Interview conducted by Kamil Cybulski on May 13, 2018.
Introduction to the interview: There is no month without further reports on investments of global corporations such as Google, Amazon, IBM, Facebook, Apple, Microsoft, Samsung in AI, and multipliers start-ups, which implement projects using ultra-modern, intelligent technologies. Both mainstream media and specialist technology portals are willing to write about the trend. This is accompanied by a traditional discussion about what the dissemination of Artificial Intelligence can lead to. Enthusiasts enumerate the benefits that we can count on in a few or at most a dozen years, mentioning: computers responsive to human facial expressions, emotions and voice; computer systems that independently improve their own performance as a result of subsequent operations on data collections (machine learning); implantable nanobots capable of recognizing and destroying cancer cells; computer decision support systems; “Smart” technologies in our apartments, or autonomous cars. Already today efforts to extend human life, the pursuit of increasingly efficient data processing and the progressive personalization of personal computers are a kind of fuel for global business and cease to be exclusively the imagination of Hollywood directors who have been using AI for years.
I have been watching for years how technologies change our lives. I believe that the next wave of development will be driven by technologies and trends such as Virtual and Augmented Reality, Internet of Things, Robotization and Automation, Artificial Intelligence, Machine Learning and Blockchain.
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Norbert Biedrzycki
Weekend fun: the designer of the neural network will understand a delicate allusion 😉
Simon GEE
Could someone just explain the difference between a decision tree rule system and a Nueral Net? 😂
Norbert Biedrzycki
The difference is vast. Rule-based systems are examples of “old style” AI, which uses rules prepared by humans. Neural networks are examples of “new style” AI, whose mechanism is “learned” by the computer using sophisticated algorithms, and as a result, we humans don’t really understand why it works. While in some cases rule-based systems could be effective, the general trend in AI has been to switch to machine-learning algorithms such as neural networks, due to their much better performance.
Rule-based systems and Artificial Neural Networks are just some of the different algorithms/models that are being used. Other popular approaches are Support Vector Machines, decision trees, ensemble methods, probabilistic graphical models, and there are many others.
Adam Spark Two
All AI is is an abstraction or map of another system. If navigating said map is less expensive than navigating the system it maps, it is said to be intelligent.
Karel Doomm2
Pity not in English
John McLean
Pity
Norbert Biedrzycki
Established banking industry is pouring money into blockchain technology far faster and more steadily, and a likely target of $$400 million during 2019.
JohnE3
It can not be concealed that blockchains and cryptocurrencies are new and conservatives tend to celebrate such inventions with a wide arc, but there are many wealthy people who are very interested in this technology, because even if it enables being anonymous. Even Bill Gates himself admitted to having BTC during one of the interviews. And the Winklevoss brothers and their investments in the crypto? For 10-20 years, cryptocurrencies may forget and maybe conquer the world like email or the internet.
Adam T
Great example
DDonovan
Blockchain has enormous potential also in many other segments, not only finances. Smart Contracts, which are based on the blockchain ethereum protocol, can help in the disgustingly complex system of settlements between the streaming platform and the artist. There are many blockchains – practically every cryptocurrency is a different blockchain. There are many applications for Fintech, banking, supply chain. This is definitely a huge future. And all in all it’s simple enough that a distributed and secure database.
Tom299
Good point indeed. And they are becoming more and more popular
Adam T
Good one 🙂 A very dynamic interview, or rather a conversation. Do not you think that such a wide introduction of technology will cause that:
– people will be replaced by machines – what about jobs for people?
– what alternative – will new jobs be created and what?
– can income help us? Can it be an alternative? The Finnish example is not optimistic – the government withdrew from the project
Would be great to see McKinsey point of view
Norbert Biedrzycki
A lot of good questions. Most of the answers in my blog but in brief:
– jobs: net effect up to 2025 100 million jobs – a huge social and economical issue
– basic income – see my articles and test results of the concept in Finland, US. Perhaps a guaranteed loan or a lifetime job. There is a lot of other ideas in the new economy
John McLean
🙂