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Innovative technologies KEY TAKEAWAYS Advances in artificial intelligence (AI) and robotics can help everyone However, more automation in the workplace will lead to job losses FIVE RECENT INNOVATIONS Self-driving vehicles Tesla and Google are pioneering the two most high-profile self-driving car schemes. Self-training robots OpenAI recently unveiled robots who have mastered household chores via selflearning AI technology. REINFORCING THE REWARDS FROM ROBOTS Artificial intelligence and robotics will change societies forever. Martin Ford writes about how governments can update their policies to embrace new technology and make life better for everyone Beer IntelligentX brews four beers created by AI, which are updated via a customer feedback algorithm. Shape-shifting apartments MIT Media Lab spin-off Ori uses robotic furniture to transform a living space for different uses. Delivery drones Amazon and Starship are among the companies testing air- and land-based delivery drones in the UK. Recent progress in artificial intelligence (AI) and robotics suggests that we are likely to see astonishing advances during the coming decades. Fields such as medicine and online education will be transformed in ways that will likely result in dramatic benefits for all humanity. The rise of machine learning There is, however, a dark side. A great many workers will likely face displacement by machines. A large percentage of jobs are, on some level, routine and repetitive. They can be broken down into discrete tasks that are repeated on a predictable basis. As machine learning and robotics technologies advance, a large fraction of these job types will be at risk of being automated away. This concern is not far-fetched science fiction. It is based on a simple extrapolation of the expert systems and sophisticated algorithms that can already land jet airplanes, trade autonomously on Wall Street, or – as demonstrated by Google’s DeepMind technology – beat nearly any human at the ancient game of Go. As technology progresses, these systems will match or exceed the capability of human workers in many routine jobs, including workers with college degrees or other significant training. Many workers will also be threatened by the continuing trend towards self-service technologies that push tasks onto consumers. Those who dismiss the potential for significant technological unemployment often point to the extreme historical example of the mechanisation of agriculture. In the late 1800s, about three-quarters of workers in the United States were employed in agriculture. Today, the number is around two per cent. Advancing technology irreversibly eliminated millions of jobs. → 92 G20 China: The Hangzhou Summit • September 2016 G7G20.com
Innovative technologies Businesses will increase production by employing machines Governments need new policies to maintain consumer demand ISTOCK IAMGES G7G20.com September 2016 • G20 China: The Hangzhou Summit 93
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G20 Research Group September 2016 G
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Welcome from the President WELCOME
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China: the Hangzhou Summit | Septem
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China: the Hangzhou Summit | Septem
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G20 China: the Hangzhou Summit | Se
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@G7_G20 www.G7G20.com LinkedIn.com/
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Leader's view LEADER'S VIEW Buildin
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Leader view LEADER'S VIEW Africa’
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Leader's view Narendra Modi Prime M
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The EU is pursuing a virtuous trian
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2 nd Leader's view Summit 2015 Elec
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National tax authorities must work
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Leader's view GUEST LEADER'S VIEW P
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ADVOCACY Mostadam's first Certified
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Background 450M People out of reach
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Trade and investment 52% 767M Major
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Trade and investment 1.1BN tourists
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Global healthcare IN CONVERSATION W
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Global healthcare KEY TAKEAWAYS Glo
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Global healthcare C James Hospedale
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Energy markets and access KEY TAKEA
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Energy markets and access 9,000,000
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Energy markets and access United Ki
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Energy markets and access KEY TAKEA
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Agriculture, food and nutrition COM
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Agriculture, food and nutrition Kan
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Strengthening the G20 System COMPLI
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Strengthening the G20 system The BR
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Strengthening the G20 system The UN
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Strengthening the G20 system www.pa
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Stories from inside summitry The G2
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Business. For Good TM 鼓励商
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