Shervin Pishevar discussed economic problems impacting the modern world. As it turns out, these problems seem greater than Shervin Pishevar brought to the public’s attention months ago. Humanity is not just witnessing squabbles between superpowers or trade sanctions. Both of these are indeed the case, but there are also many local challenges.
Few deny that the world economy is experiencing widespread trade issues. Some media organizations are reporting several instances as outright trade wars. There are fundamental problems that underlie some of these issues. From long-standing national and border conflicts to scarce resources, the world economy is undergoing a major overhaul.
Technology cannot be ignored as part of a top-level solution. Among the most highly regarded technologies are artificial intelligence (AI) and blockchain. Both have already made their presence known as extremely significant percentages of the world’s GDP.
AI is generally considered the technology that is most heavily invested in by powerful organizations. Shervin Pishevar expects such tech to dramatically change how human beings view and operate their world. Jobs, information interfaces, and approaches to society are all economic areas where AI is permeating. Combined with robots, AI will be able to replace many of the current jobs previously thought of as untouchable by automation. Information dissemination becomes more of a personal exchange when an AI interface has a better understanding of human commands.
Shervin Pishevar foresees these advantages causing the world to rethink approaches to society. At one time, a personal assistant was reserved for the wealthy. Now, these jobs are a growing aspect of online employment. AI companies have already begun marketing personal assistants in their voice-controlled products. The world is not very far away from every human being that possesses a phone also having a virtual personal assistant/tutor. Imagine what this would do for global education.
Blockchain technology is a disruptive force that few understand its implications. AI will need data. Blockchains provide an immutable ledger on which AI can acquire data without human mistakes or interference. This data is in raw form. As AIs develop, their ability to use raw data will improve.