- In a few years everyone will be using speech recognition. It will feel natural. You’ll soon forget what it was like before you could talk to computers.
- A team at Imperial College London just developed an AI that could diagnose pulmonary hypertension better than cardiologists typically do. Cardiologists have about 60% accuracy. This system does 80% accuracy.
- AI technology needs a lot of customization for a business context. This means that business leaders hire a senior AI leader to sort this out for them.
- Almost anything that a typical person can do with less than 1 second of mental thought we can either now or in the very near future automate with AI. There are a lot of jobs that can be accomplished by stringing together many 1-second tasks. Consider a security guard monitoring security footage– a complex job. But the job can be broken down into a lot of smaller tasks, which involve 1 second of cognitive thinking.
- The transition that’s going to occur over the next 10-15 years that is significant. Just as AI will destroy jobs, it will create new jobs that we can’t yet imagine. The challenge is the skills mismatch.
- The ratio of jobs destroyed to new jobs? In the short term, unfavorable.
Classroom discussion questions:
1.Why is AI important to operations management?
2.What can students do to prepare for AI?