The Odds of a Machine Doing Your Job via The Daily Infographic
Spoiler Alert: The odds are high that a robot/algorithm is going to be better at your job than you are.
The ascendency of the robotic workforce is a complicated issue. On the one hand, millions of human rely on driving to earn a crust. On the other hand, over a million humans die in car accidents every year. Autonomous cars are guaranteed to greatly reduce both of these numbers. It’s hard to know how to feel about that.
Michael Mauboussin: Challenges and Opportunities in Active Management And Using BAIT #MICUS
If you’re not convinced that self-driving cars would increase road safety all that much, we’ve got an infographic on The Car of the Future that is sure to convince you.
Speaking of autonomous vehicles, I can’t agree that airline pilots are unlikely to be replaced by machines because they practically have been! Autopilot does the majority of the flying already, and it’s a small step from there to obsolescence. I also think it’s much more likely that police patrols get replaced by robots than this graph does, but let’s not dwell on that dystopian possibility.
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Also see BAML’s Hartnett: Summer of Shocks Around The Corner; Long Robots, Short Humans