“The Effects Of This Technology Will Change The Economics Of Virtually Every Industry”

We’ve heard it before, but Anthony Wing Kosner of Forbes makes a compelling case that AI and Deep Learning are set to mature at a blinding pace, investment in these sub-sectors having reached critical mass. The opening:

“Despite what Stephen Hawking or Elon Musk say, hostile Artificial Intelligence is not going to destroy the world anytime soon. What is certain to happen, however, is the continued ascent of the practical applications of AI, namely deep learning and machine intelligence. The word is spreading in all corners of the tech industry that the biggest part of big data, the unstructured part, possesses learnable patterns that we now have the computing power and algorithmic leverage to discern—and in short order.

The effects of this technology will change the economics of virtually every industry. And although the market value of machine learning and data science talent is climbing rapidly, the value of most human labor will precipitously fall. This change marks a true disruption, and there are fortunes to be made. There are also tremendous social consequences to consider that require as much creativity and investment as the more immediately lucrative deep learning startups that are popping up all over (but particularly in San Francisco.).”

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