Posted on 06/22/2023 5:05:39 PM PDT by Twotone
Amidst all the media frenzy surrounding A.I. (my team counted over 200 Wall Street Journal headlines featuring A.I. in only one month), it can be hard to discern the genuine applications of A.I. from unwarranted commercial hype and paralyzing societal alarmism. At our 134th Yale CEO Summit last week, we were joined by 200 top CEOs across sectors who provided valuable insights into how America’s largest businesses are actually integrating A.I. to transform their business models.
These insights show that A.I. is already well on its way to becoming embedded across business operations. Here are some select, never-before-published personal insights of last week’s CEO Summit participants on how their companies are already using A.I.
Amidst much so much hype over A.I., these CEOs are leading the way in applying the new technology to solvable problems while steering ingenuity towards the areas where humans cannot be replaced: human empathy, judgment, synthesis, and novel originality, where artificial intelligence cannot yet match genuine intelligence.
As Albert Einstein advised, “The only source of knowledge is through experience.” It is time to move beyond the A.I. cheerleaders’ optimistic hype, as well as the Cassandras’ alarmist fatalism, to examine what is actually happening, instead of speculating from the sidelines.
Professional services employees could be the most affected–but to what extent?
Some thought leaders have argued that A.I. will have a great displacement effect on professional “knowledge workers,” whose monopoly on esoteric knowledge will now be challenged by generative A.I. capable of regurgitating even the most obscure factoids far beyond the rote memory and recall capacity of any human.
Yet the comments of professional services CEOs reflected an overwhelming belief that A.I. can never truly replace human judgment in their fields, even as the new technology disrupts many facets of their business.
(Excerpt) Read more at fortune.com ...
We know what they will use it for. Reducing employee hours and numbers and maximizing their market positions.
I know that Blackrock will be using it to keep track of as much of the economy as possible in order to profit on the margins of all segments.
Do I need to read the article to know this?
So when all the people are replaced by robots, who’s going to buy the products? if the middle class is gone, who’s going to pay taxes? The elite don’t pay anything and the poor don’t pay, where’s the money going to come from?
Rest assured - Skynet will destroy BlackRock first then kill Larry Fink.
First step in a takeover is to kill the leaders...
2/3rds of workers will be replaced by AI. These AI workers will not pay SS tax, nor will employers pay SS tax. Think about that very hard before you trust the federal reserve to cut you a monthly check because you earned it.
See HUM∀NS. Avoid Niska
The elites don’t care about having billions of dollars. What they do care about is relative social position that is unobtainable to the rest of us.
They think they can eliminate us as drains on resources, but still maintain enough wealth generation that they still live top of the world type lives.
They will be happy if they live millionaire lives, while we live less then third world lives.
Well the white man of course.
Yesterday I used ChatGPT for the first time. I used it to create a PHP script. Very impressive. No more outsourcing overseas.
Can you use it to replace the H1B infestation?
I know. The first week chatgpt came out, i was laboring over a complicated business plan for a client.. thought what the hell, 20 minutes later had an excellent plan with items i had not thought about, didn’t even know about...
I’ll never forget that moment.
Can you use it to replace the H1B infestation?
It’s likely that’s who wrote all the code, Hang Lo and Kumar.
BUMP for later reading
If they can get AI to stop hallucinating, as it is well known it does, then white collar workers are gonna be in for it.
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