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clrmoney
clrmoney
3/15/2017 10:28:38 AM
User Rank
Platinum
Artificial Intelligence Lab
I think if Telenor has the funds and resources to do it then I'm all for it as long as it's useful and valuable.

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Michelle
Michelle
3/15/2017 10:49:42 AM
User Rank
Platinum
Leading leaders lead
Innovation will drive the future of AI and big data analytics. Telenor's creation of this new AI lab can certainly help advance these technologies. Telenor has placed the importance of re-training existing employees high on its list of priorities. This decision to focus on training will help the company gain a lot of insight -- perhaps they'll be willing to share lessons learned sometime after the transition is complete.

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Mike Robuck
Mike Robuck
3/15/2017 12:42:51 PM
User Rank
Author
Re: Leading leaders lead
Good story idea, Michelle. I'll see if I can follow up with them. I have more info from my interview with Bjorn that I will hopefully be posting in the near future. 

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DHagar
DHagar
3/15/2017 6:49:18 PM
User Rank
Platinum
Re: Leading leaders lead
@Michelle, very true about the value of upskilling people to be effective users of AI.  It will also potentially create another market in shifting from the tech-oriented people to the business users.

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DHagar
DHagar
3/15/2017 6:50:44 PM
User Rank
Platinum
Re: Leading leaders lead
@Mike, great reporting and recognition - to keep us informed - of leading innovations and R&D!  I look forward to the extended interview.

The future will not just be applications, it will result from further learning and R&D.

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Mike Robuck
Mike Robuck
3/16/2017 9:47:25 AM
User Rank
Author
Re: Leading leaders lead
@DHagar, thanks. I like that Telenor isn't willing to let the Google and Facebooks of the world dominate certain tech developments. This push for AI is really about giving Telenor a seat at the table, and pushing bounderies across Norway as well. 

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DHagar
DHagar
3/16/2017 7:37:39 PM
User Rank
Platinum
Re: Leading leaders lead
@Mike, outstanding.  Telenor seems to truly understand and be creating a solid platform for transformation.

Fully agree with you on not turning the definitions over to the solely market-driven applications like Facebook and Google.  In my view it estblishes a minimal market to begin with - where Telenor can truly push the boundaries, which is need for AI.

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JohnBarnes
JohnBarnes
3/18/2017 4:12:35 PM
User Rank
Platinum
Re: Leading leaders lead
DHagar,

Besides claiming some badly needed public ground -- rather than just handing this whole huge new field over to THe Silicon Valley Billionaires Club as a private fief -- there's another benefit, the principle that tech historians call the Air Mail Paradigm, what nuclear power companies called Sustainable Base, and what NASA calls Anchor Tenancy.  For an industry to innovate, it needs a certain amount of slack -- surplus capacity supported by a guaranteed source of revenue, so that as the industry grows, there are always more skilled people and usable resources available to take advantage of new opportunities. 

For the three examples I just mentioned, the early development of commercial air travel was supported by the Post Office guaranteeing payments to anyone who would fly a bag of mail where they needed it; many of the earliest airline companies survived and grew on air mail money long before passenger traffic was adequate (this became especially important in the Depression when travel became less affordable and much less frequent for the well-off market). 

Sustainable Base was the basic idea that since nuclear power plants were more economical the bigger they were, what you wanted was an extremely electricity-hungry grown industry nearby (e.g. aluminum, heavy manufacturing, etc.) so many of the early reactors were sited near such places.

Anchor Tenancy is a matter of returns to scale -- rockets get cheaper if you build more of them, so you want a frequent regular buyer of space launches.  At one time military satellites were the only real anchor tenant; communications and to some extent weather satellites and earth resource satellites are now becoming anchor tenants as well.

What Telenor can establish is that there will always be jobs, skilled workers, tech advances, etc. in machine learning in Norway -- which means that the industry will always have a base there, and Norway gets to stay in the game.  For a small nation that historically has had to rely on a highly educated populace, that's a very smart investment!

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DHagar
DHagar
3/20/2017 7:05:09 PM
User Rank
Platinum
Re: Leading leaders lead
@JohnBarnes, as always, very thought-provoking. 

 

Sounds like an exellent model and why I think European countries may lead the US in innovation!

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ms.akkineni
ms.akkineni
3/28/2017 3:52:58 PM
User Rank
Platinum
Re: Leading leaders lead
@DHagar, @Michelle:

Training existing workforce to cater to organizational direction is an excellent approach. This is a better idea than bringing complete set of brand new force when you think of learning curve in terms of SME knoweledge with in the company, culture tec. 

 

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