STEM Jobs, Altaba, AI Displaces Humans And Original iPhone Announcement

STEM JobsOn Episode 337 of The Waves of Tech, we dive into tech topics that are meaningful to you, your family, and your friends.  We begin by sharing a list of STEM jobs available to workers in the marketplace that do not require a 4-year degree.  Next, we share the story of a Japanese company displacing workers with Artificial Intelligence technology.  The iPhone was announced 10 years ago by Steve Jobs at the 2007 Apple event, sharing the revolutionary nature of the phone and the announcement.  And finally, we provide a Yahoo-Verizon update which includes a strange new branding and company.  Enjoy the podcast and continue to ride…the waves of tech.

In the tech industry, we spend a lot of time concerning ourselves with 4-year degree programs that universities offer focused on science, technology, engineering, and math.  In this segment, we focus on STEM jobs that are growing in demand and available with less than a 4-year degree.

  • Web developers and computer user support specialists are in high demand
  • Most of the available jobs range in salary between $42,000 and $68,000
  • A 4-year degree may not be available to all and options are available
  • Many non-degree STEM jobs require a high school diploma & integrate on-the-job training
  • STEM jobs are available in government, auto manufacturing, engineering, and health care

Artificial Intelligence (AI) continues to make headlines, with much attention given to it during the recent CES event in Las Vegas.  We’ve seen AI displace workers in auto manufacturing and production.  The trend is moving upward at a faster pace.  A Japanese mutual life insurance company announced that they are officially replacing office workers AI technology.

  • 34 employees that calculate insurance payouts to policy holders are being displaced
  • The AI system costs $1.4 million, savings the company about $1 million per year
  • The system is based on IBM’s Watson Explorer and increases productivity by 30%
  • The system possesses “cognitive technology that can think like a human”, enabling it to “analyse and interpret all of your data, including unstructured text, images, audio and video” (Source, The Guardian).

Name one revolutionary product to hit the market over the past ten years.  The one that comes immediately to mind is the iPhone, announces 10 years ago by Steve Jobs.  On January 9, 2007, the then CEO Jobs announces “a widescreen iPod with touch controls, a revolutionary mobile phone and a breakthrough internet communications device” which changed the manner in which we communicate.

  • The announcement cemented his legendary status as Apple CEO
  • iPhone set the standard for mobile computing and revolutionized the mobile industry
  • Jobs spawned the growth of app development and thousands of tech start-ups
  • Current CEO Tim Cook says the best is yet to come regarding the iPhone

We all thought Yahoo was going away after their eventual sale to Verizon.  Well, Yahoo isn’t really going anywhere in some respects.  A portion of Yahoo not being sold to Verizon will be rebranded as Altaba.  Also, Yahoo Japan is not part of the sales agreement with Verizon.

  • The search engine and homepage are staying put for Altaba
  • Verizon is picking up the advertising, video presence, blogs, and e-mail system
  • Mayer will be positioning in Verizon’s executive hierarchy, not associated with Altaba
  • Essentially, Verizon is splitting Yahoo into two companies prior to their purchase.
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