Wednesday, June 1, 2022

MKTG 6101 Week 5 Post 1 Surfing the Tsunami

 

MKTG 6101 Week 5 Post 1 Surfing the Tsunami

By: Freddy Garcia 6/01/2022

          I stared Chapter 3 of Dr Kelsey’s book Surfing the Tsunami this week. I am a believer in AI and the strong impact it has had and will continue to have. I have seen AI impact almost every sector. The book discusses how many people are pessimistic about AI, but I am on the optimistic camp. I believe AI will do a lot of good and can improve our over all quality of life.

AI will also have some negative impacts as they will replace humans for jobs. I just read in Fox Business News that US robot orders surged 40% as labor shortages and inflation persist. https://www.foxbusiness.com/technology/robot-orders-labor-shortages.  Unfortunately, the Robots replace humans for jobs but on the positive side there is a labor shortage that was not being met by human capital. AI was able to fill the labor shortage need and will also do it in a much more cost-effective manner that will help during inflationary periods that we are currently experiencing.



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