The Robots Are Coming for Investment Bankers, Not Just Truck Drivers

The Robots Are Coming for Investment Bankers, Not Just Truck Drivers https://hunterwalk.com/2016/09/07/the-robots-are-coming-for-investment-bankers-not-just-truck-drivers/

 “Maybe in ten years investment bankers will stand alongside truck drivers in discussions about safety nets, universal basic income and skills retraining.”

“The vulnerability of these jobs is due, in large part, to the easy availability and rapidly declining price of computing power, as well as the rise of ‘‘machine learning’’ software, like Kensho, that gathers and assimilates new information on its own.”

*Machine learning, automation and innovation will led to human disruption at a rapid pace, perhaps outpacing precious technological transformations. 

One Founder Told Me He Wanted to Overpay His Employees. So We Invested. | Hunter Walk

One Founder Told Me He Wanted to Overpay His Employees. So We Invested. | Hunter Walk:

“Ultimately whether it’s through regulation or competition I don’t think optimizing for just the lowest possible labor cost at the expense of service and expertise is sustainable for many of these marketplaces or on-demand services. My guess is the first place it shows up is in the app store ratings and NPS scores of those companies who grind workers up, weak economy or strong.”

*Delivering exceptional value drives success. A higher (labor) cost can provide higher value so that there is no negative bottom line impact for the supplier.  

Elapsed Time: Quantified Self or Better to Quantify Someone Else: Can We Improve Ourselves By Mimicking Others?

Elapsed Time: Quantified Self or Better to Quantify Someone Else: Can We Improve Ourselves By Mimicking Others?: “However, I wonder if we’re focusing on the wrong idea. Instead of tracking us as individuals, what if we used this technology to mimic someone who is already doing it right? Train like an athlete, eat like a nutritionist.”

(Via.)

Interesting questions. Time will tell if someone can take this idea, show success and grow a community around it.