Stephen Barber

Reclaiming the Revolution

  • Marcin Grotahas quotedlast month
    are then in a world where those high human skills are in great demand: creativity, innovation, collaboration, adaptability, cultural intelligence and leadership.
  • Marcin Grotahas quotedlast month
    real dilemma that new technology presents: robots enable economic growth but they exacerbate income inequality.
  • Marcin Grotahas quotedlast month
    the tail end
  • Marcin Grotahas quotedlast month
    But it did not. Cleveland became part of what is known as the American Rust Belt. By the 1970s industrial towns and cities in the West declined. Deindustrialisation set in as manufacturing waned and factories were abandoned. Advanced economies, led by the United States, built on the information technologies emerging and evolving, and created service sectors with finance at its heart. Eventually this would power growth, so that by the mid-1990s an economic transformation had taken place. But this was little comfort to those who had relied on old-fashioned work in manufacturing and steel production.
  • Marcin Grotahas quoted2 months ago
    But it could just be that these early experiments in offering a basic income, in New Zealand, the Netherlands as well as Finland and now even Wales,
  • Marcin Grotahas quoted2 months ago
    Individual freedom of thought and action means the possibility of creativity and innovation. And this is the essence of capitalism: good and bad.
  • Marcin Grotahas quoted2 months ago
    But the recruitment engine taught itself something that would ultimately be unpalatable to bosses at Amazon and lead to the programme being closed down. It learned (wrongly) that men were more successful than women. It discovered that most applicants were men and that most job offers were made to men. It became biased against women. The experience was no more objective than when Marianne Bertrand responded to Help Wanted ads in Chicago and Boston a decade earlier using African American names. Only this technology was even better at discriminating.
  • Marcin Grotahas quoted2 months ago
    And it learned by examining huge historic data from resumes submitted over a ten-year period. It was able to use a star system to rank applicants in a way familiar to those who buy products from Amazon’s website and review just how good it was. But the recruitment engine taught itself something that would ultimately be unpalatable to bosses at Amazon and lead to the pro
  • Marcin Grotahas quoted2 months ago
    Indeed, in February 2020, Reuters used an AI prototype to deliver an automated, presenter-led sports report. It offered the potential for fast, efficient reporting and personalisation of news.
  • Marcin Grotahas quoted2 months ago
    the nineteenth century many offices had a ‘computer’, often a young woman, employed to do calculations.
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