John Maynard Keynes made a prediction in 1930 that by 2030 we would be working 15 hours per week. And if AI lives up to its admittedly high expectations this may come true. Maybe not for all but at least for some of us. According to an article on Bloomberg, a financial news and data […]
Tag: AI
The Dangers of the Circular Economy in AI
The AI sector is increasingly characterised by interwoven financial and operational relationships, where companies act simultaneously as suppliers, customers, and investors. This has led to what analysts call a “circular economy” in AI infrastructure: At the centre of this digital ouroboros is OpenAI, the once non-profit darling turned corporate juggernaut, now entangled in a web […]
Technology’s Role in Deepening Socioeconomic Disparities
Social disparity is much more prevalent nowadays than it was say 50 years ago: CEOs in the USA in 1970 made 30 times what the typical worker earned, some 50 years later it’s up to 350 times. Most of the wealth which was created in recent decades has flown upwards to the very top. In […]
Can AI Make Us Smarter or Just Lazier?
Artificial intelligence is fantastic! It’s like having a personal assistant 24/7 at my disposal be that for work or personal purposes! Personally I use AI mostly for work, analysing and reworking large data sets in Excel where AI proposes me code to help me make complex calculations using the Python programming language rather than writing […]
Can AI Surpass Human Intelligence? A Deep Dive
As can be expected, there is a big debate raging about the pros and cons of Artificial Intelligence (AI), not least also in our company, where one of my colleagues professes to be a bit of an expert in the matter (he does on the side have his own AI consulting business). My colleague is […]
Generational Views on Work: Gen Z vs Baby Boomers
Assuming that you are not retired yet, is your job an important part of your life? The average person will spend 90‘000 hours at work over a lifetime, compared with roughly 230‘000 hours (or approximately 1/3 of our life) we spend sleeping. According to the World Values Survey published in 2023 by King‘s College London […]
Deepfake Deception: AI’s Dark Side in Fraud
Artificial Intelligence is all the rage these days, not only to increase productivity at work and find answers to questions and solutions to problems, but also increasingly to create fake photos (remember the picture of the pope wearing a Balenciaga puffer jacket) and videos, and even recreate the voice of celebrities and even long deceased […]
McDonald’s stops AI experiment in the US
In a recent post I have shown how artificial intelligence sometimes is, well, neither artificial nor intelligent. Since then McDonald’s, who were also trialling AI-assisted ordering systems in the US have announced that following a number of rather comical mishaps they are abandoning the tests (at least for now). The technology developed by IBM has […]
Not so Artificial Intelligence
AI as in artificial intelligence is all the rage these days, isn’t it. Any service assisted by AI is novel – and the company which provides it finds itself no doubt at the cutting edge of technology. At least until someone finds out that all is not what it seems. You may have heard of […]
AI is all the rage – what does AI make of AI?
Aritificial intelligence or AI is all the rage these days, so I decided to have a bit of a ‘conversation’ with AI about, well, itself really…. Can you help me write my blog? Of course! I’d be happy to help you with your blog. What’s your blog about, and what kind of help are you […]
The grumpy older man 