Skip navigation
4comments
Share conversation: Share via:

RAHS

Sep 26, 2016
10:13

Fellow


1 |
Share via:

Thank you for submitting your trend!

Privacy will remain a concern, not just between companies sharing information, but also citizens may feel like "big brother" is watching. In light of a changing economy, do you think our citizens will have the necessary skill set to remain relevant? Or will we still be dependent on immigrants to operationalise technological advancements?

Do you envision that AI would have reached a level of  independence by 2030?


danliang

Sep 27, 2016
10:01

Member


2 |
Share via:
Trend
contributor

Yes, indeed. We have seen the reactions of citizens in the world's two largest economies - U.S. and China - towards government surveillance activities. According to a 2015 survey done by Pew Research Center, 52% of the Americans are "very concerned" or "somewhat concerned" about ongoing government surveillance of data and electronic communication.

The same goes for the Chinese netizens, where we have seen efforts to circumvent government's surveillance and censorship through VPN networks as well as linguistic techniques such as homophones and homographs. (See article from Georgia Tech's "Algorithmically Bypassing Censorship on Sina Weibo with Nondeterministic Homophone Substitutions" and Harvard's "How Censorship in China Allows Government Criticism but Silences Collective Expression").

However, we are witnessing an increased concern about data companies' potential surveillance activities. For example, Pokémon Go, a phone game released by Niantic Labs and Nintendo, required its users to grant the company access to their entire Google account (for certain iOS users) and Contacts (See "Pokémon Go Privacy Settings: What you really need to know about the app permissions hype" published by Trusted Reviews). Just recently, we have also seen concerns about Whatsapp sharing their users' online information with Facebook (See "Facebook Ordered to Stop Collecting Data on WhatsApp Users in Germany" published by The New York Times.

As we go forward, higher resolution details will be required to provide a holistic and personalized experience for the citizens in a Smart Nation. The question remains how much information and privacy are the citizens willing to give, especially to private companies, in the upcoming Algorithmic Age? Furthermore, do they understand the implications of providing these data to companies, which could be exchanging users' data with each other?


danliang

Sep 28, 2016
03:05

Member


3 |
Share via:
Trend
contributor
  • The relevancy of citizens' skill set to the changing economy is strongly determined by the type and level of education and training they received. While Singapore is cognizant about the need to increase the level of education (for example, from primary to secondary school, and from college to university education) for the citizens, I feel that there is a relative lack of attention to develop relevant skill sets for the emerging economy. 
  • For example, the Statistics Singapore captured population's data on (1) Level of Education, (2) Educational Qualification Attained and (3) Field of Study, but not the Skill Sets. This might change in the year 2030, where having relevant skill sets is more important than having relevant educational qualifications (BSc, MSc and PhD etc).
  • The dependence on immigrants may be, to an extent, the result of our tertiary education system. We see a high demand for courses that are highly correlated to average income earnings, and a lack of students in fields that are not as lucrative. The same logic applies to the dearth of engineers in Singapore. The ex-GIC chief economist and Adjunct Professor at the Lee Kuan Yew School of Public Policy wrote a Facebook post, explaining that due to Singapore's liberal immigration policy, the real wages and working conditions of such professions have deteriorated to such extent that the return on investing in such a tertiary education and career is unattractive to locals.
  • In short, Singapore would remain dependent on immigrants to sustain our technological-intensive industries, as long as the real wages and working conditions of the local professionals do not improve. This, unfortunately, requires strong market intervention from the government.

 


danliang

Sep 28, 2016
03:34

Member


4 |
Share via:
Trend
contributor
  • Although the maturity of AI technology is likely to improve tremendously over time (due to potential breakthroughs in areas such as deep learning and deep neural networks), human would remain relevant albeit a smaller role. That said, the AI would be independent in the sense that majority of the tasks could and would be automatically accomplished by the machines without direct human intervention by 2030.
  • In fact, in the Finance sector, algorithmic trading systems is currently handling 75 per cent of the volume of global trades worldwide and this figure is predicted, by those in the industry, to grow steadily, according to a 2016 report by Thomson Reuters. On the social media front, an increasing number of companies, including Forbes and The Big Ten Networks are using software to write computer-generated stories. Even though these content may not be as well-written as a human journalist, the computer is able to piece fragments of information together and generate a coherent story in a much more timely manner.
  • In 2030, Singapore may transform from one that is dependent on human resource to one that is dependent on effective algorithmic solutions in order to stay competitive in the global market.
ADD YOUR COMMENT
You must be logged into your account to post a comment.