Must-Read Reports

Conversation about AI

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We note that with the rapid progression of AI comes a whole series of questions are being asked by people. In this blog, we have compiled  a series of questionnaires submitted by readers of the UKs’ newspaper, Telegraph, on September 18th, 2023.

Concerns about AI range from how will it change the nature of work to what it might mean for human life on earth. As artificial intelligence continues to advance at a rapid pace, technology CEOs and influencers across the globe have been sharing their views on what impacts are to be expected.

Many are concerned how artificial intelligence will change the nature of their work, and whether it will make certain jobs redundant. Others question how society will change, and indeed what the advancement of AI might mean for human life on earth. 

The Telegraph’s technology editor, James Titcomb, has answered the most pressing of readers’ queries about AI and what it holds for the future. 

Question 1:

“How fast is AI coming along? For instance, is it learning how human emotions work yet?”

The Telegraph’s technology editor, James Titcomb, responds: 

“AI is clearly making rapid progress in some areas, but remains fairly basic in others. One of the problems with the term ‘artificial intelligence’ is that it makes us think of these systems in human terms. 

“The reality is that in some fields – arithmetic, for example – machines have outperformed us for decades; in others, they are nowhere near. Emotions fall into the latter: we haven’t really built AI that exhibits anything close to an emotion, partly because we don’t really understand how they work in living things. 

“There are certainly AIs that scan faces and voices to detect emotions, which have been used by police and marketing companies, although their effectiveness has been questioned.

“For now, it’s probably better to think about AI in terms of individual capabilities than comparing it to the human brain. In some areas, such as generating images or summarising text, it is improving quickly, although these changes tend to come in fits and spurts, rather than improving gradually.”

Question 2:

How do we prevent this tech hitting escape velocity and leaving us behind?”

Telegraph’s expertreplies: 

“For now, AI still can’t do a lot of things we can do, so it’s unlikely that we will be left behind any time soon, but experts do have some ideas about how to manage its rise. 

“One is that we should ban AI from writing computer code to develop AI. This would prevent a phenomenon known as ‘recursive self-improvement’ where a system repeatedly improves itself until it outsmarts humans and then becomes all-powerful.

“Another emerging research area is known as AI alignment: ensuring that a robot’s goals are in line with ours. It is hoped that this would prevent famous doomsday scenarios where an AI is given a straightforward task – cleaning up the oceans or creating paperclips – and ends up destroying humanity as a side effect.”

Question 3:

Surely we are our own worst enemies when it comes to AI?”

Here’s what Telegraph’s expert has to say: 

“If you bring up concerns about artificial intelligence with researchers, or suggest that progress could be slower, many will argue that easing back is pointless. They say that somebody is going to develop this technology sooner than later, and wouldn’t you rather it was us than China or Russia?

“As with most technologies, development is often hard to stop. One exception has been nuclear weapons, where a concerted international effort stopped their deployment decades ago. Safety advocates would like to see similar treaties and international agreements when it comes to AI: some have proposed a body similar to the International Atomic Energy Agency to regulate use of the technology.”

Question 4:

How will cybersecurity experts’ work be impacted by AI?”

Telegraph’s expert responds: 

“In short: they’ll be busy! Security experts have warned for years that AI could lead to the industrialisation of hacking as automated systems probe for weaknesses in security networks. 

“A growing concern is that AI software that can accurately replicate people’s voices and likenesses could bypass security controls such as voice banking, or automate scams so that vulnerable people are fooled into sending money.

“We’re yet to see that come to pass, but it is probably only a matter of time. Cybersecurity experts are likely to be as in-demand as ever.”

Question 5:

I don’t understand why AI is being introduced. Why would we as a nation give further way to instability in the employment industry and opportunity to earn a salary? It’s frightening.”

James says: 

“New technologies – from the loom to the steam engine – have often threatened to displace jobs, but have in the end made us more productive, with plenty of employment still available. The question with AI is whether it represents a step change that could make vast swathes of the workforce, not just certain jobs, redundant. We’re not there yet.

“The other response is that it’s simply difficult to hold inventions back, at least not without very strict regulation. Employers that could save money by employing AI are unlikely to voluntarily choose to ignore it.”

Question 6:

Do we need AI?”

Telegraph’s expert replies: 

“We often talk about the downsides of AI, and many of the uses that have emerged in the last few months – cheating at homework, hacking or copyright infringement – seem like things we could do without. AI’s supporters say there are very serious advantages, such as making us more productive at work, helping to discover new drugs, and the eventual arrival of self-driving cars, which could make the roads safer.

