00:08 — This episode is brought to you by the Cloud Wars Expo. This in-person event will be held June 28th to 30th at the Moscone Center in San Francisco, California.
00:30 — As AI is proliferating more and more into society, interactions, and technology, it’s becoming more apparent that AI is suffering from our human flaws.
00:56 — Diane Coyle, author of Cogs and Monsters and economist at Cambridge University, argues that the digital economy requires new ways of thinking about progress.
01:17 — Inequality problems could become a roadblock to deploying AI. Diane highlights disruptions and that these transformative technologies are changing the way we spend our time every day. Further, this changes business models that succeed.
01:50 — AI is not slowing down. For instance, the growth rate for the AI market is projected to expand at a CAGR of 38% between now and 2030.
02:07 — In the 1950s, Alan Turing sparked this phenomenal AI growth with the simple premise of testing whether a machine is intelligent and can imitate a person.
02:40 — Erik Brynjolfsson, director of the Stanford Digital Economic Lab, wrote that the way AI researchers and businesses have focused on building machines to replicate human intelligence has certain pros and cons.
03:02 — As AI continues to expand, will it hinder job growth or will it exacerbate the inequality? There is a fine balance between AI growth and the transformative power that it has.
Looking for real-world insights into hyperautomation? Subscribe to the Hyperautomation channel: