Thursday, July 14
A World Reimagined
Step out of that time machine and you’ll see 2030 looks a lot different from 2020 or even 2025. These days work is more rewarding, because 4th Industrial Revolution (4IR) technologies have largely removed the monotonous stuff. What’s more, people are healthier, they get around easier, and have almost gotten used to all the drones.
Work has been reshaped by 4IR technologies including artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) and robotics all working in concert. Office workers are no longer subject to boring tasks like data entry and document reviews, because intelligent automation solutions can “read” even complex unstructured content and deal with it effectively. Intelligent apps can even ferret out just the important emails in your inbox.
“Instead of data being centralized in a data center, or even in a cloud, where you can store it there in the cheapest manner, in the 4th Industrial Revolution, data must reside, be used, and be accessed everywhere,” says Paul Savill, Senior Vice President for Products and Services at Lumen Technologies
That leaves us humans to focus on important, strategic endeavors – we love that. And we have so many digital tools at our disposal to help with decision-making. Digital twin technology is now de-rigueur and combines with AI/ML technology to help us accurately predict how changes to processes, systems and even building infrastructure will work out. It really brings out the creativity in folks.
In factories and warehouses, robotics has likewise proved to be a game-changer. Sensors in robots combine with local edge and cloud-based ML applications to enable robots to react to changes in their environment, freeing them up to perform most any task. Here again, they relieve humans of the most repetitive and sometimes dangerous tasks while dramatically lowering costs. Many warehouses are now fully autonomous, with only one or two humans around just keeping an eye on things.
Yes, all those robots have taken jobs that once belonged to humans. But, thanks in large part to AR/VR technology, we’ve gotten much better at helping folks retrain for better-paying, more rewarding work. (The renewable energy sector is just booming, for example, as is tech. Even with AI/ML and predictive maintenance, it still takes a ton of people to deploy all these 4IR systems and keep them up and running.)
4IR technology has also found its way to rural areas. IoT sensors and applications enable farmers to monitor metrics like soil moisture and weather. Farmers now routinely have IT staff to implement tools that lead to more informed decisions, increased yields and improved productivity. READ MORE...
Robots in 2030
Robots are already all around us, whether it’s the automated machines that assemble our vehicles or the virtual assistants that use conversational interfaces to help us around the house. Yet as we’ve seen, they’re not currently suitable for all areas of life. But will that change in the future?
Despite fears of an AI takeover, where machines replace humans as the dominant intelligence on the planet, such a scenario seems unlikely. However, business network PwC predicts that up to 30% of jobs could be automated by robots by the mid-2030s.
Other reports suggest that the stock of robots worldwide could reach 20 million by 2030, with automated workers taking up to 51 million jobs in the next 10 years. So, while they may not take over the world, we can expect to see more robots in our daily lives.
How robots will change the world
According to a report from McKinsey, automation and machines will see a shift in the way we work. They predict that across Europe, workers may need different skills to find work. Their model shows that activities that require mainly physical and manual skills will decline by 18% by 2030, while those requiring basic cognitive skills will decline by 28%.
Workers will need technological skills, and there will be an even greater need for those with expertise in STEM. Similarly, many roles will require socioemotional skills, particularly in roles where robots aren’t good substitutes, such as caregiving and teaching.
We may also see robots as a more integral part of our daily routine. In our homes, many simple tasks such as cooking and cleaning may be totally automated. Similarly, with robots that can use computer vision and natural language processing, we may see machines that can interact with the world more, such as self-driving cars and digital assistants. READ MORE...
Friday, July 1
Intrusion of Robots and Artificial Inelligence
Only 39% of Americans are PROUD TO BE AN AMERICAN...
Why?
Americans have problems but this country is still the best country in the world to live...
Why?
- We have freedom of speech
- We have religious freedom
- We have economic freedom
- We have educational freedom
- We have employment freedom
- We have purchasing freedom
- We have travel freedom
- Wealthy Control issues
- Racism
- Crime & Violence
- A Divided Country Politically
- Inflation & possible recession
- Government intrusion into our lives
- A faltering economy
- A weakened military
2. Bookkeeping and data entry
3. Receptionists
4. Proofreading
5. Manufacturing and pharmaceutical work
6. Retail services
7. Courier services
8. Doctors
9. Soldiers
10. Taxi and bus drivers
11. Market research analysts
12. Security guards
Monday, August 9
CHINA Leads the World by 2030
In 2017, the Communist Party of China set 2030 as the deadline for this ambitious AI goal, and, to get there, it laid out a bevy of milestones to reach by 2020. These include making significant contributions to fundamental research, being a favoured destination for the world’s brightest talents and having an AI industry that rivals global leaders in the field.
