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Billionaire Jack Ma Says CEOs Could Be Robots in 30 Years, Warns of Decades of 'Pain' From AI (cnbc.com)

Self-made billionaire, Alibaba chairman Jack Ma warned on Monday that society could see decades of pain thanks to disruption caused by the internet and new technologies to different areas of the economy. From a report: In a speech at a China Entrepreneur Club event, the billionaire urged governments to bring in education reform and outlined how humans need to work with machines. "In the coming 30 years, the world's pain will be much more than happiness, because there are many more problems that we have come across," Ma said in Chinese, speaking about potential job disruptions caused by technology. [...] Ma also spoke about the rise of robots and artificial intelligence (AI) and said that this technology will be needed to process the large amount of data being generated today, something that a human brain can't do. But machines shouldn't replace what humans can do, Ma said, but instead the technology community needs to look at making machines do what humans cannot. This would make the machine a "human partner" rather than an opponent.

10 of 287 comments (clear)

  1. CEO's now... by ole_timer · · Score: 4, Funny

    they're already robots - they all act the same and are thoughtless with no souls...

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    nothing to see here - move along
  2. CEO's fear by phantomfive · · Score: 4, Interesting

    btw, why are all the CEOs afraid of AI? Shouldn't they be saying how great AI is, because they know their own jobs are unreplaceable? Or do they know that they are mostly useless dead weight?

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    "First they came for the slanderers and i said nothing."
  3. Re:Like what? by geekmux · · Score: 4, Insightful

    ...It can only get better.

    The problem being outlined here is specifically addressing the automation that will be obliterating human employment in the coming years. Without a drastic shift in how we enable a human to sustain themselves and survive (meaning employment), there will be considerable pain that no robots-do-it-better/faster/safer analysis will be able to overshadow.

    In short, tell me how all it all gets "better" when you and the other 40% of the human race find yourselves unemployable.

    The true problem to solve for is the Problem of Greed.

  4. Re:Like what? by bluefoxlucid · · Score: 5, Insightful

    Technology has always replaced what humans can do. You can hammer a block of hot iron into a knife; or you can have a drop forge do it 1,000 times each hour. It takes about a week to hammer out a proper knife by hand; that means, at minimum wage of $8.25/hr, that knife can cost no less than $330--and that doesn't even include the materials cost for the metal, the tools, the fuel, forge maintenance, and so forth. Much-better knives cost as much as $90 today (I got a Kai Shun Premier VG-10 bladed knife with hand-hammered finish for $99), and high-quality blades (e.g. the Kai Wasabi Black series) can deliver a good-quality, carbon-steel chef's knife for under $30 (you'll have to finish sharpening the blade yourself; they come pretty dull compared to a Kai Shun Premier).

    In many cases, you'll vastly-exceed the performance of a hand-made good with a high-tech industrial process. In most cases, you can sacrifice a small amount of performance to use a much-lower-labor process, making a good that's e.g. 90% as durable, much-more featureful (this tends to stack multiple times, so eventually it's literally tens or hundreds of times as featureful), and 10% as expensive. In some cases, you don't--industrial mills are better than hand-milling wooden planks, and engineered wood is even better. Even hand-made glass can't stack up to precisely-controlled industrial processes using high-grade glass feed stocks and precisely-controlled temperatures--fewer defective pieces, less cracking under temperature transitions.

    You'll also see this pattern in some old companies failing out, e.g. power tools made in China using modern engineering tuned to modern manufacture processes for massive cost savings versus an old manufacturer going out of business because their tools also moved to Chinese manufacture but were then adjusted to manufacture more-cheaply instead of fully-reengineered. The tool designed the ground up cost $100 and lasts 6-8 months under professional use; the tool ported to cheap manufacture still costs $180 and lasts 8-10 months under professional use; and the original, made-in-USA tool cost $300 and lasted 8-10 months under professional use. You're going to save vast amounts of money getting the new Chinese one, which is why DIYers have DeWalt or Porter Cable tools, while professionals have cheap Ryobi tools even though they'll tell you a Porter Cable drill is a much better-made drill.

    We've gone from watchmakers tapping on brass wheels all day to machines pumping out watch parts, and up to machines assembling large mechanisms. We still hand-assemble watches from the major mechanisms, and new machines will do that more-efficiently than humans.

    That's technology. That's what it is. That's what it does. It activates an automated sprinkler so some guy doesn't have to walk all over a 3,000-acre farm with a bucket and a watering can.

  5. Cultural ethics won't allow work-free life by swb · · Score: 3, Interesting

    Look at how bought into the "work ethic" we are and how many people justify what amounts to luck (if not outright criminality) as "hard work" and thus entitlement to moral superiority (up to and including control of others).

    We already treat people who can't work for various reasons as worthless and disposable, I just can't see any transition to robotic work that requires fewer workers resulting in the people who own the robots willing giving away their added profit from automation to displaced workers.

