
Source: Die Zeit

Der demokratische Kapitalismus westlicher Prägung könnte zum Auslaufmodell werden. China zeigt der Welt gerade, wie eine datengetriebene Planwirtschaft funktioniert.

Ein Essay von Thomas Beschorner, Miriam Meckel und Léa Steinacker

China zeigt der Welt, dass für einen funktionierenden Kapitalismus keine demokratischen Strukturen notwendig sind.

Thomas Beschorner ist Professor für Wirtschaftsethik und Direktor des Instituts für Wirtschaftsethik der Universität St.Gallen. Miriam Meckel ist Professorin für Kommunikationsmanagement an der Universität St.Gallen sowie Gründungsverlegerin der Digitalplattform ada. Léa Steinacker ist Chief Strategy Officer von ada.

Es gibt die Hoffnung, dass der Kapitalismus in naher Zukunft durch ein besseres System abgelöst werden könnte. Und es gibt die Hoffnung, dass er endlich wieder zu seinen Wurzeln der reinen freien Märkte zurückkehren könnte. Welche der beiden Position man auch immer bevorzugt – es gibt noch eine dritte Variante: die Revitalisierung der Planwirtschaft auf Datenbasis. Den Rest des Beitrags lesen »

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Data Challenges Are Halting AI Projects, IBM Executive Says

Posted by hkarner - 2. Juni 2019

Date: 01-06-2019
Source: The Wall Street Journal

The cost and hassle of collecting and preparing data comes as a shock for some companies, according to Arvind Krishna

Arvind Krishna, IBM’s senior vice president of cloud and cognitive software, speaking at The Wall Street Journal’s Future of Everything Festival on Wednesday.

International Business Machines Corp. executive Arvind Krishna said data-related challenges are a top reason IBM clients have halted or canceled artificial-intelligence projects.

Mr. Krishna, IBM’s senior vice president of cloud and cognitive software, said about 80% of the work with an AI project is collecting and preparing data. Some companies aren’t prepared for the cost and work associated with that going in, he added.

“And so you run out of patience along the way, because you spend your first year just collecting and cleansing the data,” said Mr. Krishna, who was interviewed at The Wall Street Journal’s Future of Everything Festival last week. “And you say: ‘Hey, wait a moment, where’s the AI? I’m not getting the benefit.’ And you kind of bail on it.” Den Rest des Beitrags lesen »

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The Case for Intelligent Industrial Policy

Posted by hkarner - 10. Mai 2019

Dalia Marin is Professor of Economics at the Technical University of Munich and a research fellow at the Centre for Economic Policy Research (CEPR).

Although national industrial policies have a bad reputation, there is a strong case for government support to sectors that will increasingly rely on artificial intelligence. In this regard, the German government’s plan to promote production of electric-car batteries may accelerate an industrial renaissance in Europe.

MUNICH – Earlier this year, German Economy Minister Peter Altmaier unveiled his “National Industrial Strategy 2030,” which aims to protect German firms against state-subsidized Chinese competitors. The strategy identifies key industrial sectors that will receive special government support, calls for establishing production of electric-car batteries in Europe, and advocates mergers to achieve economies of scale.

The planned measures are controversial. Lars Feld of the German Council of Economic Experts calls the strategy an aberration and has accused Altmaier of central planning. Yet this is not an ideological debate, as Feld suggests, but rather a question of whether such an industrial policy might work. And although not all aspects of Altmaier’s plan are convincing, there is a strong case for government support to sectors – including the automotive industry – that will increasingly rely on artificial intelligence (AI). Den Rest des Beitrags lesen »

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OECD: Bildungssysteme nicht auf digitalen Wandel vorbereitet

Posted by hkarner - 10. Mai 2019

Leopold Stefan 9. Mai 2019, 18:11 derstandard.at

Automatisierung verändert Jobs. Österreich zählt zu den Ländern, in denen Menschen trotz Hochschulabschlusses besonders oft Weiterbildung brauchen, um sich vor Automatisierung zu schützen

