"Symptomatic of this transition to the data age is why online privacy and data security have become such a central talking point in our commerce and business, but also our culture and society," said Koenig. "When we look around the world, different regions are addressing this matter in different ways. In Europe, we have the GDPR, where you have regulatory things around what you can do with data, and on the other side, you have China, where you have no expectation of privacy."
If you had any doubts about whether privacy has made the big time, his statement should speak volumes. Last year I only found the letters "G-D-P-R" at one single booth, and during my first day of
AI is here, and it is here to stay. Koenig cited a study from the McKinsey Global Institute that states AI could contribute an additional 1.2 percent to annual GDP up to 2030. One of the major AI drivers is voice assistants. The devices are expected to be a force at CES this year. Don't believe me? The monorails surrounding the LVCC all say "Hey Google" on them.
A recurring theme during the AI sessions involved algorithmic bias. Specifically, several speakers talked about the lack of diversity from those who code algorithms, since the majority of those individuals are white and male. They called more coder diversity to ensure all people are represented equally, especially as populations continue to shift.
"I think it’s worth being thoughtful and intentional about what you are going to do [moving] forward," said HireHer CEO Ruth Chandler Cook. "You have to think about who you’re customers are going to be, then you need to make sure the thing you are implementing considers what is important to them."
And then there's AI ethics. Hanson Robotics CEO David Hanson said even regulations for AI may be biased if they are created by lawmakers who are predominantly older, white males. Another session on bias in AI featured panelists who cited Amazon's flawed hiring algorithm and MIT Media Lab Researcher Data Care Act. Hanna said such a bill is vital for the development of AI. Companies need to use data in order to advance the capabilities of artificial intelligence, and a bill enshrining the duty of care could help those organizations inform what they should and should not do with data, which will help build trust with the public.
Koenig is most likely correct, we are entering the "data age." If this is truly a new era, than privacy stock is on the rise. Judging by day one here in Las Vegas, it certainly seems to be the case at CES.