A Survival Guide for the Coming AI Revolution

In computer vision, features are the parts of an image that are used to classify an object. For example, the nose, ears and tail may be used as features to distinguish that a picture is a cat. (Modified from pixabay.com)

 

If the popular media are to be believed, artificial intelligence (AI) is coming to steal your job and threaten life as we know it. If we do not prepare now, we may face a future where AI runs free and dominates humans in society.

The AI revolution is indeed underway. To ensure you are prepared to make it through the times ahead, we’ve created a handy survival guide for you.

Step 1: Recognizing AI

The first step in every conflict is knowing your target. It is crucial to acknowledge that AI is not in the future; it is already here. Continue reading

Mass Layoffs To Return With A Vengeance

Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival.

Then the Fed and the US government flooded the banks and the corporate sector with bailouts and handouts. With those giga-tons of liquidity sloshing around, as well as taking on massive amounts of new cheap debt, companies were able to finance their working capital needs, hire workers back, and even buy-back their shares en mass to make themselves look deceptively profitable. The nightmare of 2008 soon became a golden era of ‘recovery’.

Well, 2016 is showing us that that era is over. And as stock prices cease to rise, and in fact fall within many industries, layoffs are beginning to make a return as companies jettison costs in attempt to reduce losses. Continue reading