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Technological Revolution

All articles tagged with #technological revolution

"Goldman Sachs Identifies AI's Unlikely Historical Precedent and Top Beneficiaries for Long-Term Investment"

Goldman Sachs' chief global equity strategist, Peter Oppenheimer, draws parallels between the current AI boom and the 18th-century canal revolution, highlighting two key lessons for investors. He emphasizes that while AI's impact on the economy may be quicker due to existing technologies, the long-term winners may not be the AI-specific companies but those utilizing the technology to develop new products and services. Drawing from history, he advises investors to diversify their holdings and proceed with caution when picking winners and losers during periods of technological revolution.

via Fortune|

#ai #financetechnology #goldman-sachs

science-and-technology2 years ago•3 min saved

Revolutionary Quasiparticles: The Future of Ultra-Bright Light Sources

Scientists have developed a method to produce ultra-bright light, known as coherent light, by creating synchrony among particles. This breakthrough could lead to a technological and scientific revolution, with potential applications in healthcare, technology, and astrophysics. The compact machine that produces this ultra-bright light could make X-rays and radiotherapy treatments more affordable, enable the creation of powerful computer chips, and deepen our understanding of cosmic behavior. The researchers compare the motion of the quasiparticles in their experiment to a Mexican wave, where each individual electron contributes to the collective motion, resulting in highly synchronized photons and extremely bright light.

via BBC Science Focus|

#coherent-light #quasiparticles #science-and-technology

technology2 years ago•11 min saved

The Transformative Power of AI: Job Market, Economy, and Productivity

The rise of artificial intelligence (AI) is set to radically reshape the job market and global economy. Over 300 million jobs worldwide could be disrupted by AI, with at least 12 million Americans changing fields by 2030. While this technological revolution could add trillions of dollars to the global economy, it also poses challenges. The adoption of AI is happening faster than previous technologies, and the effects will be felt across various industries and occupations, including highly skilled workers. However, AI is also expected to lead to net job creation and significant productivity gains. To navigate this disruption, governments and businesses need to invest in workforce education and retraining programs to ensure workers are prepared for the AI revolution.

via Business Insider|

#ai #employee-productivity #global-economy