My first interaction with a Robot was in USA when it brought me a toothbrush at the hotel room. My family and I were fascinated by the interaction with the Robot as we watched it perform its chores, as the hotel staff was scanty. On my Facebook post my friend a Doctor in the US mentioned, that the Robots have replaced some nursing staff and give medicines to the patients at the Hospital.
Is there a tidal wave approaching us in the shape of the Fourth Industrial Revolution which we are unaware of? And what exactly is this hue & cry about?
The way I look at it; is that in the future when my smart alarm clock wakes me up in the morning and enquires from me what I would like to drink: tea or coffee for breakfast and what food I’d like to eat for lunch & dinner. It then communicates to the kettle to start boiling the water; instructs the refrigerator who will check the groceries, order from an online store & the microwave will cook my food. A Robot serves me tea, lunch & dinner. Wow what a luxury for a Working Mother.
Friends this is not a Sci-fi film; the way the revolution is happening it is only a matter of time and will catch like wild fire just as Facebook has caught on in our lives. The Alarm Clock, Refrigerator, Microwave and the Kettle among other things will have “Artificial Intelligence” & will be able to communicate to each other via Internet very Smartly. This is called “Internet of Things”. Come meet our Pakistani innovators & hear their future plans; as they make Robots more intelligent; or connect different gadgets with the Internet or are slowly replacing Sabzi Mandi with Online Mandi Express or change the game of E-commerce.
What does all this mean for your company or at the work place when Smarter Machines can do most of the work better than us? “A Digital Disruption”. Nearly 50 % of the Fortune 500 Companies have disappeared since 2000. At the Summit listen to the Top Business Gurus; they feel are the emerging trends in 2030 & how they are shifting gears in their companies.
Should we be worried when nearly 35- 50% of the Jobs can be automated and Intelligent Machines can do our work? Find out what this means for the Finance fraternity with BiG Data Explosion & Cyber Threats. Does it create more opportunities? Don’t miss what the Human Resource and Big 4 Accounting experts have to say.Written By : Khursheed Kotwal