The AI/ML Demand Explosion, Now in Charge of Hiring

[Arthur Hanson]

This is just the very, very tip of AI becoming all powerful, like out of a science fiction movie. AI is moving ahead at an ever faster clip as more and better resources are applied to it. This is going to power a growing market for semis and nanotechnology even greater than the personal computer and smart phone adoption. The uses of AI in almost everything we touch gives it a versatility that we haven't even started to see the limits of. Below is just one example of this and we will see it expand into areas we don't even know about yet, for they don't exist. This trend will feed on itself and be compounding at a rate no other technology has in human history. This AI/ML wave will soon start driving demand from end to end of a ecosystem that will grow at a rate unmatched by any endeavor or business in human history. It will even be integral in taking us to new frontiers under the ocean, under ground and into space. The social changes will have to be handled with care for it will have a destructive power that will be unmatched by any weapons the military has, with fewer controls since it will be far more widespread. These forums are an ideal place to start the discussions on how to handle the future before us. This race will drive a demand for physical and virtual products unmatched in human history and it is going to start to take off soon and create demand for a whole host of products currently made, but even more that don't even exist yet. The speed of this revolution will also be unmatched in human history as we are already seeing.

If China, Europe and the US could get together and decide to work together and maximize this trend, it has the capability of changing even the current economic mess for the better. Getting the three major powers to cooperate and collaborate is in everyone's interest. Sadly, most of the so called leaders of the world are about their own short sighted legacies. It's time to put differences aside and deal with our mutual problems or maybe an AI force should take over the world like in the science fiction movies.

Opinions, thoughts and comments wanted since my views are contrary to the current gloom and doom scenarios out there, which I feel we are in a transition period, although painful, temporary if handled properly

Reference material

The Amazing Ways How Unilever Uses Artificial Intelligence To Recruit & Train Thousands Of Employees

A radical new neural network design could overcome big challenges in AI - MIT Technology Review

Nine charts that really bring home just how fast AI is growing - MIT Technology Review

China has never had a real chip industry. Making AI chips could change that. - MIT Technology Review

 

[Daniel Payne]

I graduated college in 1978 and AI was being hyped back then too, most famously in 1982 Japan announced to the world their 5th Generation Project for AI, a massive failure.

Fifth generation computer - Wikipedia

IoT, blockchain and Bitcoin were the over-hyped technologies from the past few years, and I'd say that AI is at the top of the over-hype peak in 2018.

Yes, I love that I can talk to my phone and get a decent answer, or that Facebook can automatically identify the faces of me and my friends from our photos, and that a handful of EDA tools run smarter instead of brute force, but I'm not drinking the AI kool-aid today.

 

[Arthur Hanson]

Dan, Thanks for you opinion and insights. What is your opinion on the 300,000 researchers, adding about 15,000/year and progress towards AI/ML? Do you have any time line in mind when we might see AI start to implemented on a widespread scale? Will China win this one by brute force of resources in time, money, people and access to more data than any other power? I personally feel 5G and AI will rise in tandem. I value your opinions and insights highly.

Also do you have any thoughts on progress accelerating? I feel we are doubling our rate of progress about every eight years, doing in one year what used to take two years. Part of this in vertical in existing areas and part is horizontal into new areas. Any thoughts or comments by anyone deeply appreciated on this.

 

[Daniel Payne]

Arthur,
My take is that AI will gradually be applied to multiple domains and industries. I would love AI to be applied to every automated answering system in the world, so that i never again have to press 1 for English.

China certainly produces more Computer Science and Electrical Engineering majors every year than the rest of the world combined, so it's possible that companies and the military in China will take an interest in building up their own AI-based technologies, instead of stealing the code and doing joint ventures where they steal the code.
,
5G gets a lot of press, just like AI, but the cost and time to build out a nation-wide 5G network is substantial, so I expect it to grow modestly and gradually. Most cell phone users are not willing to accept pay hikes just because 5G is faster, so I'm not sure how the vendors are going to finance the 5G build out challenge.

One accepted measure of progress that economists use is GDP, and I certainly don't see an acceleration in GDP world wide, yes China has a much higher GDP growth than the US does because people in China are buying their very first homes, cars and appliances, just like the US economy did after WW II. I just see single digit GDP growth on a worldwide scale.

• Growth of the global gross domestic product (GDP) 2022 | Statistic

 

[Arthur Hanson]

Dan, for AI/ML I don't think GDP will be the standard measure for it will be about displacement. Just like costs haven't gone up as much as functionality and quality. Autos are but one example, when you figure the advanced technology applied at an accelerating rate, the cost/performance(in several areas, lifespan, MPG, performance, utility, etc.). Cutting the cost of US medical substantially is possible if special interest don't buy off the government, just by transparency and advanced diagnostics that currently take 65% of a doctors job and AI beats them by a huge substantial cost and time saving in almost every area they are applied and medical currently takes almost 20% of our GDP and growing while dropping from 35th in quality to 37th in just a few years. Technically if AI reduced medical cost, it would actually reduce GDP.