AI Could Leave Half Of The World Unemployed

Machines could put more than half the world’s population out of a job in the next 30 years, according to a computer scientist who said that artificial intelligence’s threat to the economy should not be understated.

Expert Moshe Vardi told the American Association for the Advancement of Science (AAAS): “We are approaching a time when machines will be able to outperform humans at almost any task.

“I believe that society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do?”

Physicist Stephen Hawking and the tech billionaires Bill Gates and Elon Musk issued a similar warning last year. Hawking warned that AI “could spell the end of the human race” and Musk said it represents “our biggest existential threat”.

The fear of artificial intelligence has even reached the UN, where a group billing itself the Campaign to Stop Killer Robots met with diplomats last year.

Vardi, a professor at Rice University and Guggenheim fellow, said that technology presents a more subtle threat than the master-less drones that some activists fear. He suggested AI could drive global unemployment to 50%, wiping out middle-class jobs and exacerbating inequality.

Unlike the industrial revolution, Vardi said, “the AI revolution” will not be a matter of physically powerful machines that outperform human laborers, but rather a contest between human wit and mechanical intelligence and strength. In China the question has already affected thousands of jobs, as electronics manufacturers, Foxconn and Samsung among them, develop precision robots to replace human workers.

In his talk, the computer scientist alluded to economist John Maynard Keynes’ rosy vision of a future in which billions worked only a few hours a week, with intelligent machines to support their easy lifestyles – a prediction embraced wholesale by Google head of engineering Ray Kurzweil, who believes “the singularity” of super-AI could bring about utopia for a future hybrid of mankind. Vardi insisted that even if machines make life easier, humanity will face an existential challenge.

“I do not find this a promising future, as I do not find the prospect of leisure-only life appealing,” he said. “I believe that work is essential to human wellbeing.”

Computer scientist Bart Selman told reporters at the conference that as self-driving cars, “household robots, service robots” and other intelligent systems become more common, humans will “sort of be in a symbiosis with those machines, and we’ll start to trust them and start to work with them”.

Selman, a professor at Cornell University, said: “Computers are basically starting to hear and see the way humans do,” thanks to advances in big data and “deep learning”.

Vardi predicted that driving will be almost fully automated in the next 25 years, and asked, for all the benefits of technology, “What can humans do when machines can do almost everything?”

He said that technology has already massively changed the US economy in the last 50 years. “We were all delighted to hear that unemployment went down to 4.8%” this month, he said, “but focusing on the monthly job report hides the fact that for the last 35 years the country has been in economic crisis.”

Citing research from MIT, he noted that although Americans continue to drive GDP with increasing productivity, employment peaked around 1980 and average wages for families have gone down. “It’s automation,” Vardi said.

He also predicted that automation’s effect on unemployment would have huge political consequences, and lamented that leaders have largely ignored it. “We are in a presidential election year and this issue is just nowhere on the radar screen.”

He said that virtually no human profession is totally immune: “Are you going to bet against sex robots? I would not.”

Last year, the consultant company McKinsey published research about which jobs are at risk thanks to intelligent machines, and found that some jobs – or at least well-paid careers like doctors and hedge fund managers – are better protected than others. Less intuitively, the researchers also concluded that some low-paying jobs, including landscapers and health aides, are also less likely to be changed than others.

In contrast, they concluded that 20% of a CEO’s working time could be automated with existing technologies, and nearly 80% of a file clerk’s job could be automated. Their research dovetails with Vardi’s worst-case scenario predictions, however; they argued that as much as 45% of the work people are paid to do could be automated by existing technology.

Vardi said he wanted the gathering of scientists to consider: “Does the technology we are developing ultimately benefit mankind?

Artificial Intelligence

“Humanity is about to face perhaps its greatest challenge ever, which is finding meaning in life after the end of ‘in the sweat of thy face shalt thou eat bread’,” he said. “We need to rise to the occasion and meet this challenge.”

In the US, the labor secretary, Thomas Perez, has told American seaports that they should consider robotic cranes and automatic vehicles in order to compete with docks around the world, despite the resistance of unions. In 2013, two Oxford professors predicted that as much as 47% of the US workforce, from telemarketers to legal secretaries and cooks, were vulnerable to automation.

Dire forecasts such as Vardi’s are not without their critics, including Pulitzer-winning author Nicholas Carr and Stanford scientist Edward Geist. Carr has argued that human creativity and intuition in the face of complex problems is essentially irreplaceable, and an advantage over computers and their overly accurate reputation.

Walking the line between the pessimists and optimists, Martin Ford, author of Rise of the Robots: Technology and the Threat of a Jobless Future, has suggested that automation will come down to politics today, telling National Geographic that if scientists and governments don’t address the issue “for lots of people who are not economically at the top, it’s going to be pretty dystopian”.

Guardian: http://bit.ly/1SnZ8Cs

« Energy Utilities Highly Vulnerable To Cyber Attacks
The Sony Hackers Are Alive And Still Hacking »

CyberSecurity Jobsite
Check Point

Directory of Suppliers

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

CYRIN

CYRIN

CYRIN® Cyber Range. Real Tools, Real Attacks, Real Scenarios. See why leading educational institutions and companies in the U.S. have begun to adopt the CYRIN® system.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

TÜV SÜD Academy UK

TÜV SÜD Academy UK

TÜV SÜD offers expert-led cybersecurity training to help organisations safeguard their operations and data.

Wisegate

Wisegate

Wisegate is a community of IT experts providing advisory services on all areas of IT including security.

Qualys

Qualys

Qualys is a pioneer and leading provider of cloud security and compliance solutions.

UpGuard

UpGuard

UpGuard's discovery engine brings visibility to complex IT environments, enabling teams to identify risk, confirm compliance and make business safer.

Daon

Daon

Daon offers a universal biometric authentication platform for mobile devices.

SKKU Security Lab (seclab)

SKKU Security Lab (seclab)

SKKU Security Lab supports research and education in information security engineering. The lab is a part of the College of Software, Sungkyunkwan University.

NETAS

NETAS

Netas offers solutions in information and communication technologies including end-to-end value added solutions, system integration and technology services to providers and corporations.

Nemko

Nemko

Nemko offers testing, inspection, and certification services worldwide, mainly concerning products and systems, but also for machinery, installations, and personnel.

Next47

Next47

Next47 is a global venture firm, backed by Siemens, committed to turning today's impossible ideas into tomorrow's indispensable industries.

Transmit Security

Transmit Security

The Transmit Security Platform provides a solution for managing identity across applications while maintaining security and usability.

Argentra

Argentra

Argentra is a specialist engineering company, we have years of experience developing custom security software and providing security risk consulting.

Amidas Hong Kong

Amidas Hong Kong

Amidas is your trusted companion on the road to Digital Transformation. We provide a full range of Information Technology Solutions and Professional Services to Enterprise customers.

SandboxAQ

SandboxAQ

SandboxAQ is an enterprise SaaS company combining AI + Quantum tech to solve hard problems impacting society.

CyberCatch

CyberCatch

CyberCatch provides an innovative cybersecurity Software-as-a-Service (SaaS) platform designed for SMBs.

Quarkslab

Quarkslab

Quarkslab is a dedicated team of cyber-security engineers and developers. We aim at forcing the attackers, not the defender, to adapt constantly.

OSP Cyber Academy

OSP Cyber Academy

OSP Cyber Academy are a managed service provider of cyber, information security and data protection training.

MLSecOps Community

MLSecOps Community

The MLSecOps Community is a collaborative space for machine learning security experts and industry leaders to connect and shape the future of AI/ML security.