Alexandre Perez Casares is Co-founder and Director of The Altius Society at Oxford, as well as venture capitalist with a broader interest on issues of international political economy. He has been a private equity investment executive at Kohlberg Kravis Roberts in London, an investment-banking associate at Goldman Sachs New York, and strategy consultant at McKinsey Europe and Brazil. From 2009 to 2012, Alexandre attended the Stanford Graduate School of Business, where he earned his MBA, and the Harvard Kennedy School of Government, where he graduated with a Master in Public Administration. He also holds an MSc and BSc in Industrial Engineering from the University of Valladolid, graduating summa cum laude and earning the National Prize by the Spanish Minister of Education, awarded to the top 3 engineers in Spain. He has been awarded the Rafael del Pino Foundation, Carolina Foundation, Caja Madrid and Fulbright scholarships. Additionally, he has published policy and opinion pieces on publications such as the Financial Times and the New York Times.

Abstract

The Brain of the Future

The ‘Age of the Cognitive Machines’ is the most drastic economic transition since the Second Industrial Revolution. This transition is driven by the confluence of multiple technological innovations –such as advanced robotics, big data, machine learning and the exponential growth of computation capabilities– which result in the ‘Rise of Intelligent Machines’, understanding ‘Machines’ as a concept beyond its physical connotations, and leveraging the change of paradigm in machine intelligence, an evolution from Turing Machines to Inference Machines. This transition will result in rapid increases of productivity of goods and services, shifts in the structure of our societies and cultures, major disruptions for global commerce and the balance of international power (economic and military), and growing income gaps driven by technological unemployment and the nature of wealth creation.

According to the Oxford Martin School, approximately 47% of total US employment is at risk of being replaced by computerization over the next two decades, the fastest and strongest rate of change in the history of Humanity which will require the re-design of the Social Contract as well as the existing education institutions (e.g., Universities).

Beyond the economic opportunities and challenges posed by AI (artificial intelligence), this transition will require a new paradigm of national and global Governance. How will AI impact the global geopolitical architecture? What will be the role of the human species –and its current organizational structures– in a world of increasing complexity driven by intelligent machines?

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