It's been over 200 years since the industrial revolution, and we could be in the midst of a cybernetics revolution as machines and humans become more and more interwoven. Mazin Gilbert, VP of AT&T Labs, was with us to discuss whether the Cybernetics Revolution will be more disruptive than the Industrial Revolution.
Just like the Industrial Revolution, which marked the beginning of automation and retooling of machinery and the workforce, the Cybernetics Revolution is changing the way society works. Only now, the automation is software-centric and even more data-driven, allowing AI to self-repair and continuously self-optimize to become more intelligent. Gilbert explained the ways data and automation are changing the way we work and how there's a re-teaching of skills in the workforce underway.
There's an ongoing debate between Zuckerberg and Musk on the impact of A.I. on society. Just like any technology, Gilbert said there are always both benefits and things we have to watch out for. Without search, he said we would not know what to do as a community.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
Long-haul carrier Emirates opened the Dubai Air Show with a $52 billion purchase of Boeing Co. aircraft.
Krispy Kreme is giving out a dozen free original glazed donuts to the first 500 customers who visit participating stores for World Kindness Day.
'The Marvels' made just $47 million at the box office for its opening weekend.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.
Google's parent company Alphabet says it has dissolved its stake in Robinhood.
Stocks fell slightly in Monday's opening session after credit rating for the U.S. was downgraded on Friday.
Workers at 24 Ford production facilities in Kentucky have voted against a tentative labor agreement.
Thousands took to the streets in San Francisco to protest the kickoff of the Asia Pacific Economic Cooperations Summit.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
