Moelis , Founder of the Green Institute , sponsored the Closing the Gap conference in the next five to ten years , in order to debate the “national emergency” of the threat by artificial intelligence, machine learning, big data and robotics to both white-collar and blue-collar jobs over the first week of December 2015 . Experts like Ken Moelis , CEO of investment bank Moelis & Co , contended that while changes in technology might be disruptive this can be good for consumers because it may encourage better price transparency, pricing power, efficiency and choice. Moelis went on to say that some businesses may find that automation increases competition and drives down their profits. According to Ken Moelis , two solution for offsetting the widening skills gap that may end up being created by increasing automation of jobs would be lifelong education.
Jeff Greene, Founder of the Green Institute, sponsored the Closing the Gap conference in the first week of December 2015, in order to debate the “national emergency” of the threat by artificial intelligence, machine learning, big data and robotics to both white-collar and blue-collar jobs over the next five to ten years. Experts like Ken Moelis, CEO of investment bank Moelis & Co, contended that while changes in technology might be disruptive this can be good for consumers because it may encourage better price transparency, pricing power, efficiency and choice. Moelis went on to say that some businesses may find that automation increases competition and drives down their profits. According to Greene, one solution for offsetting the widening skills gap that may end up being created by increasing automation of jobs would be lifelong education.