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View Full Version : The Impending Massive Lay-Off Of World Hedge Fund Mangers And Co



singular_me
28th December 2016, 10:36 AM
I do not support AI meshing with our 3D reality because it will systematically opts for the decimation of the human species. The result of a darwinian run-up for profits responsible for the creation of billions of useless eaters.

Even the rapacious hedge fund managers thought they "had" it. They are too next.
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WILL WORK FOR FREE DOCUMENTARY
http://topdocumentaryfilms.com/will-work-for-free/

and the battle "left versus right" goes on and on... man’s right to compete freely ?? The real austrian headache: the left hates coercion and will do everything to cheat the system as much as the ultra-capitalists at the top of the pyramid hate competition and and will rig the system in their favor. Both trends are exponential... both sides of the spectrum are taking down the planet.
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Artificial Intelligence Replacing Management At World’s Largest Hedge Fund
28 December 2016 GMT

‘The impending evisceration of the global job market by artificial intelligence and robotic automation is well-trodden territory. Various estimates suggest the American employment mill could shrink by 30% by the year 2025.

The United Nations’ assessment is even grimmer. They project two-thirds of the human workforce will be replaced in the next decade. Usually, the major sectors included in these loss reports are manufacturing, retail, and blue collar jobs. However, a new analysis suggests white collar jobs are not immune, and now the world’s largest hedge fund is replacing its managers with artificial intelligence.’

http://www.activistpost.com/2016/12/artificial-intelligence-replacing-management-worlds-largest-hedge-fund.html

singular_me
5th January 2017, 08:25 PM
a glimpse at what is coming straight at us.

BOLD: this guy is not thinking far, when most no longer have a job anymore, how can he expect to increase productivity? Doesnt add up to me.

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Japanese white-collar workers are already being replaced by artificial intelligence
Dave Gershgorn
January 02, 2017

One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers with “IBM Watson Explorer,” starting by January 2017.... Fukoku Mutual will spend $1.7 million (200 million yen) to install the AI system, and $128,000 per year for maintenance, according to Japan’s The Mainichi. The company saves roughly $1.1 million per year on employee salaries by using the IBM software, meaning it hopes to see a return on the investment in less than two years.

Watson AI is expected to improve productivity by 30%, Fukoku Mutual says.

https://qz.com/875491/japanese-white-collar-workers-are-already-being-replaced-by-artificial-intelligence/

singular_me
7th January 2017, 05:47 AM
I am keeping this threat for update on the topic

nurse academy is next on the list

maybe was there something with the 'concept of profits' after all, or is technhology evil? Thats the puzzle we must solve before 2020... money free vs mad max economy and universal income?
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IBM Is Creating a ‘Robotic Roommate’ to ‘Take Care’ of Your Grandma"
http://www.thedailysheeple.com/ibm-is-creating-a-robotic-roommate-to-take-care-of-your-grandma_012017



Doctor Robot? British hospitals to trial AI helpline managed by ‘chatbots’
7 January 2017 GMT
https://www.rt.com/uk/372851-helpline-robot-nhs-patients/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome


Amazon’s warehouses are now swarming with 45,000 robots. That’s a 300 percent increase from 2014, when the company had just 15,000. In 2012,

https://www.youtube.com/watch?v=fKJYZry_aZA