I have good news and I have bad news
the good news is that you are currently
studying in one of the most prestigious
business schools in France the bad news
is that you are learning skills for a
job that doesn’t even exist yet
why it’s partly because of artificial
intelligence
broadly speaking artificial intelligence
is a software that can learn from huge
amounts of data and mimic human
decisions AI is nothing new the
mathematics behind one of the most
advanced frameworks in AI which is
neural networks have been around since
1975 so why are we only hearing about
this now why the big boom lately
the answer is it’s kind of because of us
we as humans started collecting data
about everything what we do what we eat
where we go what we listen to
etc etc and this huge collection of data
has paved the way to the current boom in
AI that we are experiencing now the big
question is given enough data will
artificial intelligence replace me at my
job and if so what can we do about it
in order to answer that question we are
going to have to study a little bit the
history of automation because in terms
of human history AI is the Darwinian
evolution of automation for most of
human history we’ve been in agriculture
we’ve been working the fields planting
potatoes so that more potatoes would
come out so that we could eat our
productivity was quite low but it kind
of worked for us however as intelligent
human beings we started innovating we
came up with crop rotations we started
to invent tools and our jobs got easier
all of a sudden we needed less people
for the same amount of good produced and
jobs were lost however new better paying
jobs appeared because those tools needed
to be built and needed to be sold the
result was an overall average increase
in the in the living standards and
standards of humanity then came the
Industrial Revolution machines started
creating machines and people were driven
away from factories and into the service
industry the same thing happened more
people lost jobs people got new jobs
better paying jobs and once again the
standard of living of humanity increased
lately we entered the Information Age
and once again jobs are being lost and
were panicking so should we because
given these trends innovation should
clearly save us and give us more better
jobs right this might not be as simple
this time around you see change is
brutally fast these cycles are getting
shorter and shorter and we are not used
to that
our ancestors had D or ancestors had the
luxury of having several generations to
adapt to the new economy we barely have
a couple of years as an example a
hundred years ago or so we invented cars
huge leap forward the car needed a
couple of decades maybe half a century
to completely replace the industry is
linked to horse fast forward to today
and Netflix drove blockbusters into the
ground in just a couple of years this is
a problem for us there are a couple of
solutions that are already being
discussed one of them is the focus on
innovation Heavy Industries in order to
unlock new levels of economy and create
more jobs independently from what you
think about Bitcoin the technology
behind it which is blockchain is
revolutionary and has already created
countless new very highly specialized
jobs another solution is the
introduction of a universal basic income
the universal basic income is a concept
where you give everyone a minimum living
wage for them to take their time adapt
to the new economy learn new skills
without risking people to slip under the
poverty threshold on a more individual
level allow me to give you some advice
learn to code if you haven’t already I
assure you it’s way easier to get
started than you think you have so many
great materials online great free
courses where you can start even si
could give some of them if you want to
stay relevant in your careers in the
coming decades I highly recommend that
you you start yourself teach the basics
of web development on a more macro level
Peter Thiel founder of PayPal and
Palantir says that machines and humans
are not necessarily incompatible and
that we are simply good at different
things an example is this this is the da
Vinci Surgical System it is a robot that
was designed to enhance human surgeons
capabilities and to make operations
faster and safer it wasn’t designed to
replace the human surgeon altogether
this is a very good example of the
practical applications of this theory
back in 2012 Google ran a very serious
experiment they created a supercomputer
with 16,000 core processing units and
they used it to watch YouTube what they
did is that they run a deep learning
algorithm on that super computer to
watch millions of thumbnails on YouTube
by the end of the experiment the
algorithm with was capable of
recognizing the picture of a cat with a
very high accuracy 75% that is there
impressive until you realize that the
average human baby four-year-old can
recognize a cat a hundred percent of the
time so when my old laptop can beat the
best human mathematicians in the world
at certain tasks but a supercomputer
can’t beat a baby at other tasks you
start to realize that there is room for
synergy my very own company that I
founded is based on this principle where
our competitors are building software
that replaces the human marketing
manager we are building AI based tools
that helps that gives them insight that
helps them make better data-driven
decisions I’m a big fan of this theory
for the simple reason that it favors
complementarity to substitution if there
is one thing that I want you guys to
take away from my talk today it is that
we live in an awesome information age
leverage it AI is more accessible than
ever in human history
use it to innovate and to create
yourselves the jobs for the new economy
thank you [Applause]