“The UK’s flatlining productivity in the last decade and a half has consistently puzzled economists and politicians: if AI can help fix the puzzle, it would certainly be a benefit.”

Question 7:

“Surely if jobs are at risk it means it’s not good for the economy with less tax being pumped into the system, shouldn’t the Government intervene to protect the citizens?”

Telegraph’s expert  answers:

“Generally, new technologies haven’t meant fewer jobs over the long run, but there is an active debate over whether taxpaying human jobs should be protected in the short term to minimise disruption to individual livelihoods.

“One proposal, that has been supported by Bill Gates and others, is to tax robots and AI in the same way we do humans. In theory, this would level the playing field, putting humans at less of an advantage.

“In practice, it’s hard to define AI, and even harder to tax it. But if millions of humans are rendered redundant, governments will have to find a way to adapt. Higher taxes on wealth or on corporate profits to fund a universal basic income are among the ideas that have been mooted.”

Question 8:

To what extent are A level and university essay questions being redesigned to overcome AI assistance?”

Telegraph’s experts says:

“One of the first clear impacts of ChatGPT has been a cheating epidemic. Thousands of students have turned in essays and homework generated by the system, leading some schools and universities to ban the software. 

“Others have turned to anti-cheating tools designed to check if something has been written by AI, although many produce errors, leading students who have written their own work being falsely accused of cheating.

“Teachers seem to be gradually adapting, rather than resisting, however. Some are moving essay writing to the classroom, where students cannot use ChatGPT. Others are allowing students to use the software, but adding interviews to show that students understand the subject. 

“The latter might prove more useful: like calculators and spell check, students are likely to continue using AI in the world of work.”

Question 9:

If you were a teenager soon to be making choices for university and future career, what would you seek or avoid with AI in mind?”

Telegraph’s expert replies: 

“This is a great question. The instinctual answer is computer science or maths: if AI is going to replace jobs, it seems a safe bet that at least the people developing it will be in employment. 

“Any skilled physical job is likely to be in demand for some time: while software has come on in leaps and bounds, robots remain a challenge. Lawyers will have no shortage of work either, judging by the frequent lawsuits against AI companies from people who say they have been libelled or had their data stolen.

“With some exceptions, however, many of today’s jobs are still likely to exist, just in different forms. AI is a tool that still requires human intervention.”

Question 10:

Should we consider films based on tech, such as Will Smith in I, Robot being a very possible reality within the next 50 years?”

Telegraph’s expert answers: 

“Probably not. Hollywood movies such as The Terminator have done a good job of entertaining us but a pretty poor job of educating us about an AI future. For example, they often give AI human qualities – a lust for power – that we have no evidence they possess.

“50 years is a long time frame, and AI will undoubtedly make huge advances over the decades. 

“We should certainly be wary of the risks – but the most risky scenarios to do with AI are probably about humans incorrectly deploying them in areas like weapons systems than the typical Hollywood examples of a race of robots enslaving humans.”

Question 11:

Will AI be able to replace customer service operators?”

Telegraph’s expert replies:

“This is something that is already happening. Go on many websites today and you’ll find yourself talking to an AI bot, rather than a human operator. Energy provider Octopus, for example, says that customers actually prefer communicating with AI than staff.

“AI is unlikely to be able to answer all queries for many years, but the number of cases it can deal with are likely to gradually increase until it is handling the majority of customer service issues. 

“For now, AI is better at answering chats and emails than phone calls, but voice recognition and replication technology means that is changing too, although some people may find it uncanny.”

Question 12:

“As a finance and banking professional, how can one adapt to the new AI environment to avoid retrenchment?”

Telegraph’s expert says:

“It is hard to predict, but the white collar jobs that are probably most at risk from artificial intelligence are those in repetitive or data-intensive tasks: data entry and analysis, compliance, and so on. Those that involve a lot of personal interaction are less likely to be affected. That is probably the case from finance to a lot of other office-based jobs.

“These changes tend to happen relatively gradually though, and employers often find new jobs for their workers. Computers and the internet have changed offices hugely, but we still have just as many people employed in them, even though we have fewer typists and secretaries.”

We hope the answers will shed some lights on concerns raised by the readers of Telegraph. These concerns should also be in the mind of people all over the world.

Jobs and Automation

McKinsey: Women more likely to be replaced by AI than men

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Can AI and robot make this mushroom haircut?

12 million jobs to be automated in the US alone over next seven years, McKinsey says

Women are 50pc more likely than men to lose their jobs in the artificial intelligence (AI) race, according to a new study that predicts millions more roles will be automated by 2030.

McKinsey said around 12 million jobs will be replaced by AI in the US alone over the next seven years.

