WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Here's when #robots will start beating #humans at every task @Oxford @Yale

Here's when #robots will start beating #humans at every task @Oxford @Yale | WHY IT MATTERS: Digital Transformation | Scoop.it
A survey of AI researchers tallied predictions for when machines will start beating humans at everything from LEGO assembly to essay-writing.
Farid Mheir's insight:

WHY IT MATTERS: I shy away from these projections but here it comes from scholars at Oxford and Yale so I give more value. Moreover it tracks with the projections I have read from the Singularity is Near and other books on the matter. Moreover I like the visualization because it shows concrete tasks that we can all relate to. And look at the timeline, remembering that 2026 is less than 10 years from now...

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#AI & The Future of Work #WeekendVideo @TEDxManchester

The robots are coming. We (as in the people who attend TED talks and things) tend to think we will probably be fine. You know, knowledge folks and all. We might not be. What will be our coping mechanisms? What can we do to be OK?

Farid Mheir's insight:

WHY IT MATTERS: a short 15min video to listen to this weekend and bring very good conversation topics for Sunday dinner with the kids...

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#Robots have a bright future way beyond #manufacturing and into #IT #CustomerService & more @PwC

#Robots have a bright future way beyond #manufacturing and into #IT #CustomerService & more @PwC | WHY IT MATTERS: Digital Transformation | Scoop.it

We explore CEOs’ current perceptions of how robotics in the workplace is shaping their businesses today and in the near future. We also offer our perspectives on how robotics and automation have the potential to be truly transformative in the way they create value within organisations.

Farid Mheir's insight:

WHY IT MATTERS: robots are everywhere and PWC projections from 2014 shows growth in many areas outside manufacturing.

teamfillets's comment, November 3, 2017 10:52 PM
Its really good :)
flaredauction's comment, November 4, 2017 1:00 AM
Its really good :)
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Investment firm ARK focus on digital disruption to invest - their 7 Big Ideas for 2017 provides great insight

Investment firm ARK focus on digital disruption to invest - their 7 Big Ideas for 2017 provides great insight | WHY IT MATTERS: Digital Transformation | Scoop.it
ARK Invest aims to identify large-scale investment opportunities resulting from technological change. We believe innovation is key to growth. From a broad spectrum of disruptive innovations, Big Ideas represents our annual breakout of technologies that we believe will accelerate significantly in the months ahead.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Investment firms tend to be very traditional in their approach. This one appears to be embracing the digital transformation and making very insightful research that - from what they claim - guides their investments. Great idea. Now we'll see if their assumptions prove right and generate more returns than other investment guidance. I have a feeling it will.

 

Topics covered: 3D printing, additive manufacturing, artificial intelligence, automation, autonomous taxis, autonomous vehicles, bitcoin, blockchain, CRISPR, cryptocurrency, deep learning, dna sequencing, fintech, genomics, machine learning, mobile, robotics, shared autonomous vehicles

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Change-Makers: The 31 Most Disruptive Technologies

Change-Makers: The 31 Most Disruptive Technologies | WHY IT MATTERS: Digital Transformation | Scoop.it
From cloud computing and lithium ion batteries to 3D printing and containerization, we collected the technologies that have done the most to shape the internet era.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

I usually repost those things around new years, with all the predictions etc. but this list seemed to me so appropriate and so true that I wanted to share now.

Tumbling Stones's curator insight, May 23, 2017 9:31 AM

WHY THIS IS IMPORTANT

I usually repost those things around new years, with all the predictions etc. but this list seemed to me so appropriate and so true that I wanted to share now.

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The #AI 100 from @cbinsight: will it one day replace the Fortune500? 

The #AI 100 from @cbinsight: will it one day replace the Fortune500?  | WHY IT MATTERS: Digital Transformation | Scoop.it

A ranking of the 100 most promising private artificial intelligence companies.

It is a purely data-driven/algorithmic process that uses CB Insights data. We’ve gathered this data via our
machine learning technology (dubbed The Cruncher) as well as via several thousand direct submissions
from firms and individual professionals using The Editor.
The Company Mosaic page walks through the factors considered in the algorithm in some detail but at a
high level, it considers several factors including:
- Momentum – Considers non-traditional signals including news mentions, sentiment, jobs data/hiring,
social media, web traffic and usage, partnerships, and more.
- Market – Quantifies the health of the sector and industry the company is involved in, including funding,
deals, exit activity, and hiring.
- Money — Assesses financial signals including funding recency and total raised.
- Investor quality – Weighs the quality of the investors participating in deals to the company, judging
investors based on exits, returns, and portfolio quality.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Are we on the eve of an era where the Fortune 500 is replaced by the "AI 100"?

