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Your Job Taught to Machines Puts Half U.S. Work at Risk


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2014 Mar 17, 10:23pm   491 views  2 comments

by jojo   ➕follow (2)   💰tip   ignore  

http://mobile.bloomberg.com/news/2014-03-12/your-job-taught-to-machines-puts-half-u-s-work-at-risk.html

Who needs an army of lawyers when you have a computer? When Minneapolis attorney William Greene faced the task of combing through 1.3 million electronic documents in a recent case, he turned to a so-called smart computer program. Three associates selected relevant documents from a smaller sample, teaching their reasoning to the computer. The softwares algorithms then sorted the remaining material by importance. We were able to get the information we needed after reviewing only 2.3 percent of the documents, said Greene, a Minneapolis-based partner at law firm Stinson Leonard Street LLP.

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1   Rin   2014 Mar 17, 11:23pm  

Here's my favorite half-truth/lie by Ng ...

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"There will always be work for people who can synthesize information, think critically, and be flexible in how they act in different situations,” said Ng, also co-founder of online education provider Coursera Inc. Still, he said, “the jobs of yesterday won’t the same as the jobs of tomorrow.”

Workers will likely need to find vocations involving more cognitively complex tasks that machines can’t touch. Those positions also typically require more schooling, said Frey. “It’s a race between technology and education.”
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The best example is from the field of medicine. Diagnostic Neurology has more analytics than let's say Dermatology, General Surgery, and a slew of other areas, however, it pays the least of the internal medicine areas, aside from pediatrics and GP.

Basically, all that a neurologist can charge is some 'consultation' fee because there aren't enough procedures which can be pushed onto patients, aside from referring them to a surgeon.

2   Rin   2014 Mar 17, 11:23pm  

Rin says

all that a neurologist can charge is some 'consultation' fee

*Hint: Ppl don't get paid to think. That's the lie of academia, where ppl are lifelong low paid postdocs.

If you want to think for a living, you need to be financially independent.

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