From Lab to Patient, Garage to Market WILL MACHINES MOLD FUTURE MARKETS?
could have a detrimental impact on the careers of knowledge workers, including lawyers. I can’t help but think of the young professionals who are currently working hard to learn a craft that will eventually (perhaps even soon) be performed solely through AI. The art of learning will be affected as well, as there will be less demand for young people to learn skills that have traditionally helped them solve problems and perform tasks independently. Of course, there’s also a positive side to consider. Adapting to change is a cornerstone of any successful entrepreneurial endeavor. Think of the buggy whip workers who had to pivot into careers in the automotive industry. AI will present new opportunities for anyone willing to learn and adapt to changing circumstances. The technological advances we’re seeing today may be overwhelming or even threatening in some cases, but the spirit of ingenuity needed to succeed amid them is as old as entrepreneurship itself. I have no doubt that technology and life sciences startups will succeed in this changing landscape, and I’m sure the most intrepid young professionals among us will embrace the new skill sets demanded of them. Naturally, the practice of law will move on accordingly to provide innovators the support and guidance they need. Just as the riders on the Pony Express couldn’t have imagined a letter being sent from New Jersey to California with a single keystroke, the communication methods that will exist centuries from now are beyond our comprehension. But for now, perhaps the greatest way to communicate is among the oldest. No matter how impressive technology becomes in our lifetimes, nothing beats communicating one-on-one to establish meaning and trust with another human being. These days, it seems to me that people distrust our institutions but yearn to trust someone . In an age when so much falsehood and hype pervades the internet and elsewhere, success in business and life awaits anyone who can look someone in the eye, communicate effectively and present themselves as someone to trust and believe in. ... continued from Cover
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There have been endless discussions about how artificial intelligence (“AI”) is impacting human productivity and communication, but what about its role in revolutionizing robotics ? This and a host of other intriguing questions are explored at length in Episode 14 of Philip Crowley’s “From Lab to Patient, Garage to Market” podcast. Professor Brendan Englot, a faculty member at Stevens Institute of Technology in Hoboken and the director of the Stevens Institute of Artificial Intelligence, joins Philip to unpack how AI is reshaping everything from academia to the global workforce. A mechanical engineer with a lifelong interest in robotics, Professor Englot joined the Stevens Institute of Artificial Intelligence (an entity founded in 2018 as a self-described “interdisciplinary, tech-driven collaboration of engineering, business, systems and design experts” ) as its director in 2023. Since that time, the group has grown from approximately 50 faculty members to over 100, representing nearly one-third of Stevens’ total educator base. The institute’s ongoing work has revealed an increasingly strong likelihood that AI- driven robots will eventually replace humans in certain occupations. “In robotics, we have a set of tasks we call dull, dirty and dangerous … the ‘Three Ds,’” Professor Englot explains. “Those are the ones that we’re really focused on [in] trying to eliminate the need for humans to expose themselves to risk and danger through those kinds of tasks, [such as] diving to the extreme depths of the ocean to operate an oil drilling site, working in certain types of construction that are highly dangerous, going to outer space or working in different kinds of piloting applications.”
Although current AI technologies have shown great potential, Professor Englot noted that limitations still exist.
“[AI] is becoming increasingly capable, but what it cannot do is generate new knowledge [...] I don’t think there’s an AI yet that knows how to advance the frontier of knowledge.” Hosted by Crowley Law LLC Founder and Managing Partner Philip Crowley, the “From Lab to Patient, Garage to Market” podcast is available on YouTube, LinkedIn, Facebook, Apple Podcasts, Spotify and all major podcast channels.
The advancements civilization has made are worthy of celebration this month (and always), but we should
never forget the humanity and interpersonal connections that have driven those innovations and will shape the technological marvels to come. –Philip Crowley
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