The Fourth Industrial Age is dawning. This includes disruption to jobs, wealth inequality, ethics and identity issues, security and conflict. It’s critical that businesses, governments and individuals are prepared for the change.
2019 saw significant increases in privacy breaches, alongside increased legislation impacting banking, financial services and critical infrastructure.
Augmented humans are one of the key trends identified in 20 Predictions for the Next 20 years, a new report by KPMG and Australian National University’s 3A Institute.
What makes AI different to innovations of the past, is that the risks become amplified when technology can be scaled and applied to entire populations at once.
Privacy scandals concerning consumer data has shown that self regulation is impossible. Big data and AI need principles, standards and appropriate legislation.
Despite the current reality, the potential for automation is huge forecast to transform our ways of work faster and more accurately.
With every seismic shift in technology come new and challenging risks. However, the risks of AI will only grow if we leave their resolution to chance.
There is a unique opportunity for Australian organisations to harness the impact of machine generated and fact based decision making emerging technologies like AI enable.
The new breed of machine learning or artificial intelligence based algorithms behind everyday services are far more complex than any program we knew before
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