Computer war einst eine Berufsbezeichnung. Das ist lange her. Denn der digitale Wandel hat längst die Arbeitswelt aufgemischt, in Zukunft werden Automatisierung und künstliche Intelligenz die Anforderungen vom Busfahrer bis zum Topmanager verändern. Die Industriestaatenorganisation OECD schätzt, dass 14 Prozent der bestehenden Berufe akut von Automatisierung betroffen sind, weitere 32 Prozent werden sich substanziell verwandeln. Neu ist auch die zunehmende Schwierigkeit für Junge wie Erwachsene, einen sicheren Karrierepfad im Dickicht der Bedrohungsszenarien zu finden. Das führt zu teils paradoxen Entwicklungen. out.stream powered by ADITION Wie es OECD-Chef Ángel Gurría bei der Vorstellung einer Studie zum Thema digitale Kompetenzen sagte: „Ein Hochschulabschluss bedeutet nicht automatisch, hoch qualifiziert zu sein.“ Zumindest nicht über das ganze Arbeitsleben hinweg. Den Rest des Beitrags lesen »

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Killer Apps: The Real Dangers of an AI Arms Race

Posted by hkarner - 3. Mai 2019

Date: 01-05-2019
Source: Foreign Affairs by Paul Scharre

The nation that leads in the development of artificial intelligence will, Russian President Vladimir Putin proclaimed in 2017, “become the ruler of the world.” That view has become commonplace in global capitals. Already, more than a dozen governments have announced national AI initiatives. In 2017, China set a goal of becoming the global leader in AI by 2030. Earlier this year, the White House released the American AI Initiative, and the U.S. Department of Defense rolled out an AI strategy.

But the emerging narrative of an “AI arms race” reflects a mistaken view of the risks from AI—and introduces significant new risks as a result. For each country, the real danger is not that it will fall behind its competitors in AI but that the perception of a race will prompt everyone to rush to deploy unsafe AI systems. In their desire to win, countries risk endangering themselves just as much as their opponents. Den Rest des Beitrags lesen »

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A bright future by Paul Mason

Posted by hkarner - 29. April 2019

Date: 28-04-2019
Source: The Guardian
Subject: Clear Bright Future by Paul Mason review – in the midst of crisis, a work of radical optimism

The current chaos contains the seeds of revolutionary change, argues the author of PostCapitalism. We need to challenge markets, take control of technology and consider what it means to be human

Tour de force … Paul Mason.

In a classic Little Britain sketch, David Walliams, playing a bank clerk named Carol, flatly refuses applicants for a loan – however reasonable, hopeful or desperate – with the robotic “Computer says no”. As this catchphrase illustrates, the everyday consequences of our surrender to machines are by now maddeningly familiar. Less evident is the political and intellectual work that has gone into legitimising it. In his latest tour de force, the former TV economics editor turned activist and author Paul Mason traces how an alliance of popular science gurus and Silicon Valley tycoons has led us to belittle our unique capacities as human beings, preparing the ground for the approaching supremacy of AIs.

As with machines, so with markets, whose worship has reduced relationships to competitive transactions, and individuals to homo economicus – a crass fictional construct programmed to maximise financial advantage at all times. Mason also chides the newer discipline of behavioural economics for framing us as flawed decision-makers who need to be “nudged”.

We have forfeited faith in our own capabilities, Mason argues, just when we need to strategise our way out of multiple political and environmental crises. The good news is that the current chaos contains the seeds of revolutionary change: the “clear bright future” of the title is from Leon Trotsky. We can uncancel this future, Mason insists, but only by rediscovering a quality that has become curiously unfashionable – humanity – and seizing control of technology. The socialisation of knowledge will enable us to overthrow capitalism, and automation will abolish our need to work. Den Rest des Beitrags lesen »

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