As this first deadline approaches, researchers note impressive leaps in the quality of China’s AI research. They also predict a shift in the nation’s ability to retain homegrown talent. That is partly because the government has implemented some successful retainment programmes and partly because worsening diplomatic and trade relations mean that the United States — its main rival when it comes to most things, including AI — has become a less-attractive destination.
“If America loses its openness edge, then the country risks pushing AI talents right back into the arms of its competitors, including China,” says AI analyst Joy Dantong Ma at the Paulson Institute, a think tank in Chicago, Illinois, aimed at fostering US–China relations.
But observers warn that there are several factors that could stymie the nation’s plans, including a lack of contribution to the theories used to develop the tools underpinning the field, and a reticence by Chinese companies to invest in the research needed to make fundamental breakthroughs.
The country’s pursuit of AI domination is more than a symbolic race with the United States, say scientists. AI technologies promise advances in health care, transport and communications, and the nations that make fundamental breakthroughs in the field are likely to shape its future directions and reap the most benefits.
Saturday, December 19
Retirement and Beyond
My father retired at age 62 with a pension from the Federal Government (that now is no longer) and a pension from the US Military with the pay of Naval Caption just under an Admiral... not bad for being in the Reserves for 26 years. His retirement was more than I ever made annually...
I retired at age 67 with about $500,000 in the bank... no pension from any company... only Social Security... however, my wife and I combined our Social Security which helped a lot and we had eliminated our debt over a decade ago... However, we had a small investment that paid us about $1,000 each month +/- so we never had to pull any money out of our savings... plus I taught about 6 night classes for a local university...
The odds are that if you can retire at all, it will be at the age of 70... and, no doubt 75 for your children and their children as retirement age creeps up to 80.
Social Security will be gradually reduced over the years but it will still be available possible in the neighborhood of 50-75% of what it is today. The average social security check is about $1,500.
Advances in medical technology will enable people to live longer and longer so one will either need to keep working or make sure that they have enough in savings or income coming to them from other sources.
It would not surprise me at all that by the year 2050, our life span will increase from right around 80 to right around 100... and, by the year 3000, it will be 120 to 150...
However, by the year 3000, there is also a good possibility that we will not longer be living on this planet we call earth... which is difficult for some of us who care to comprehend.
- How much money will you need in retirement?
- Will you be debt free?
- How much money will you have saved or invested?
- How many jobs will you have had?
- How many homes and vehicles?
- How is your health... do you eat healthy and exercise?
- How do you manage stress outside of drinking alcohol?
- How will you compensate for inflation?
- How long will it take for prices to double?
Saturday, October 24
The Shadows of our Memories
President John F. Kennedy in the month of November 1963 was assassinated by Lee Harvey Oswald in Dallas, Texas and the ENTIRE WORLD mourned the loss of a GOOD MAN as he was perceived by the general public according to what the NEWS MEDIA wanted the general public to know about JFK.
I was living in Cairo, Egypt at the time and a classmate at the time called me on the telephone and told me what he had heard. I did not believe him but told my parents who made a few phone calls and confirmed what I had been told.
Interestingly, Martin Luther King Jr. made his famous I HAVE A DREAM SPEECH earlier that same year in August when my parents, brother, and I were traveling to Cairo, Egypt via several sightseeing stops in Europe after a 12 day ocean voyage across the Atlantic on Holland America's USS Constitution.
1963 was a transition year for me, my family, as well as ALL AMERICANS because that is the year when, like the song APPLE PIE (or When the Music Died) AMERICAN POLITICS DIED as well.
And, for a half century (53 YEARS) American Politics stopped being FOR THE PEOPLE and became FOR THE POLITICIANS and their hopeful perpetual re-elections. As Americans became FAT, DUMB, and HAPPY, the rest of the world like: the Middle East, Russia, China, Japan, Asia and India began to silently grow in population, technology, strength, power, and most importantly STEM education.
If you are 30, 40, or even 50 years old now, you will live long enough to see this happen....