Slashdot Mirror

Citing "significant" new corporate investments in AI technology, futurist Gary Grossman argues that AI "may be the fastest paradigm shift in the history of technology -- and warns there's a counter-argument to the theory that AI will create as many jobs as its displaces. "The other view is that this time is different, that we are not just automating labor but also cognition and many fewer people will be needed by industry." KPMG claims more than half of business executives plan to implement some form of AI within the next 12 months... The disruption is already beginning, with fully 75% of the organizations KPMG surveyed expecting intelligent automation to significantly impact 10 to 50% of their employees in the next two years. A Citigroup executive told Bloomberg that better AI could reduce headcount at the bank by 30%. In the face of all this change, many companies publicly state that AI will eliminate some dull and repetitive jobs and make it possible for people to do higher-order work. However, as a prominent venture capitalist relayed to me recently on this topic: "most displaced call center workers don't become Java programmers." It is not only low-skilled jobs that are at risk. Gartner analysts recently reported that AI will eliminate 80% of project management tasks....

A New York Times article noted that while many company executives pay public lip service to "human-centered AI" and the need to provide a safety net for those who lose their jobs, they privately talk about racing to automate their workforces "to stay ahead of the competition, with little regard for the impact on workers." The article also cites a Deloitte survey from 2017 that found 53% of companies had already started to use machines to perform tasks previously done by humans. The figure is expected to climb to 72% by next year.... The net of this dynamic is that workers are not a major factor in the economic calculus of the business drive to adopt AI, despite so many public statements to the contrary.

So perhaps it's not a surprise when the Edelman 2019 AI survey shows a widely held view that AI will lead to short-term job losses with the potential for societal disruption and that AI will benefit the rich and hurt the poor.
He also shares a sobering quote from historian, philosopher, and bestselling author Yuval Noah Harari on why Silicon Valley supports Universal Basic Incomes.

"The message is: 'We don't need you. But we are nice, so we'll take care of you.'"

The Electronic Frontier Foundation has published a new report calling for a "fiber for all" plan to combat the broadband access crisis in the United States. Government data and independent analysis show we are falling behind the rest of the developed world in this area, and "the U.S. is the only country that believes having no plan will solve this issue," writes Ernesto Falcon from the EFF. "We are the only country to completely abandon federal oversight of an uncompetitive, highly concentrated market that sells critical services to all people, yet we expect widely available, affordable, ultra-fast services. But if you live in a low-income neighborhood or in a rural market today, you know very well this is not working and the status quo is going to cement in your local broadband options to either one choice or no choice." From the report: Very small ISPs and local governments with limited budgets are at the frontline of deploying fiber to the home to fix these problems, but policymakers from the federal, state, and local level need to step up and lead. At least 19 states still have laws that prohibit local governments from deploying community broadband projects. Worst yet, both AT&T and Verizon are actively asking the FCC to make it even harder for small private ISPs to deploy fiber, so that the big incumbents can raise prices and suppress competition, a proposal EFF has urged the FCC to reject.

This is why we need to push our elected officials and regulators for a fiber-for-all-people plan to ensure everyone can obtain the next generation of broadband access. Otherwise, the next generation of applications and services won't be usable in most of the United States. They will be built instead for markets with better, faster, cheaper, and more accessible broadband. This dire outcome was the central thesis to a recently published book by Professor Susan Crawford (appropriately named Fiber) and EFF agrees with its findings. If American policymakers do not remedy the failings in the US market and actively pursue ways to drive fiber deployment with the goal of universal coverage, then a staggering number of Americans will miss out on the latest innovations that will occur on the Internet because it will be inaccessible or too expensive. As a result, we will see a worsening of the digital divide as advances in virtual reality, cloud computing, gaming, education, and things we have not invented yet are going to carry a monopoly price tag for a majority of us -- or just not be accessible here. This does not have to be so, but it requires federal, state, and local governments to get to work on policies that promote fiber infrastructure to all people. Most of the talk lately has been about 5G networks, but the less-spoken truth about these networks is that they need dense fiber networks to make them work. "One estimate on the amount of fiber investment that needs to occur is as much as $150 billion -- including fiber to the home deployments -- in the near future, and we are far below that level of commitment to fiber," the report says.

An anonymous reader writes: Deciding which streaming outlet you want to subscribe to can be just as hard as finding a show itself. With options from big players like Netflix, HBO Now, Hulu, Showtime, Amazon and YouTube Premium -- and looming new platforms from the likes of Disney, Apple, AT&T and NBCUniversal -- consumers are already starting to grow frustrated with the crowded streaming marketplace as "subscription fatigue" sets in, according to Deloitte's 13th edition of its Digital Media Trends survey.

Viewers are taking advantage of these options: the average video consumer subscribes to three video streaming services, said Deloitte. But they're growing frustrated over just how many options they have. Nearly half of those surveyed, at 47 percent, said they are frustrated by the growing number of subscriptions and services to watch their shows. And this audience grows attached to the content: 57 percent of consumers said it frustrates them when shows and movies disappear from their streaming libraries.

clustro writes "Deloitte predicts that 8-character passwords will become insecure in 2013. Humans have trouble remembering passwords with more than seven characters, and it is difficult to enter long, complex passwords into mobile devices. Users have not adapted to increased computing power available to crackers, and continue to use bad practices such as using common and short passwords, and re-using passwords across multiple websites. A recent study showed that using the 10000 most common passwords would have cracked >98% of 6 million user accounts. All of these problems have the potential for a huge security hazard. Password vaults are likely to become more widely used out of necessity. Multifactor authentication strategies, such as phone texts, iris scans, and dongles are also likely to become more widespread, especially by banks."

CowboyRobot writes "As budgets are pinched by reduced tax collection, many U.S. states are facing a possibility of not being able to handle the ever-increasing number of data breaches. 70% of state chief information security officers (CISOs) reported a data breach this year, each of which can cost up to $5M in some states. 'Cybersecurity accounts for about 1 to 2 percent of the overall IT budget in state agencies. ... 82 percent of the state CISOs point to phishing and pharming as the top threats to their agencies, a threat they say will continue in 2013, followed by social engineering, increasingly sophisticated malware threats, and mobile devices.' The full 2012 Deloitte-National Association of State Chief Information Officers (NASCIO) Cybersecurity Study is available online (PDF)."

Atypical Geek writes "Charles Lane, writing for Slate, argues that subsidies for electric cars are an example of 'limousine liberalism' — a lavish gift for well-off Americans to buy expensive cars for the sake of appearing green. From the article: 'How rarefied is the electric-car demographic? When Deloitte Consulting interviewed industry experts and 2,000 potential buyers, it found that from now until 2020, only "young, very high income individuals" — from households making more than $200,000 a year — would even be interested in plug-in hybrids or all-electric cars.' Lane also takes issue with the billions of dollars in subsidies offered to automakers for the manufacture of batteries, arguing that research (warning, PDF) concludes that the money will not help in jump-starting the economies of scale that will drive down prices. At least, not as much or as quickly as the President has argued."