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Japanese white-collar workers are already being replaced by artificial intelligence E
#1
Most of the attention around automation focuses on how factory robots and self-driving cars may fundamentally change our workforce, potentially eliminating millions of jobs. But AI that can handle knowledge-based, white-collar work are also becoming increasingly competent.

One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers with “IBM Watson Explorer,” starting by January 2017.

The AI will scan hospital records and other documents to determine insurance payouts, according to a company press release, factoring injuries, patient medical histories, and procedures administered. Automation of these research and data gathering tasks will help the remaining human workers process the final payout faster, the release says.

Fukoku Mutual will spend $1.7 million (200 million yen) to install the AI system, and $128,000 per year for maintenance, according to Japan’s The Mainichi. The company saves roughly $1.1 million per year on employee salaries by using the IBM software, meaning it hopes to see a return on the investment in less than two years.

Watson AI is expected to improve productivity by 30%, Fukoku Mutual says. The company was encouraged by its use of similar IBM technology to analyze customer’s voices during complaints. The software typically takes the customer’s words, converts them to text, and analyzes whether those words are positive or negative. Similar sentiment analysis software is also being used by a range of US companies for customer service; incidentally, a large benefit of the software is understanding when customers get frustrated with automated systems.
The Mainichi reports that three other Japanese insurance companies are testing or implementing AI systems to automate work such as finding ideal plans for customers. An Israeli insurance startup, Lemonade, has raised $60 million on the idea of “replacing brokers and paperwork with bots and machine learning,” says CEO Daniel Schreiber.

Artificial intelligence systems like IBM’s are poised to upend knowledge-based professions, like insurance and financial services, according to the Harvard Business Review, due to the fact that many jobs can be “composed of work that can be codified into standard steps and of decisions based on cleanly formatted data.”

http://qz.com/875491/japanese-white-coll...elligence/
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#2
Not exactly news:

For the last 20 years or so very few pressure vessels have been designed manually.

There is a software package which used to cost around 30K that does it for us. Plug in the variables and it spits out a design.
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#3
With the 'kumming' of such AI technology, something special in those "Japanese office" porn videos will no doubt be lost...

oly
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#4
Quote:Creative destruction, a term coined by Joseph Schumpeter in "Capitalism, Socialism and Democracy" in 1942, describes the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."


those dirty nasty ai jobs,
WHO wants to create, design and maintain computer robots etc
when instead you could be a "white collar worker".



Quote:white-col·lar
adjective
adjective: white-collar
of or relating to the work done or those who work in an office or other professional environment.
synonyms:
clerical, administrative, professional, executive, salaried, office




Quote:Job growth forecast
Job title
May 2010 employment
Expected growth rate thru 2020
Database administrators
110,800
Much faster than average
Network & computer system admins
347,300
Faster than average
Software developers, applications
520,800
Faster than average
Computer systems analyst
544,400
Faster than average
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#5
The future is unpredictable:

The early 19th century Luddites smashed the new automatic textile machines because they thought they would all become unemployed:

https://en.wikipedia.org/wiki/Luddite
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