The hot career path for graduates
changes every generation. Many decades ago it was oil, or advertising. In the
late 80’s, investment banking was in, and then was supplanted by internet
companies. Following the early 2000’s technology bubble, private equity and
hedge funds became the most desirable for talented graduates, and now Silicon
Valley is once again in vogue.
I am glad that the technology
sector has picked up again. We absolutely need the smartest people to go into
the field, and build the products and services that will move the world
forward. Technological innovation is the tide that lifts all boats, and it can impact
other industries in both dramatic and subtle ways. For example, I see
tremendous implications for machine learning techniques. The same AI training
method that produced AlphaGo, the Go world-champion-beating machine, was also
recently been used to build Liberatus, a No Limit Texas Hold’em AI that won a
statistically significant match against 4 of the best heads-up poker players in
the world. By teaching a machine to develop its own solutions, we have imbued computers
with the power to learn almost any skill.
Imagine a future where business
negotiations, law, finance, or even the arts, are not only performed better by
computers, but their methodology and results are also virtually
indistinguishable from those of humans. Just AI development alone, itself a
relatively narrow subset of technological innovation, can potentially make the
vast majority of jobs obsolete. It is difficult to fathom how, with these kind
of stakes, we can be satisfied with the best and brightest among us to work in
anything but in technology. We are fortunate we have reached a stage in the
economic and political climate where participation in the technology sector is financially
rewarding, more accessible than ever, and encouraged by the government and its
citizens alike.
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