Robotisation of Knowledge and Service Work Flashcards
What is AI?
Development of computers to engage in human-like thought processes such as learning, reasoning and self-correction.
What is Machine Learning?
Field of computer science that gives computers the ability to learn without being explicitly programmed.
Systems learning by repetition and feedback of outcome.
Supervised - Learning from past patterns.
Unsupervised - LEarning through trial and error.
Can be a combination of both.
What can an AI age be compared too?
Automation of factory work in the 19 the 19th century.
Workers moved to a higher ground.
Dramatically affected a society which was previously safe from learning.
However, this tech did not have the ability to learn without human intervention/
What is being debated?
Extent of which AI will takeover the workplace.
How many new jobs will AI create.
Give some statistics on potential job disruption because of AI.
Frey and Osborne estimated 47% of jobs could be eliminated in the US.
Bank of England suggested 15 million UK jobs could be lost because of automation.
Arntz found that only 9% of jobs were potentially automatable.
However, history shows new tech creates new jobs and new demands.
What are the fears for AI?
Superintelligence, Robot overlords (Skynet scenario), jobless future, Wall-E dystopia.
What are the hopes for AI?
Humanity unbound and amplified, AI-Human partnership, New scientific age.
What is Availability Bias?
The giving of preference by decision makers to information and events that are more recent and memorable to further fuel an argument. (Fuel skynet/dystopia debate).
What is availability cascade?
A collection of beliefs which are triggered like a chain reaction by a prompt giving an argument unreasonable plausibility in public discourse.
e.g. AI associated with terminator scenarios, job loss etc.
What are the 3 main robot applications in the knowledge and service sector?
Robot assisted work.
Service robots.
Robot Process Automation(RPA).
What is robot assisted work?
Use of robots to help humans undertake tasks or procedures.
Higher degree of accuracy or performance than human alone.
e.g. assisted surgery.
What are service robots?
Robots that provide assistance to humans to complete a physical task.
What is RPA?
Automation of a process where a human: Takes in a lot of electronic data. Processes the data based upon rules. Adds data. Enters this data into a new system.
Give a 5 examples of knowledge jobs that are potentially automatable:
Teacher/Professor (online courses etc.). Accountants (automated audits and tax etc.). Radiologist (automated cancer detection). Financial advisors ('robo-advisors'). Pharma scientists (machine learning and simulation drugs).
What does Davenport think about Automation?
Many knowledge jobs are at risk but these systems will likely need some human overwatch so may need e.g. 8 lawyers instead of 10.
Productivity gains will mean money for retraining.