2017-12-01 06:30:00 Fri ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Dr Kai-Fu Lee praises China as the next epicenter of artificial intelligence, smart data analysis, and robotic automation. With prior IT careers at Apple, Microsoft, and Google, Dr Kai-Fu Lee discusses economic inequality as the primary threat of artificial intelligence in the modern era of digital technology. In a recent issue of New York Times, his op-ed article suggests that the key to success for most algorithmic machine learners is the sheer volume of smart data. Computational strength begets better smart data analysis, which then attracts more talents and funds that flow into the subsequent smarter data analysis with a larger network of active users and hot spots.
This virtuous cycle amplifies the computational strength of artificial intelligence. As both income and wealth gravitate toward the most productive use of human capital and computer equipment, economic inequality concentrates both power and money in the hands of a few elites and oligopolies such as Facebook, Apple, Microsoft, Google, and Amazon (FAMGA) in America and Baidu, Alibaba, and Tencent (BAT) in China. For this reason, we need to rethink economic inequality on a global scale.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-07-30 11:36:00 Monday ET
Trumpism may now become the new populist world order of economic governance. Populist support contributes to Trump's 2016 presidential election victory
2019-03-13 12:35:00 Wednesday ET
Uber seeks an IPO in close competition with its rideshare rival Lyft and other tech firms such as Slack, Pinterest, and Palantir. Uber expects to complete o
2019-04-25 09:35:00 Thursday ET
Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the
2018-02-11 07:30:00 Sunday ET
President Trump unveils his ambitious $1.5 trillion public infrastructure plan. Trump proposes offering $100 billion in federal incentives to encourage stat
2019-03-17 14:35:00 Sunday ET
U.S. trade rep Robert Lighthizer proposes America to require regular touchpoints to ensure Sino-U.S. trade deal enforcement. America has to maintain the thr
2019-08-01 11:33:00 Thursday ET
Many young and mid-career Americans fall into the financial distress trap in rural communities. A recent analysis of 25,800 zip codes for 99% of the U.S. po