winning the race with ever-smarter machines · • the second machine age: work, progress, and...

16
Winning the race with ever-smarter machines Submitted to: Submitted by: Prof. Dr. Eduard Heindl Priyank Panthari

Upload: others

Post on 24-Jun-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Winning the race with ever-smarter machines

Submitted to: Submitted by:

Prof. Dr. Eduard Heindl Priyank Panthari

Page 2: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

AGENDA

• The article

• The New Division of Labor

• DARPA Grand Challenge

• Watson

• Technologies to Watch

• Competing using machines

• Fostering Organisational Innovation

• Skills that will remain in demand

• Conclusion

Page 3: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Article

Winning the Race With Ever-Smarter Machines

Associate director of the MIT Center for Digital Business

Director of the MIT Center for Digital Business

Erik Brynjolfsson Andrew McAfee

Page 4: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

The New Division of Labor ’The New Division of Labor’ is a book by economists Frank Levy and Richard Murnane, which discusses the comparative capabilities of computers and human workers. The question is ‘Why people still matter? ‘ Here authors present a spectrum of information processing tasks. On one end they have: straight forward application of

existing rules. For eg. 2+ 2= ?

On the other side they have pattern recognizing tasks where the rules can‘t

be inferred. e.g. Driving a truck

Pattern recognition tasks are not automatable.

Page 5: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

DARPA Grand Challenge 2004 DARPA (Defense Advanced Research Projects Agency) Grand Challenge is a field test to accelerate research and development in autonomous ground vehicles that will help save American lives on the battlefield. The Challenge: Build a ‘driverless’ vehicle that could navigate a 142 miles route through Mojave Desert.

Result: The ‘winning team’ could only make 8 miles before failing!

Conclusion: The results support the findings of Levy and Murnane that pattern recognizing tasks are not automatable.

Page 6: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Challenge Accepted: Google

In 2010, Google completed the challenge and in the real world driving scenario. The ‘Google driverless cars’ drove 1000 miles unaided and over 140,000 miles with minor inputs from drivers. The cars were driven on the routes on which data had been collected and fed into the systems.

Inference: It is not easy to build a computer that can substitute human perception and pattern matching in complex scenarios.

Not easy but possible and this challenge is being met!

Page 7: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Watson? "America's Favorite Quiz Show“ The show features a quiz competition in which contestants are presented with general knowledge clues in the form of answers, and must phrase their responses in the form of questions.

IBM Watson, a cognitive system that enables a new partnership between people and computers that enhances and scales human expertise.

Page 8: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Technologies to Watch Automated vehicles

Inexpensive Industrial Robots

Voice recognition & translation software

Sophisticated automated response systems

Page 9: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Competing using Machines Man Vs Machines: With the advent of Industrial Revolution the question was ‘Will Machine replace Man?’ The answer to this question is what we have witnessed over last decades. Man can’t compete with raw power of machines but human skills such as locomotion, dexterity, coordination, pattern making and creativity can’t be replaced completely.

Adams vs Hydra: 0.5 – 5.5 Arno Nickel vs Hydra: 2.5 – 0.5

Winning Formula: Human strategic guidance + Tactical acuity of a computer

Page 10: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Fostering Organizational Innovation Smart ways companies are mixing human and machine capabilities

• Creating processes that combine the speed of technology with human insight

Task: Predict the future demand. Solution:

Electronic forms Store Managers Accurate forecasting

• Let humans be creative and use technology to test their ideas

Task: Find the best pacakging ideas Solution:

Page 11: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Fostering Organizational Innovation • Leverage IT to enable new forms of human collaboration and commerce

Developed by University of Washington. People compete to fold and manipulate molecules. The UW researchers credited these players with decoding the structure of AIDS –like virus!

Online marketing platforms

• Use human intelligence to apply IT for optimal processes

Assurant solutions, sells credit insurance and debt protection systems. They had an optimised call center system which automatic call routing based on subject. But with insights from Mathematicians they could find that particular service reps ‘connected’ better with particular type of callers. With this knowledge, success rate of calls

was almost tripled.

Page 12: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

• Once people develop new, improved processes, use IT to propogate those processes

Fostering Organizational Innovation

Test branch 4000th branch

Overall customer satisfaction scores increased from 86 to 91

Page 13: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Skills that will remain in demand

• Applied math and Statistics

• Negotiation and group dynamics

• Good writing

• Persuasion

• Human interaction and nuturing

Page 14: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Conclusion

• To win the race of sustainable progress and development we need not to compete with the machine, but rather win the race with them on our side.

• The skills and capabilities of human being and machines are complementary in nature to each other and it is this synergy which needs to be focussed on.

• All aspects of human life, like business, health care, sciences etc, can be made better with use of machines.

Page 15: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee

Further reading

• Wired for Innovation: How Information Technology Is Reshaping the Economy: By Adam Saunders, Erik Brynjolfsson, MIT Press, Sep 11, 2009

• The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee , W. W. Norton & Company, Jan 20, 2014

• Artificial Intelligence and Business Management: By Derek Partridge, Khateeb M. Hussain, Intellect Books, 1992

Page 16: Winning the race with ever-smarter machines · • The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies: By Erik Brynjolfsson, Andrew McAfee