The management consultancy said women will be more affected by companies replacing staff with chatbots because they are more likely to hold “lower-wage jobs”.

Other jobs heavily represented by women, including customer service roles and secretaries are also in the firing line, according to McKinsey.

McKinsey’s study, published this week, said women are “heavily represented” in those two sectors, with potentially 5.7m jobs being lost in those areas alone by 2030.

McKinsey said: “Workers in lower-wage jobs are up to 14 times more likely to need to change occupations than those in highest-wage positions, and most will need additional skills to do so successfully.”

Women are 1.5 times more likely overall to be forced to change jobs as a result of AI-powered automation changing how companies recruit and use human workers.

Those without university degrees, as well as the youngest and oldest workers are also at higher risk of losing their jobs to technology such as AI-powered chatbots.

Others in professional roles such as management, healthcare and the legal profession are least likely to be impacted, McKinsey said.

Not all professional roles are immune. Figures from jobs board Adzuna suggest that graphic designers, software engineers and advertising specialists are at greatest risk from AI.

Traditionally, technological advancements result in jobs being created in other sectors instead of being destroyed altogether.

Public availability of AI tools such as ChatGPT have accelerated the trend for job automation, with McKinsey revising its job loss predictions upwards by a quarter from estimates it made in 2021.

My MBA students also have pointed out that their companies are also applying AI to replace humans in many activities. One example is the automation of travel plans. However, their bosses still have the luxuries of secretaries and personal assistants to plan their travels!!!

Some jobs will be safe like a barber, unless you want to have the hairstyles of Lauren and Hardy, a mushroom cut.

Interlude

Malaysia’s oldest rubber tree is now 146 years old

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Previously, we highlighted a rubber tree in Kuala Kangsar, Perak, Malaysia. It was the surviving tree among 22 rubber seedlings brought from England.

This rubber tree is 146 years old (Picture sourced from BERNAMA)

In 1877, a total of 22 rubber seedlings were brought into the country from Kew Gardens, England. Of the 22 seedlings, nine were sown in Kuala Kangsar. This is the only surviving tree.

Interlude

Congrats..MBA students in change management semester 2 June 2023

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I wish to thank the Azman Hashim International Business School at UTM, Malaysia MBA students in change management, Semester 2 June 2023 for sharing your comments and experiences in class.

I hope all of you will strive hard and succeed to be CEOs of companies in future.

From left. Alshammari, Lin Hao, Maria, Dr Liyana, Dato’ Dr Anuar, Sukmawati, Mathini, Xu Xiang, and Xu Yidan. Not in the picture: Putri and Shaiswary

MBA notes

MBA notes for innovators: business model

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This post is the the first on a new category, MBA notes for innovators. The posts will include PPTs, word files and pdf files of MBA/DBA notes which I taught at the Azman Hashim International Business School, UTM, Malaysia.

We hope these MBA/DBA notes will be useful to innovators when evaluating to commercialise their innovations.

The first note, Business model and value propositions in change management, will be useful when evaluating a need for managing strategic change.

About this blog

This blog is posted By Dato’ Dr. Anuar Md Nor, Business Professor and Entrepreneur. I own a consulting company that offers several types of consulting services to technology companies in Malaysia and worldwide. Please visit our website, bisonconsulting.net, to know the services that we offer. (firm and IP valuation services, business plan and business model development.

Brief

Japan is odd: Tokyo’s citizens hand in £25 million lost cash

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Tokyo, Japan

It was reported by the London Times on March 14th, 2023, that Tokyo’s upstanding citizens handed in a record total of nearly £25 million in cash and hundreds of thousands of valuable items to the police last year.

A total of 3.71 million items were handed in, including more than 300,000 wallets and purses, 156,000 bags, 126,000 phones and 93,000 pieces of jewellery, according to the Metropolitan Police Department. One person turned in a box containing about £227,000 in cash.

Nearly 330,000 misplaced items of clothing or footwear were received by the police along with 280,000 umbrellas.

After a pandemic-era dip in lost and found cases, last year’s cash haul was the highest since records began in 1940. Unclaimed cash and proceeds from the sale of items that could not be returned to their owners netted about £4.5 million last year, which was transferred to the coffers of the Tokyo metropolitan government. The police figures do not count the items handed in to train and underground networks, which operate their own lost and found systems. Even plastic bags containing alcohol or food are often returned intact.

Street crime rates are very low in  Japan. While corruption is not unknown in politics and big business, ordinary citizens are on the whole scrupulously law abiding. Even most of the country’s yakuza gangster clans obey their own rules against engaging in street crime.

