According to award-winning expert Pascal Bornet, algorithms are to white-collar workers what tractors were to farmers, representing a fundamental shift in how work is performed. Bornet, ranked as one of the top 10 global experts in AI and Automation and named among the top 25 AI Influencers to follow in 2024, brings extensive credentials to the discussion of hyperautomation's impact on labor markets. His perspective challenges the purely negative narrative surrounding artificial intelligence's effect on employment.
Bornet notes that robotic process automation (RPA) and AI dramatically increase worker productivity while shrinking the total workforce required for the same output. However, he emphasizes that as some work activities become displaced, new, more fulfilling and value-adding roles emerge. This nuanced understanding of technological disruption forms the core of his upcoming keynote address at the Crossroads Summit sponsored by https://www.tradestation.com, where he will explore the dichotomy between risks and opportunities created by hyperautomation.
The summit itself addresses broader themes of juxtaposing potential risks against possible opportunities emerging from rapid global changes. Beyond technological disruptions like AI and decentralized currencies, the event examines economic uncertainty marked by shifting interest rates and persistent inflation pressures, all occurring against a backdrop of regional conflicts and global tensions. Despite these challenges, the summit positions itself as a catalyst for uncovering unexpected investment opportunities that emerge from market disruptions.
TradeStation Group's involvement as title sponsor brings substantial expertise to the event, particularly through their trading and brokerage solutions that support both sophisticated traders and institutions. Their sponsorship aligns with the summit's mission to provide business leaders and investors access to respected authorities across multiple disciplines including economics, political science, history, demographics, and technology. The combination of Bornet's expertise in hyperautomation and TradeStation's financial market knowledge creates a comprehensive framework for understanding how technological advancement intersects with investment strategy in an increasingly automated world.