This may be more realistic than you think if the current predictions regarding the future of work push humans to service each other and let all the "work" be done by machines - robots and AI.

We are not there yet and this list merely reports 100 startups that are very active in the field AI. Nevertheless, it is interesting to consider what impact AI may have and adjust our digital strategies accordingly...

Fortune magazine has also created a very interesting infographics from this mountain of data: http://fortune.com/2017/02/23/artificial-intelligence-companies/ 

compressedpiano's comment, February 28, 2017 10:51 PM
Thats stunning...
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Automation will replace jobs mostly in China and India according to @McKinsey

Automation will replace jobs mostly in China and India according to @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it
Automation is happening, and it will bring substantial benefits to businesses and economies worldwide, but it won’t arrive overnight. A new McKinsey Global Institute report finds realizing automation’s full potential requires people and technology to work hand in hand.
Farid Mheir's insight:

Very useful stats and data.

CAYOL's curator insight, January 21, 2017 3:21 PM

Very useful stats and data.

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The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum

The jobs of the future report stresses 2 two skills you need & human impacts to consider via @weforum | WHY IT MATTERS: Digital Transformation | Scoop.it

Maths ability will get you furthest, says Harvard's Davis Deming. As long as you've got the social skills to go with it.

Could a robot do your job? Millions of people who didn’t see automation coming will soon find out the painful way. The answer is a resounding yes. The World Economic Forum’s Future of Jobs study predicts that 5 million jobs will be lost before 2020 as artificial intelligence, robotics, nanotechnology and other socio-economic factors replace the need for human workers.

Farid Mheir's insight:

One important stat from The Future of Jobs report is that the top trend that will drive change in work is new technology and innovation.

 

WHY THIS IS IMPORTANT

All jobs will be affected by technology and thus every good digital transformation should include the human disruption and its impact on current and future employees. Too often, we implement digital change and fail to consider people impact.

Look at UBER taxis: their model is to plow ahead and disrupt the market but they have failed to accompany the taxi drivers that are impacted. Because of it they are facing huge head winds from governments and established corporations.

On the other hand, Teo Taxi (Montreal-based) has recognized the people impact and embraced human transformation of the cab drivers which results in much better relationships and less confrontation. Same technology, same process, different human approach.

Gonzalo Moreno's curator insight, December 9, 2016 5:06 AM
TASK Management vs. PEOPLE Management, a superclassic...
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Chart shows jobs most likely to be done by robots in the future & what to do about it

Chart shows jobs most likely to be done by robots in the future & what to do about it | WHY IT MATTERS: Digital Transformation | Scoop.it

Mckinsey ran a comprehensive study of nearly 800 different jobs in the United States, ranging from CEOs to fast food workers. Between these roles, they found 2,000 individual work activities, and assessed them against 18 different capabilities that could potentially be automated. In their analysis, they found that 45% of work activities representing $2 trillion in wages can already by automated based on proven technology that currently exists. A further 13% of work activities in the U.S. economy could be automated if the technologies used to understand and process human language were brought up to the median human level of competence.

Farid Mheir's insight:

An interactive chart that graphs 800 different jobs along with their automation potential - as estimated by McKinsey.

 

WHY THIS IS IMPORTANT

If you are in school or just out of school, this chart should be of particular interest. For all the others, this is essential must read tooling when preparing strategy and planning for the future of your business unit, organization - large or startup.

 

Jobs with highest potential for automation represent opportunities for cost reduction, process improvements to reduce lead times, or creation of the automated tools and software that will replace them. For example:

  • medical appliance technicians: 100% automation potential. If you are in this field your business plan should include major shift from human workers to robots. If employees are unionized, look at contract negotiation and employee retraining. If you build medical appliance, ensure your hard-software appliance includes the necessary components to make this automation simple and effective.
  • sewing machine operators: 100% automation potential, 143K workers in the US. Replacing human by robot sewing machine is efficient but will require capital expenditures: has it been forecasted in your budgets? If that throws your business model out of whack, you have to think like a startup and "pivot" your company to a different yet adjacent space such as custom apparel design and fabrication.

And 798 other sources of inspiration. 

Abel Linares's curator insight, July 30, 2016 1:08 PM
Potencial amortización #digital del #trabajo según Mckinsey.
Gráfico interactivo que analizar 800 trabajos diferentes.

Concluye que con la tecnología actual el 45% del trabajo se puede automatizar, un 13% adicional cuando las máquinas entiendan el lenguaje humano a un nivel de ciudadano medio.

 Las previsiones son instalar 1.3 millones de robots entre 2015 y 2018
Curated by Farid Mheir
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