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Applied AI Digest Review 2016

See the most impactful artificial intelligence news of 2016.

Applied AI Digest is a weekly email curated by BootstrapLabs to share the latest insights and innovations happening in the field of Artificial Intelligence.

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Job Automation Predictions from 2016 Silicon Valley Survey

This article was originally published on http://techemergence.com/ and it`s the result of a collaboration between BootstrapLabs and Techemergence.


Job automation predictions from an individual expert typically draw from years of academic research experience, or time “in the trenches” of industry. With growing interest and speculation on the job market of the next decade, we set out to garner a perspective as to what Silicon Valley thinks about the possibilities of automations in various business tasks.

We wanted to know – what work functions have the most potential for near-term automation?

In the infographics and article below, we explore the survey responses from nearly 80 Bay Area investors, founders, and tech folks – on which business functions have the greatest potential for automation today, and in the coming five years ahead.

Together with San Fransisco-based venture firm BootstrapLabs, we designed a simple survey that was handed out during their “Autonomous Corporation” event in November 2016. Below are the responses to this survey, and our interpretations and gleaned ideas:

bootstraplabs-automated-corporation

Automation Predictions – Current

It is interesting to note all three groups of respondents considered business intelligence to be the business function with the most current automation potential.

Similarly, investors, founders, and “other” respondents were also unanimous in ranking human resources as the business function with the least current automation potential. It seems plausible that job automation in the HR department is less likely than the BI department, and that the predictions of our respondents would reflect this.

A uniform response for “highs” and “lows” was not expected, and seems to signal that there is strong shared sentiment around those two particular business functions.

While there seemed to be relative consensus around business intelligence, human resources, and marketing, other business functions – such as security and finance – didn’t have the same uniform optimism or pessimism across respondent groups.

Automation Predictions – 5 Years Out

It seemed highly unlikely from the outset, but one major trend resounded from the “Current” survey section to the responses in the “5 Year Future” section: Business intelligence again ranked highest amongst all options by all three groups, and human resources again ranked dead last for all three groups as well.

Based on the survey size (78 respondents, about one third investors, one third founders, one third “other”), this is by no means conclusive. There are no “conclusive” predictions in the first place (good startup idea though, someone should work on that). Rather, this seems

Manufacturing stands out as a major outlier from “current” to “5 years out.” Ranked among the lowest areas of current automation, manufacturing jumped ahead to nearly overtake business intelligence for the area of most optimism in the coming five years. It is possible that this is due to the heavier hard-cost investment of industrial manufacturing processes as compared to domains like business intelligence, marketing, of finance – where “automation” never has to reach it’s robot arms into the real world.

It is interesting to note that the current industry trends in funding AI and machine learning doesn’t seem to provide much evidence for heavy investment in manufacturing, so we might presume that the optimism of the investors and founders in the crowd spawned from another source.

Read more at: http://techemergence.com/job-automation-predictions-silicon-valley-survey/

Applied AI Digest

Applied AI Digest 32


The latest Data, Insights, and Inspiration about Applied AI

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Pittsburgh, your self-driving Uber is arriving now

Introducing Salesforce Einstein – AI for Everyone

Powered by advanced ML, deep learning, predictive analytics, natural language processing and smart data discovery, Einstein’s models will be automatically customized for every single customer, and it will … read more.

Angel.ai, a company that builds chat bots, acqui-hired by Amazon

The e-commerce giant confirmed that Angel.ai co-founder and CEO Navid Hadzaad has joined the company. “I can confirm that Navid started at Amazon, and that his first day was yesterday. Read more.

Infographic: The bot platform ecosystem

Behind the recent bot boom are big improvements in artificial intelligence and the rise of ubiquitous messaging services. In the graphic below, I’ve listed some of the most important AI.. read more.

Need Some AI? Yeah, There’s a Marketplace for That

It’s a legitimate worry. Elon Musk and Sam Altman are worried about the same thing. That’s why they created a startup called OpenAI. Read more.

Google acquires natural language understanding startup Api.ai

Google today said that it has acquired API.ai, a startup with tools for speech recognition and natural language understanding. Terms of the deal were not disclosed. Read more.

 

Come see our previous newsletters

Applied AI Digest is a weekly email curated by Luigi Congedo and the BootstrapLabs team to share the latest insights and innovations happening in the field of Artificial Intelligence. 


Please help us to grow the community by forwarding this email to your friends who are interested in learning more about AI.

Feel free to forward this email or share it with your network.

 

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The Autonomous Corporation presented by BootstrapLabs

Thank you to the Autonomous Corporation attendees!

 

We hope that you found the conference informative and enjoyed the networking during the event.

Seeing all of you hanging out until the end of the event made our team proud of their work and strongly encouraged us to keep working hard evangelizing AI around the world.

 

At BootstrapLabs, we believe that innovation and progress will happen at an accelerated pace in all corners of the globe, and that bringing people together around their shared passion for AI will drive positive impact in our world!

 

As many of you have been asking, we would like to officially announce that we have started working on next year’s Applied AI Conference 2017 (Check out the Applied AI Conference 2016 here) and will soon share more information about date, location and speakers line-up.

 

Below you can find some social media posts about the Autonomous Corporation event:

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Announcing The Autonomous Corporation

The Autonomous Corporation

We stand in front of the 4th and largest wave of the industrial revolution, powered by AI and Data. This is the biggest opportunity so far for innovation and entrepreneurship, and every single industry will be disrupted and redefined by companies that are not yet even born.

With the AI market projected to grow over 20 fold in the next 10 years to $3Tn annually, we believe Applied Artificial Intelligence represents one of the major wealth creation opportunities of this century.

Any system that is not learning will soon die, and applying AI to new or existing systems will extend and accelerate societal improvement.

AI-driven systems will soon be able to build better, more efficient products that scale and solve problems in ways that have not been possible before. While everyone is talking about Autonomous Vehicles, we want to talk to you about the Autonomous Corporation, where most actions will be automated, decisions autonomously taken and where outcome will be learned from to continuously improve results. We are moving away from the world of Automated Systems and stepping into a world of Autonomous Systems.

 

The power of AI is about leveraging technology and big data, automating repetitive mechanical tasks, capturing more data from the real world, and ultimately empowering humans with actionable intelligence, rather than replacing them, and finally changing our world for the better!

Join us @ BootstrapLabs HQ for an exciting evening with the leaders of the Autonomous Revolution!

Space is very limited and we expect to reach full capacity quickly.

AGENDA

17:45 – 18:15: Registration
18:20 – 18:25: Welcome message
18:20 – 19:00: “The Autonomous Corporation” Keynote and Fireside Chat

  • Dr. Danny B. Lange, Head of Machine Learning at Uber
  • Ben Levy, Co-Founder at BootstrapLabs

19:00 – 20:00: “Enabling The Autonomous Corporation: AI Founders Insights”

  • Sabrina N. Atienza, Founder at Qurious.io
  • Alex Holub, Co-Founder at Vidora
  • Cathrine Andersen, Co-Founder at Roger.ai

20:00 – 20:30: “Drinks & Networking”


Meet speakers and companies presenting:

 

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Keynote: Dr. Danny B. Lange, Head of Machine Learning at Uber
Moderator: Ben Levy, Co-Founder, BootstrapLabs

19:00 “Enabling The Autonomous Corporation: AI Founders Insights”

 Autonomous Corporations AI Leaders Insights

Sabrina N. Atienza, Founder at Qurious.io

Alex Holub, Co-Founder at Vidora

Cathrine Andersen, Co-Founder at Roger.ai

See you on November 15th!

BootstrapLabs Autonomous Corporations