the good news is that you are currently
studying in one of the most prestigious
business schools in France the bad news
is that you are learning skills for a
job that doesn’t even exist yet
why it’s partly because of artificial
intelligence
broadly speaking artificial intelligence
is a software that can learn from huge
amounts of data and mimic human
decisions AI is nothing new the
mathematics behind one of the most
advanced frameworks in AI which is
neural networks have been around since
1975 so why are we only hearing about
this now why the big boom lately
the answer is it’s kind of because of us
we as humans started collecting data
about everything what we do what we eat
where we go what we listen to
etc etc and this huge collection of data
has paved the way to the current boom in
AI that we are experiencing now the big
question is given enough data will
artificial intelligence replace me at my
job and if so what can we do about it
in order to answer that question we are
going to have to study a little bit the
history of automation because in terms
of human history AI is the Darwinian
evolution of automation for most of
human history we’ve been in agriculture
we’ve been working the fields planting
potatoes so that more potatoes would
come out so that we could eat our
productivity was quite low but it kind
of worked for us however as intelligent
human beings we started innovating we
came up with crop rotations we started
to invent tools and our jobs got easier
all of a sudden we needed less people
for the same amount of good produced and
jobs were lost however new better paying
jobs appeared because those tools needed
to be built and needed to be sold the
result was an overall average increase
in the in the living standards and
standards of humanity then came the
Industrial Revolution machines started
creating machines and people were driven
away from factories and into the service
industry the same thing happened more
people lost jobs people got new jobs
better paying jobs and once again the
standard of living of humanity increased
lately we entered the Information Age
and once again jobs are being lost and
were panicking so should we because
given these trends innovation should
clearly save us and give us more better
jobs right this might not be as simple
this time around you see change is
brutally fast these cycles are getting
shorter and shorter and we are not used
to that
our ancestors had D or ancestors had the
luxury of having several generations to
adapt to the new economy we barely have
a couple of years as an example a
hundred years ago or so we invented cars
huge leap forward the car needed a
couple of decades maybe half a century
to completely replace the industry is
linked to horse fast forward to today
and Netflix drove blockbusters into the
ground in just a couple of years this is
a problem for us there are a couple of
solutions that are already being
discussed one of them is the focus on
innovation Heavy Industries in order to
unlock new levels of economy and create
more jobs independently from what you
think about Bitcoin the technology
behind it which is blockchain is
revolutionary and has already created
countless new very highly specialized
jobs another solution is the
introduction of a universal basic income
the universal basic income is a concept
where you give everyone a minimum living
wage for them to take their time adapt
to the new economy learn new skills
without risking people to slip under the
poverty threshold on a more individual
level allow me to give you some advice
learn to code if you haven’t already I
assure you it’s way easier to get
started than you think you have so many
great materials online great free
courses where you can start even si
could give some of them if you want to
stay relevant in your careers in the
coming decades I highly recommend that
you you start yourself teach the basics
of web development on a more macro level
Peter Thiel founder of PayPal and
Palantir says that machines and humans
are not necessarily incompatible and
that we are simply good at different
things an example is this this is the da
Vinci Surgical System it is a robot that
was designed to enhance human surgeons
capabilities and to make operations
faster and safer it wasn’t designed to
replace the human surgeon altogether
this is a very good example of the
practical applications of this theory
back in 2012 Google ran a very serious
experiment they created a supercomputer
with 16,000 core processing units and
they used it to watch YouTube what they
did is that they run a deep learning
algorithm on that super computer to
watch millions of thumbnails on YouTube
by the end of the experiment the
algorithm with was capable of
recognizing the picture of a cat with a
very high accuracy 75% that is there
impressive until you realize that the
average human baby four-year-old can
recognize a cat a hundred percent of the
time so when my old laptop can beat the
best human mathematicians in the world
at certain tasks but a supercomputer
can’t beat a baby at other tasks you
start to realize that there is room for
synergy my very own company that I
founded is based on this principle where
our competitors are building software
that replaces the human marketing
manager we are building AI based tools
that helps that gives them insight that
helps them make better data-driven
decisions I’m a big fan of this theory
for the simple reason that it favors
complementarity to substitution if there
is one thing that I want you guys to
take away from my talk today it is that
we live in an awesome information age
leverage it AI is more accessible than
ever in human history
use it to innovate and to create
yourselves the jobs for the new economy
thank you [Applause]
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