However, a rare series of more than 50 violent burglaries and home invasions has gripped the country since it began in the summer of 2021. Wealthy elderly homeowners were targeted by an extensive gang controlled by a small group of Japanese criminals operating out of prison in the Philippines. The hunt for the gang members intensified when a 90-year-old woman in Tokyo died after being beaten during a robbery in her home in January.

It has emerged that the gang leaders were already being held on separate charges in prison in the Philippines when they began planning the raids. The inmates had access to mobile phones and were allegedly allowed to visit casinos in Manila after bribing guards.

The four ringleaders, who used code names from popular anime, were repatriated to Japan last month to face a slew of criminal charges.

Police have warned people to take care of their belongings during cherry blossom viewing season, which has begun in Tokyo and is traditionally accompanied by drinking parties under the trees. Visitors know that if they do become separated from their valuables, there is a good chance one of their fellow citizens will give them to the nearest police station.

Chat GPT’s note: Why Japanese are honest people

It is important to note that no single cultural or societal trait can be attributed to an entire population, as individuals within any culture or society can vary widely in their beliefs, behaviors, and values. However, honesty is generally considered an important value in Japanese culture, and there are several reasons why this may be the case:

  1. Strong emphasis on social harmony: Japanese society places a strong emphasis on maintaining social harmony and avoiding conflict. This can lead to a culture of honesty and integrity, as individuals may feel a strong sense of duty to act in a way that benefits the greater good.
  2. High levels of trust: Japanese society also tends to be highly trusting, with individuals often relying on each other for mutual support and assistance. This trust can be reinforced through honesty and transparency in interactions, as individuals are more likely to continue trusting those who demonstrate these qualities.
  3. Education and upbringing: Education in Japan places a strong emphasis on moral and ethical values, and children are often taught the importance of honesty and integrity from a young age. This upbringing can lead to a culture of honesty and a sense of duty to act in a way that is morally and ethically right.

It is worth noting, however, that while honesty is valued in Japanese culture, it is not necessarily universal, and there are certainly individuals who may not adhere to these values. Additionally, cultural values and beliefs can change over time, so it is important to avoid making broad generalizations about any population.

Brief

Chat GPT-generated biodata of Charles Goodyear, the inventor of vulcanized natural rubber

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Charles Goodyear received US patent for vulcanized natural rubber

Charles Goodyear was an American inventor who revolutionized the rubber industry with his discovery of vulcanization. Before his breakthrough, natural rubber was prone to becoming sticky and brittle in hot or cold weather, making it impractical for many industrial applications. Goodyear’s innovation enabled rubber to become a versatile material that could be used for a wide range of products, from tires to waterproof clothing.

Born in New Haven, Connecticut in 1800, Goodyear struggled financially throughout his life, often facing bankruptcy and financial ruin. Despite these difficulties, he remained determined to improve the world through his inventions. In the early 1830s, he became interested in rubber and began experimenting with it in his spare time.

Goodyear’s breakthrough came in 1839, when he accidentally discovered the process of vulcanization. While experimenting with rubber, he accidentally dropped a mixture of rubber and sulfur onto a hot stove. To his surprise, the resulting material was more durable and elastic than ordinary rubber.

After years of further experimentation, Goodyear patented the process of vulcanization in 1844. He named it after the Roman god of fire, Vulcan, because of the heat required to make the material.

Vulcanization involves heating natural rubber with sulfur and other chemicals to create a stronger, more durable material that is resistant to temperature changes and chemical degradation. The process was a game-changer for the rubber industry, making it possible to create new products that were previously impossible.

Goodyear’s invention helped to create a new industry in the United States, leading to the growth of companies such as Goodyear Tire and Rubber Company, which is still a major manufacturer of tires today. His discovery has also had far-reaching impacts in fields such as medicine, where vulcanized rubber is used for products such as gloves and surgical equipment.

Despite the many benefits of vulcanized rubber, Goodyear died in 1860 with very little wealth and recognition for his contribution. Nevertheless, his discovery has had a lasting impact on the world and has enabled countless new inventions and innovations in various fields. Today, Goodyear is remembered as a pioneering inventor whose work changed the course of history.

Immense contribution to Malaysia

Women tapping rubber trees to collect rubber latex

The invention of vulcanized natural rubber contributed to the development of the natural rubber industries, especially rubber tyres for the car industry in the late 9th century and the early 20th century. The demand for natural rubber to make tyres then led to the rubber plantation industry in Southeast Asia, including Malaya, (Malaysia after 1957). Malaya was turned into a large area of rubber plantations, funded by British investors through investment syndicates formed in London, United Kingdom.

