So could for instance, a leader be substituted with an AI tube? So if we look back on the Internet and today, can in hindsight observe that first we utilize that that's a productivity tool, after a while we started using it as a business development tool, and gradually ending up today, ending up in a situation where a whole industry is becoming disrupted. Could it be likely it's the same to be happening with artificial intelligence in a couple years from today? Well, maybe the answer is actually yes. So far we, ourself, could start off utilizing it as a productivity tool, gradually finding it as a tool that we can utilize to develop the business. Then, yes, it's fairly likely that it will shake up the whole industrial landscape a couple of years ahead. There is actually small details we could observe that indicates that. A good sign of that is when we look on occupations. There's been lots of talk about what kind of jobs will be gone when we digitalize work. Nearly all these conversations relates back to specific research project that was done in Oxford. I think it was around 2013. A couple of AI or actually computer scientists decided to look on all occupations existing on the globe, at least trying to look on every kind of occupation we can come up with. Then try to understand how much of that work could be digitalized. Top of the list ended up, we could find fashion models, cashiers, and lawyers. What was the logic behind that? Well, cashiers is obviously something we could digitalized. Most of us don't anymore meet the cashier when we shop our food for instance. We just check out with our mobile or credit card or a hand screen or whatever. So that's nearly already gone. That's a job that seem to be vanishing. Fashion models, why them? Well, fashion models are actually rather complicated people and on top of that, they're expensive. So imagine that we could digitalize them instead. That's actually already been done. Maybe for instance you did like to see the concert with Whitney Houston that was done a couple of years ago. But hey, Whitney Houston is dead. Yes, that's the point. It was actually a hologram concert with Whitney Houston that was broadcasted. Imagine we could digitalize a fashion model person that could be of interest. Now, the third field lawyers. What to actually lawyers do? Well, it depends on who we talk with and who is actually answering the question, but a common comment about lawyers is that they are mainly working with pattern recognition and following rules. They interpret the law and then they see a pattern on whether a person should be guilty or not. That is most likely a reason why we already can see that there are lawyer firms particularly in the US that have already started to utilize AI tools for the simple stuff. I like to think that the world's first robot lawyer. DoNotPay, well, if succeeded if the word lawyer is completely removed from the dictionary for average people. Joshua Browder is trying to upend the legal services industry. His company, DoNotPay, has built an AI-powered chatbot that interviews users about their legal problems in plain English, then uses their answers to complete and submit legal paperwork on their behalf. The 21-year-old entrepreneur from the UK who taught himself to code with YouTube videos, lives and works with his eight-person team out of the same Palo Alto house that Mark Zuckerberg rented during his first summer in California building Facebook. DoNotPay initially focused on fighting parking tickets and Browder says it succeeded about half the time, saving users $16 million in fines over its first three years. Now, operating on just over a million dollars in venture capital funding, the company is extending its legal services to a broad range of issues all free of charge. There are such fundamental issues where the small better software can help millions of people. People don't even know which court house to go to or what documents to file and if you can just help with that, then you can solve maybe half the problem. Instead of employing a newly examined lawyer, that tells us something. It tells actually that the computer tools like AI is closing up to our own job. So could for instance, a leader be substituted with an AI tool? That could be a rather rough statement to say, meaning my job will be gone. But seriously, what do a manager do? Go to meetings, make decisions, making decisions based on what? Pattern recognition. Seeing it in that way, it's not unlikely to claim that quite a lot of leadership jobs can actually be substituted if we look ahead in the future with an AI tool and then of course, the natural consequences of that is that it's likely to imagine that further on in future, AI will shake up the whole industrial landscape. An interesting example of that could be music streaming. We've gone during the last 20 years from vinyl records, to CD records, to piracy, to streaming. At this moment, nearly all of us do stream music. But hey, imagine that we sit in the car, have a drive of like 25 minutes back home and then they just tell the car, "Hey, car I got 25 minutes drive back home. I like jazz and actually the voice of Janis Joplin is something I liked, and by the way, I saw this documentary about XYZ on YouTube yesterday evening and saxophone is a really nice instrument. Could you please play me some songs on that?" Is that science fiction? Yeah, in some sense it is but we actually already can feel or actually already can see that AI is used in order to produce, well, not the most advanced symphonies but it's closing up. If you go to a streaming service like Spotify for instance, you could actually find some albums there that are developed with the help of AI. Then the question is, if you can't get your song instantly handmade for you, would you go for a streaming service? Meaning a service that is having all existing songs in an existing library or would you prefer the instant one? Well, if your answer is the instant one, it's likely that we will see the whole music industry getting a new shake around in a couple of years ahead or maybe this is like 10, 15, 20 years ahead or maybe streaming services that we have at this moment has the capability of locking us in. So we don't want that kind of service. But the point is, in the long run, it's likely that we will see more disruptive situations coming in the industry just because of AI. In the same way as we actually have seen it, doing it, based on the Internet previously.
