25 Mar '18, 10pm

Getting ready for AI, and the future of jobs and work, Technology ... - The Business Times

Getting ready for AI, and the future of jobs and work, Technology ... - The Business Times

WORLDWIDE revenue from AI will surge past US$46 billion in 2020, according to research firm IDC. In Asia-Pacific, this is projected to rise to US$6.8 billion by 2021. Though researchers have been working on AI decades, development has accelerated in the past few years thanks to three factors – the ubiquitous availability of data, the growing capabilities of cloud computing, and more powerful algorithms developed by AI researchers. Most recently, a team of Microsoft researchers have developed the first machine translation system that can translate sentences of news articles from Chinese to English with the same quality and accuracy as a person. Throughout history, the emergence of new technologies has been accompanied by dire warnings about human redundancy. More often, however, the reality is that new technologies have created more jobs than they destroyed. sentifi.com Mar...

Full article: https://www.businesstimes.com.sg/technology/getting-ready...

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