4 ms·

of course those same execs aren't smart enough to realise that then their jobs will be the next ones replaced

pcunite 11y ago
The people that do these things have this thought in common: "won't happen to me and not in my lifetime"
nickpsecurity 11y ago
It won't happen. They're likely to be affected most by outsourcing and only the less critical ones. The CEO's, COO's, board members, and so on use their connections and clout to maintain both their jobs and high pay. They'll exempt themselves from whatever trend exists just like they always have. Middle and lower management, on the other hand, have plenty to worry about.
- hobs 11y ago
  Dont be silly, the main reason you have legions of people is to manage other legions of people, and to be local brains for you, which you then automate out. Really, why would a business need more than one person/idea nexus in a world where robotics and true AI exist? So you can have a financial strategy? To help advise you on something like a complicated financial instrument, which a computer intelligence would find as simple as a toy? To give you legal interpretations?
  - nickpsecurity 11y ago
    Only one of us is being silly suggesting that any existing or near-term AI can replace C-level executive's skills. Those include management of scheming managers, business analysis/strategy, bribing/wooing politicians, overseeing negotiations like TPP, PR against the masses, and especially keeping Directors happy on the golf courses. Far as your financial instrument, computer intelligence wouldn't understand it at all because it's not good enough. Instead, you'd likely have a system whose inputs are curated by humans, using rules/algorithms made by humans, and whose output is checked by humans. Like Blackstone's Aladdin. ;) So, keep dreaming about this fictitious world where machines come close to the skills of big boys on top or Wall St. They're only useful if it's something expert systems or machine learning can handle. That's really narrow. There's money in it, though, in case of HFT or BPM consulting.

The people that do these things have this thought in common: "won't happen to me and not in my lifetime"

It won't happen. They're likely to be affected most by outsourcing and only the less critical ones. The CEO's, COO's, board members, and so on use their connections and clout to maintain both their jobs and high pay. They'll exempt themselves from whatever trend exists just like they always have. Middle and lower management, on the other hand, have plenty to worry about.

hobs 11y ago
Dont be silly, the main reason you have legions of people is to manage other legions of people, and to be local brains for you, which you then automate out. Really, why would a business need more than one person/idea nexus in a world where robotics and true AI exist? So you can have a financial strategy? To help advise you on something like a complicated financial instrument, which a computer intelligence would find as simple as a toy? To give you legal interpretations?
- nickpsecurity 11y ago
  Only one of us is being silly suggesting that any existing or near-term AI can replace C-level executive's skills. Those include management of scheming managers, business analysis/strategy, bribing/wooing politicians, overseeing negotiations like TPP, PR against the masses, and especially keeping Directors happy on the golf courses. Far as your financial instrument, computer intelligence wouldn't understand it at all because it's not good enough. Instead, you'd likely have a system whose inputs are curated by humans, using rules/algorithms made by humans, and whose output is checked by humans. Like Blackstone's Aladdin. ;) So, keep dreaming about this fictitious world where machines come close to the skills of big boys on top or Wall St. They're only useful if it's something expert systems or machine learning can handle. That's really narrow. There's money in it, though, in case of HFT or BPM consulting.