the horse is here to stay!?
“The horse is here to stay but the automobile is only a novelty — a fad.” In 1903 president of the Michigan Savings Bank advised Horace Rakham to avoid investing in Ford Company. Rakham ignored it and sold his real estate to invest $5000 in Ford that turned out to be $12.5 million in the next 16 years. Ford to Ferrari every car engine capacity is measured in Horse Power (hp) since then. The question is what are the horses up to now? They are still around for special purpose and in limited use only. They are irrelevant for transportation. Recent fears of Artificial Intelligence ,Machine Learning to takeover software programmer jobs, what would be the future of the white collars clocking 40 hours per week? No one was bothered about AI till 1997 when IBM Robot defeated world chess champion Garry Kasparov. If Robot can master the most difficult job, what is left for it that is not a doable? Before diving into AI, let us recollect if it is the first time Automation is challenging a