If you follow AI, you have probably read about what happened when chess and Go masters were matched against AI using deep learning. To put it politely, AI humbled the mere mortals. Yann LeCun, a professor at NYU and a scientist affiliated with Facebook, recently co-shared the Turing Award (1 million USD) for his role in the development of deep learning.
Due to emerging technologies, most sectors of the economy are expected to undergo a transformation over the next several decades, and manufacturing is no exception. As a result, manufacturing executives will have to make costly and crucial decisions on how to invest in the manufacturing revolution for their own manufacturing facilities. This could be is great news for manufacturing executives’ bottom line depending on how they forecast the path to the new manufacturing paradigm and invest accordingly.
As a futurist, if you have scanned “blockchain,” you most likely have learned about the volatile value of Bitcoin and that top banker Jamie Dimon and top investor Warren Buffett are critical of it. Buffett admits he has been wrong before, and Dimon apparently has shifted from fast thinking (emotional) to slow thinking (rational updater). JPMorgan Chase & Co. now has a dedicated section investigating blockchain technologies as an investment and as a potential competitor to banking. So, what do we actually know about blockchain technologies? By Randall Mayes