Artificial Intelligence continues to transform how we all work, think, live, communicate and play... connecting people, machines and data.
As we begin the journey into the 4th industrial revolution (Industry 4.0), we continue to automate process' of predictable, routine work and leverage greater access to data and intelligence enabled by the Internet of Things (IoT) digitising and integrating complete chain processes to further grant autonomy to robotics. This gives rise to the disruption of business models creating a competitive market advantage.
Deep learning based on neural networks modelled on the human brain coupled with Machine learning, a set of tools that allow a machine to iteratively learn from data and develop models that have not been specifically programmed by a person will generate better predictions and results compared to traditional human programming.
Access to relevant higher intelligence is becoming a challenge. The world economic forum estimates that ~ 65% of children entering primary school today will ultimately end up working in completely new job types that do not exist yet.
Everywhere around us we are carrying out repetitive work that can be automated, yet we continue to waste human effort on tasks that can be automated rather than concentrating human effort towards areas that are experiencing shortages where human effort is most valuable. These areas are ripe for automation. Skills shortage exist in areas of growth such as aged care, managing people. As Darwin says:
"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.