notices - See details
Notices
N
Norbert (not verified)
25th January 2019 | 11:51pm

2) „Such outcomes may be inevitable, even for big data and AI.“
Absolutely. But how to prepare for that, requires deep understanding of current AI.

3) „That will take time, perhaps a generation or more.“
This is most probably estimated far too long. The technological singularity, postulated by most AI experts and relevant for such a bold prediction, will most probably take place in not much longer than 20 years. This would be far less than one generation and definitely not more.

Thus, most of the conclusions in this article are correct for the current state of the art of AI only. Whoever wants to remain successful in investment business has to keep pace now with current developments of AI or prepare for closing shop sooner than s/he likes.

Thus, ...
„It is the one who is most adaptable to change.“
...is required from every professional more than ever, if s/he likes learning, understanding and applying AI with own trials and errors or not. Because all development, including organizational, societal and political, is currently speeding up and will be disrupted sooner or later due to AI.

This has been self-reinforcing without limits for decades already, starting unnoticeable in the beginning and then exploding with unexpected disruptions for most all of a sudden. I guess that this is taking place right now and the non-linearity of such events or shift of paradigm should be pointed out more here.