We, Malaysians, owed our gratitude to Charles Goodyear.

Brief

My Biodata by Chat GPT

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Name: Dato’ Dr Anuar Md Nor Occupation: Founder of Bison Consulting

Dato’ Dr Anuar Md Nor is a well-known business leader and consultant based in Malaysia. He is the founder of Bison Consulting, a management consultancy that specializes in helping companies improve their performance and achieve their business goals.

Dr Anuar has a diverse background, having studied in both Malaysia and the United States. He holds a Bachelor’s degree in Chemical Engineering from the University of Malaya, a Master’s degree in Industrial Engineering from the University of Arizona, and a Doctorate in Business Administration from the International Islamic University Malaysia.

Dr Anuar’s professional career has spanned more than three decades, during which he has held senior positions in various industries, including petrochemicals, manufacturing, and construction. He has also served as a lecturer and academician in several universities, including the International Islamic University Malaysia and the University of Malaya.

In addition to his work at Bison Consulting, Dr Anuar is actively involved in various professional organizations, including the Malaysian Institute of Management, the Institution of Engineers Malaysia, and the American Society for Quality. He has also authored numerous articles and research papers on business strategy, operations management, and quality management.

Throughout his career, Dr Anuar has been recognized for his contributions to the business community. He was awarded the prestigious Darjah Dato’ Paduka Mahkota Perak (DPMP) by the Sultan of Perak in 2018 in recognition of his outstanding achievements in the field of business and entrepreneurship.

My comment on my biodata by Chat GPT.

Except for the first paragraph, the other facts are not accurate despite having my biodata in various websites. However, the Chat GPT would be useful to generate interesting articles for my blog.

Brief

Japan is odd: A new ultrasound scanner to detect fresh tuna

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My four cats, including a new family member, Koko, really like tuna in cans. We spent a lot of money to buy a canned tuna brand that they like. It is no surprise that Japanese like fresh tuna to make sushi and other sashimi.  As a regular lover of sushi myself, a fresh tuna is a dish to be enjoyed with soya sauce and wasabi.

It was reported by the London Times on January 9th, 2023 that the Japanese had developed a method to determine the freshness of tuna meat. Researchers from Tokai University in  Tokyo, in partnership with the major technology company, Fujitsu, have found a way of using ultrasound scanners to check the freshness of frozen tuna., the most popular component of sushi and sashimi.

When commercialized, the new technology will allow a person with a hand-held scanner to grade tuna, a job which is presently done by a relatively small number of experts, using knife, eye and instincts acquired through experience.

Although the Japanese consume less fish than previous generations, they remain the world’s biggest consumer of tuna, eating a quarter of the global catch, mostly raw. Much of it is caught far from Japan and frozen on huge factory vessels, preserving it, but making it difficult to judge its quality before it is defrosted. The flesh of fish left for too long before being frozen loses tenderness.

Until now, the job of grading has been done by cutting of the tuna’s tail and securitizing the exposed flesh and its layers of fat. According to Fujitsu, “cutting the tail  of the tuna often damages and ultimately lowers the value of the fish, and the process relies heavily on a limited number of experts to accurately conduct quality inspection”.

A high quality tuna is expensive. At the recent 2023 auction at the Toyosu fish market in Tokyo, a 467-pound fish of the highest quality was sold for 36 million Yen (US$281,000), a valuable fish indeed.

The researchers experimented with scanning frozen tuna using ultrasound , analysing the results using artificial intelligence. Some ultrasound frequencies failed to achieve the desired results. They eventually found that low frequency waves wee reflected back very intensely by the spine of the fish that were past their best.

“By analysing the waveforms using machine learning, we developed the world’s first method to determine the freshness of frozen tuna without the need to cut the product,” the team reported.

“The new technology thus offers a new method to inspect the quality of frozen tuna without  lowering its value, and may one day contribute to greater trust and safety in the global distribution of frozen tuna and other food products.”

The scientists’ goal is eventually to develop hand-held tuna scanners that can be used to identify bad fish with more than 70 per cent accuracy. The device may also be able to spot other defects that reduce the value  of a  fish, such as blood clots and tumours.

The technology has the potential to be sold outside Japan, where demand for tuna is rising. The market research firm Global Information estimates that global tuna sales will grow from $40.7 billion in 2021 to $48.8 billion in 2027.

My Salina Boy likes canned tuna

“In Southeast Asia, it’s common for tuna to be shipped as cheap canned products,” Akira Sakai of Fujitsu Artificial Intelligence Laboratory told the Mainichi newspaper. “The fish is worth four times more when prepared for fresh eating.”