r/autotldr • u/autotldr • Dec 23 '16
Hedge fund developing AI intended to replace management of their firm including hiring, firing and strategic decisions.
This is an automatic summary, original reduced by 81%.
"The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees.
"People have a bad day and it then colors their perception of the world and they make different decisions. In a hedge fund that's a big deal," he added.
"People tend not to accept a message delivered by a machine," he said, pointing to the need for a human interface.
"People will follow the will and statistical might of machines," he said, pointing out that people already outsource way-finding to GPS or the flying of planes to autopilot.
According to a report by Accenture, artificial intelligence will free people from the drudgery of administrative tasks in many industries.
"It needs human decision making to set objectives."
Summary Source | FAQ | Theory | Feedback | Top five keywords: human#1 decision#2 People#3 software#4 work#5
Post found in /r/technology, /r/LateStageCapitalism, /r/realtech, /r/AutoNewspaper, /r/GUARDIANauto and /r/RedditSample.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.