Title : Artificial Intelligence & Robotics, what is left for us?
Date : 14/2/2017 (Tuesday)
Time : 6 pm (Tea will be served at 5: 45 pm)
Venue: L17
                    Dr. Arnab Bhattacharya - CSE
                    Dr. Surajit Sinha – Economics
                    Dr. Rahul Varman - IME
                    Dr. Manoj Harbola – Physics
                    Nishant Rai – CSE
                    Philippe Dugerdil (Adjunct Faculty, CSE)
                    Dr. Prabhakar TV - CSE
Artificial Intelligence & Robotics, what is left for us? New technologies such as Artificial Intelligence and Robotics are nowadays able to take over tasks that could earlier be performed only by humans. Although this was already the case with factory automation in the last decade, machines can now perform "intellectual" jobs too such as medical diagnosis, news writing, complex scene interpretation, and a robot can learn new movements and work together with a human. Because of the economic pressure, this trend could only grow in the future. Consequently, jobs will change and we, as human, will have to share jobs with machines. Examples of this trend abound such as: • Back in 2000, the U.S. cash equities trading desk at Goldman Sachs’s New York headquarters employed 600 traders. Today there are just two equity traders left. Automated trading programs have taken over the rest of the work. • Japanese insurance firm Fukoku Mutual Life Insurance is making 34 employees redundant and replacing them with IBM’s Watson Explorer AI. • According to a recent survey, law firm leaders say that within 10 years new attorneys and paralegals could be replaced by an IBM Watson-like computer. • In a double-blinded validation study of 638 breast cancer cases at Manipal Comprehensive Cancer Center in Bengaluru, Watson had a high level of agreement with the recommendations of the oncologists on the center's multidisciplinary tumor board. Watson's treatment endorsements, which are presented as "for consideration" or "recommended," were concordant with the recommendations of the tumor board 90% of the time. • IBM and a marketing company called The Drum announced last year that Watson was able to edit an entire magazine on its own. Then, what is the social and economic impact of such a change and how could higher education institutions prepare the workforce to these changes? Some ted-talks to motivates you for this wonderful session: 1. The wonderful and terrifying implications of computers that can learn (mine favorite) 2. Machine intelligence makes human morals more important 3. The jobs we'll lose to machines -- and the ones we won't 4. The rise of Human-Computer Cooperation (mine favorite) Some recent news articles to motivates you for this wonderful session: 1. How Artificial Intelligence Will Kill Some Jobs But Create Others 2. How Artificial Intelligence and Robots will radically transform the Economy 3. Stephen Hawking: Automation and AI is going to decimate middle-class jobs