    "Surely they can pull themselves up by their bootstraps, just as I pulled myself up by the straps on my hand-made Italian leather boots bought with my family inheritance money."

    1. Re: Cultural ethics won't allow work-free life by ranton · · Score: 3, Insightful

      So what's different? Why is it so great in some countries, whereas the single-payer systems that exist in America (like the VHA) are so problematic?
      I think healthcare is just a hard problem.

      Visibility. It is quite easy for most of the population to just ignore how we treat our vets. There are less than 10 million VA enrolled veterans which is only around 3% of the population. And veterans are not spread evenly throughout all socio-economic groups, so many more affluent groups are quite separated from groups where veterans are more common.

      This makes it much easier for problems to go unnoticed. If 350 million people were being serviced by a VA like organization, there would be far more pressure to improve.

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      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
  6. Re:Robots are good by TheRaven64 · · Score: 3, Insightful

    The problem isn't robots taking all our jobs, it's robots taking half of our jobs. How do you manage a society in which 50% of the working-age population are contributing essential work for the functioning of civilisation and the other 50% are not able to do anything that a machine can't do better? Unemployment rates of 10-20% are currently seriously problematic for western societies and cause huge economic problems. For some jobs, you can solve it by dividing the work among more people, so you have four people working a 10 hour week instead of one working a 40 hour week, but that doesn't help you to deal with the people who aren't able to do any available jobs.

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    I am TheRaven on Soylent News
  7. The post-scarcity economy is coming either way. by Qbertino · · Score: 4, Interesting

    I think what many people don't get is that the post-scarcity economy is coming, one way or the other.

    Point in case: I do web development in an agency, and while my work isn't always all-out pointless like that of some of my peers who produce power-point presentations (no joke - they produce presentations for a living - we make quite an amount of money of this), I also see clearly that most of my work comes from LAMP and WordPress being so shitty that building something that resembles a useful model often requires hours of custom programming per project. I work part-time, 5 hours/day, so I don't go insane and even that remaining work is mostly a classic "bullshit-job".

    We are moving into an all out cyberpunk post-scarcity economy - that's a plain and simple fact. Meanwhile the luxury problems I have come from cellphone manufacturers artificially inflating phone-storage prices or not offering the exact type of phone I'm looking for, the girls I meet often being to tied up in social media to be useful for quality time and me being to lazy to book my surfing vacation for late summer.

    Money in it's current for is either becoming worhless (negative interest) or being removed alltogether (sharing economy, access culture).

    The problems that await us will stem from people and societies who can't deal with a post-scarcity economy and turn fanatic - religiously, politically or otherwise. That is the problem Jack Ma is probably talking about.

    Other than that I personally see no problem with the rise of robots.
    If we play our cards right, we can have an utopia in a century. But probably the nutbags are going to screw this up again, using religion and/or totalitarianism, as usual.

    My 2 eurocents.

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    We suffer more in our imagination than in reality. - Seneca
  8. Re:CEO's now ... by ranton · · Score: 3, Informative

    If CEO's were actually replaced with robots, it would be because the "old boy's network" has been transitioned to a network of AI executives. The hardest thing to replace about executives is their existing network of contacts. Their decision making could be transitioned to machines, but they lose the ability to sidestep regulations, waiting queues, red tape, or whatever by calling their old Harvard college buddy. I work in the financial industry now, and just two weeks was in a meeting where the IRS was holding us up and we had to go to our CFO. It wasn't his knowledge which removed our problem, it was an old coworker who is now claiming we are at the top of the queue (we shall see). This happens quite frequently.

    What will really make AI CEOs take over is when they start disliking working with companies not run by AI. Once they feel a meat bag cannot be trusted as a business partner, human CEOs are toast.

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    -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
  9. We overestimate what they do and what is needed by gurps_npc · · Score: 3, Interesting

    Humans need food, water, air, warmth, plus an earth like environment. Everything else is just luxury. But almost no one actually works at providing food, water, air, and warmth. We've already automated those jobs away. 90% of what we work to get are luxuries. There is no limit to how much luxury we desire.

    Basically, as we automate our way to more and more luxury, I guarantee we will find specific types of luxury that automation can not easily generate. Those will become more expensive, as they need human labor. Slowly more and more humans will move into those jobs.

    That's how the jobs called: chef, clothing designer, wine sommelier, actor, game programmer, etc. were all created.

    Here is a list of some of the very few luxury problems that I doubt automation can solve sufficiently to eliminate the jobs.

    Medical research, anything related to dating determining which book to publish, and employment finding.

    These are all things that we have tried to automate away and failed and MISERABLY. Medical research is an art, dating web sites barely even try to do more than hook you up for sex, Harry Potter was rejected by multiple book publishers for being too long, most people find work through friends.

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    excitingthingstodo.blogspot.com