Category Archives: Automation

AI and Automation: Predictions, Perceptions, and Proposals

Treasury Secretary Steve Mnuchin declared last week that the threat of artificial intelligence taking over American jobs “is not even on my radar screen.” Mnuchin is “not worried at all,” at least not for the next 50 to 100 years. This was … Continue reading

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The AI and Automation Buzz

CB Insights: Media buzz around AI, robotics, and automation increased significantly towards the end of 2016. JP Gownder, Forrester: The forward march of automation technologies — which include hardware (e.g. robots, digital kiosks), software (e.g. AI), and customer self-service (e.g. … Continue reading

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AI and Automation: Where Machines Could Replace Humans

Source: MGI

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Fintech Disruption, Automation, and Incumbents

Financial Times: To both cut costs and keep hiring the best client-facing bankers, the Wall Street firm plans to replace many back-office roles, such as in data collection and processing, with computer systems that can do the same job quicker, … Continue reading

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In Praise of Automation

The McKinsey Global Institute: The automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. Automation also contributes to productivity, as it … Continue reading

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Look Ma, No Drivers: Transportation Automation

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#FinTech Disruption: What Happens Every Hour

HT: @obussmann

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45% of work activities can be automated including those performed by highest-paid occupations

McKinsey: …our research suggests that as many as 45 percent of the activities individuals are paid to perform can be automated by adapting currently demonstrated technologies.4 In the United States, these activities represent about $2 trillion in annual wages. Although … Continue reading

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Driverless Cars: A Misguided 20th Century Idea

IEEE Spectrum: A vision of fully autonomous, self-driving cars allowing human owners to nap or read in the car seems to come from the future. But David Mindell, a historian and electrical engineer at MIT, says that the idea of such … Continue reading

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Connected Cars: A History of Security Vulnerabilities

Chris Poulin, IBM, on Tech Crunch: A Short History Of Car Vulnerability Research In 2010, researchers from the University of Washington and University of California, San Diego published a seminal paper proving that once an attacker has physical access to a … Continue reading

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