Loading...

WATCH: A glimpse into machine learning and why firms should embrace it

Aug 08 2017 17:25
Liziwe Ndalana

Cape Town – People shouldn't be afraid of machine learning, they should rather embrace it as it will open up job opportunities that didn't exist before.

This is the view of entrepreneur and co-founder of  DataProphet Daniel Schwartzkopff, 28. DataProphet is a machine-learning company that helps companies improve productivity in order to save money.

Schwartzkopff said rules-based professions such as accounting, doctors and lawyers will be replaced by machine learning in the near future, but new jobs which did not exist five years ago, such as data scientist or machine learning engineer will get prominence.

"This is a new field that people should start getting accustomed with."

WATCH: Schwartzkopff explains his funding challenges and future plans.

ALSO READ:


Digital technology could create, rather than destroy, jobs - expert

Machine learning is here. How switched on are you?

SA firm to use AI to predict crime before it happens

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

entrepeneurs  |  startups  |  profile  |  small business
NEXT ON FIN24X

 
 
 
 

Company Snapshot

#SAVINGSMONTH

Five of SA's top financial brains, including SARB governor Lesetja Kganyago share their best savings habits.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Are you prepared for the latest round of Eskom’s load shedding??

Previous results · Suggest a vote

Loading...