Hu Yoshida

A data scientist, a storage specialist, and a lawyer walk into a bar….

Blog Post created by Hu Yoshida on Mar 1, 2017

I included this phrase in my blog post  Email Investigations Made Easier with HCP/HCI to explain that while the data scientist will interpret and represent data mathematically and the storage specialist will focus on storing, protecting and retrieving data; the lawyer is only interested in finding evidence to prove or disprove that something has occurred. HCP and HCI will do the work of the data scientist and the storage specialist so that the lawyer can concentrate on what he does best.

 

I received the following comment from Tony Cerqueira in response to my post:

 

“I heard the same joke, but in the final line, the lawyer turns his job over to an AI algorithm, and is then consumed by wild dogs.”

 

Tony makes a great point about AI.

 

AI and robotics is going to put a lot of people out of work, which is a great concern to economists and politicians.

 

Otto.png

 

Last October, Otto’s self-driving 18 wheeler truck cruised down Colorado I25 for 120 miles to deliver 50,000 Budweiser beers from AB InBev NV’s distribution center in Fort Collins to Colorado Springs. This was the first commercial use of self-driving trucks. AB InBev said it could save $50 million a year in the U.S. if the beverage giant could deploy autonomous trucks across its distribution network. Otto is an American self-driving technology company established in January 2016 and acquired in August 2016 by Uber. It retrofits semi-trucks with radars, cameras and laser sensors to make them capable of driving themselves.

 

Self-driving trucks will supersede the need for self-driving cars since the trucking industry desperately needs them. The trucking industry hauls 70 percent of the nation’s freight and simply doesn’t have enough drivers. The biggest problem trucking companies have is the hiring, training, and retention of truck drivers. The American Trucking Association pegs the shortfall at 48,000 drivers, and says it could hit 175,000 by 2024. According to the ATA there are 3.5 million professional truck drivers in the United States. What would happen if they were all replaced by self-driving trucks?

 

Trucking will become safer and more efficient and distributors will be able to save tons of money. Distribution costs are roughly 10% of product costs according to Price Waterhouse Coopers. On the downside there will be millions of people out of work.

 

Last month when I talked to a Finnish customer I learned that Finland has become the first country in Europe to pay its unemployed citizens an unconditional monthly sum. Under the two-year, nationwide pilot scheme, which began on 1 January, 2,000 unemployed Finns aged 25 to 58 will receive a guaranteed sum of €560 (£475). The income will replace their existing social benefits and will be paid even if they find work. The details were published in the Guardian. This is the concept of a universal basic income which is gaining traction as automation threatens jobs and traditional welfare systems become complex and unwieldy. In Europe similar experiments are being proposed in the Netherlands, France, Italy, and Scotland. In Canada, Ontario is set to launch a similar project this Spring.

 

“Credible estimates suggest it will be technically possible to automate between a quarter and a third of all current jobs in the western world within 20 years,” Robert Skidelsky, professor of political economy at the University of Warwick, said in a paper last year. He said a universal basic income that grew in line with productivity “would ensure the benefits of automation were shared by the many, not just the few.”

 

Digital transformation and IoT promises to increase productivity and increase efficiency. Will this require a universal basic income for the workers that will be displaced?

 

A universal basic income will be preferable to being consumed by wild dogs. At any rate I don’t think lawyers will be displaced since automation like self-driving trucks will create a lot of litigation.

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