Dale Rickert, Portfolio Director at Industry of Things World, had a chat with Toby Walsh, Author, Professor, Speaker and “Rock star of AI” – who is shaping the future of the Industrial Internet prior to his talk this September!
About Toby Walsh:
Toby Walsh is a leading researcher in Artificial Intelligence and is Scientia professor at the University of New South Wales and Digital Think-tank Data61. He has a BA from the University of Cambridge and MSc and PhD degrees from the University of Edinburgh. He was named by the Australian newspaper as a “rock star” of the digital revolution. Toby advocates for limits to ensure AI is used to improve our lives. He has been a leading voice in the discussion about killer robots, speaking at the UN in New York and Geneva on the topic. He is a fellow of the Australia Academy of Science and of the Association for the Advancement of Artificial Intelligence, a Humboldt award winner and recipient of the NSW Premier’s Prize for excellence in engineering and ICT.
About his Keynote:
At the Industry of Things World Toby Walsh will be holding a keynote presentation with the title “The AI revolution – The future of jobs, knowledge and skills in manufacturing.”
Toby Walsh: I’m excited to join you and all the delegates attending IoT World!
Toby Walsh: There are four exponentials that together mean we’re making real progress on the goal of building intelligent machines.
First, the doubling every two years or so of compute power, otherwise known as Moore’s Law. Second, there’s a similar doubling in data, which is helping support much of what we do today in AI via machine learning. Of course, the Internet of Things is only going to add to that trend! Third, we’ve had a doubling again every two years or so in the performance of some of our algorithms. Deep Learning is a particular case in point. And the fourth exponential is in the amount of money flowing into the field. This is also doubling every two years. Put all of these in a pot and you have a recipe for progress.
Toby Walsh: No, AGI is still a long way away. If you ask most of my colleagues, 50 to 100 years, perhaps even longer. We have very little idea as we have only made progress on building narrow intelligence.
Toby Walsh: Well, it’s nice to come back into fashion again. There was some over promise in the 80s that led to a bit of a backlash. But this time, we’re having a real impact on real problems so I’m not too worried of another AI winter.
Toby Walsh: Compute power, data and better algorithms!
Toby Walsh: It’s hard to pick on one area as AI is having so much impact on so many aspects of our lives. It really will be like electricity in this respect. But if I had to pick one, it would be the impact it is starting to have on health care.
Toby Walsh: Starting too big. Start small. Don’t start on a criticial path. Look perhaps to help strategic decision making first before you go into the operational.
Toby Walsh: I’d encourage everyone to come hear the talk. I’ll tell you what AI can’t do today. And what it can already do well.
Toby Walsh: 1. Business models and market strategy, 2. Human vs machine roles and skills, 3. Social corporate responsibility
Take the savings from AI to improve your product or service, not simply to reduce costs. Look to augment, not replace people. And where you do replace, look to reskill. And think carefully about the ethics of what you do. AI is powerful magic. It’s easy to encroach on people’s privacies and other basic rights.
Toby Walsh: I’m looking forwards greatly to learning!