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TECHNOLOGY AT WORK

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24<br />

Citi GPS: Global Perspectives & Solutions February 2015<br />

Here data serves as a substitute for the implicit knowledge human workers possess.<br />

Such data (termed training data in the parlance of machine learning) is usually<br />

drawn from recorded human judgment: 47 for example, the data might be humanprovided<br />

labels of the translation of a piece of text. As such, these data can be seen<br />

as a way of encoding human knowledge such that it can be extended to many<br />

different iterations of a task. That is, algorithms allow for scaling beyond the human:<br />

a single dataset of human judgments might be drawn upon to make decisions many<br />

times a second for years. As a result, computerisation is no longer confined to tasks<br />

that can be written as rule-based procedures a priori, but is spreading to any task<br />

where big data becomes available.<br />

Big data is increasing the types of work that<br />

are susceptible to computerisation, including<br />

retail and sales occupations<br />

The ability to store and process large<br />

amounts of data is helpful to the legal<br />

industry…<br />

…and leading to the automation of<br />

diagnostic tasks in healthcare<br />

Retail and sales occupations may become susceptible to computerisation due to the<br />

rise of big data. As an example of the scale of data now employed in retail,<br />

Walmart's databases contain more than 2.5 petabytes (2.5 × 10^15 bytes) of<br />

information. 48 The algorithmic recommender systems used by Netflix, Amazon and<br />

Spotify are built on big data characterising the preferences and spending patterns of<br />

their large customer bases. These recommender systems use sophisticated<br />

machine learning techniques to compare a particular customer's purchases to those<br />

of other customers, and, with instant recall of large product catalogues, can provide<br />

product recommendations that, in many instances, may be more useful than those<br />

of a human salesperson. Finnish company walkbase is taking a similar approach to<br />

physical retail, using big data analytics on in-store customer behaviour in order to<br />

offer in-store product recommendations. We expect these technologies to apply<br />

increasing competition to human retail assistants.<br />

Legal services are also being affected by the ability of computers to store and<br />

process big data. In particular, algorithms are increasingly substituting for tasks<br />

performed by paralegals, contract and patent lawyers. More specifically, law firms<br />

now make use of systems that can scan thousands of legal briefs and precedents to<br />

perform document review and to assist in pre-trial research. As an example,<br />

Symantec's eDiscovery platform is able to perform all tasks "from legal hold and<br />

collections through analysis, review, and production", and proved capable of<br />

analysing and sorting more than 570,000 documents in two days. 49 Similarly, there<br />

are an increasing number of businesses, including Talent Party, Jobandtalent,<br />

Knack and Electronic Insight, using big data to automate recruitment. 50 In particular,<br />

these firms use millions of CVs (résumés) and profiles characterising career<br />

trajectories in order to understand what makes different candidates suitable for<br />

different roles. These data can then be compared against those gathered on a<br />

specific candidate from the patterns of language used in their applications, and, in<br />

some cases, by having them play browser games. The power of algorithms to work<br />

with this big data in a way that is impossible for humans is likely to threaten<br />

employment in recruitment.<br />

In health care, the increasing availability of big data is leading to the automation of<br />

diagnostics tasks. For example, IBM's Watson system is being employed by<br />

oncologists at Memorial Sloan-Kettering Cancer Center 51 to suggest treatment<br />

options for cancer patients. These suggestions are informed by data from 600,000<br />

medical evidence reports, 1.5 million patient records and clinical trials, and two<br />

million pages of text from medical journals. With reference to this data, Watson can<br />

47 The human experts who provide such training data are rarely compensated in<br />

proportion to the value that their data provide.<br />

48 Cukier. (2010).<br />

49 Markoff (2011).<br />

50 Wall (2014).<br />

51 Bassett (2014).<br />

© 2015 Citigroup

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