2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

The excitement of artificial intelligence (AI) is seemingly carrying the stock market higher. Those stocks that Wall Street has deemed to be AI winners, like Nvidia or Super Micro Computer , have multiplied in value over the past year, a parabolic journey that’s made investors very wealthy.

Perhaps the next big AI move will be companies that integrate AI technology to become better businesses. In this category, stocks like UiPath (NYSE: PATH) and Monday.com (NASDAQ: MNDY) come to mind. These two stocks have done well over the past 18 months, but more upside could be ahead. 1. UiPath: Accelerating with […]

SURESH BABU: How AI affects carmakers’ workforce is up to us

SURESH BABU: How AI affects carmakers’ workforce is up to us

Legislators should steer the technology to upskill and reskill workers to prepare them for its adoption

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Subscribe now Picture: 123RF Artificial intelligence (AI) has long been a rich source of storytelling: from the HAL 9000 computer — the brainchild of Stanley Kubrick and Arthur C Clarke in the film 2001: A Space Odyssey — to the replicants in the epochal blockbuster Bladerunner and the genocidal Skynet programme in the Terminator franchise.Some […]

Ethical Considerations in Robotics and AI: Navigating the Moral Dilemmas of Automation

Ethical Considerations in Robotics and AI: Navigating the Moral Dilemmas of Automation

In a world where robots and artificial intelligence are becoming increasingly integrated into our daily lives, the ethical considerations surrounding their use have never been more important. From autonomous vehicles to chatbots, the decisions made by developers and programmers can have profound moral implications. Join us as we delve into the complex landscape of robotics and AI, exploring the challenges and dilemmas that arise when navigating the ever-evolving intersection of technology and ethics. Introduction to Robotics and AI

In recent years, robotics and artificial intelligence (AI) have significantly advanced, resulting in the widespread use of autonomous systems in various […]

Mitigating AI’s effect on mental health

Mitigating AI’s effect on mental health

The burgeoning technology can have an adverse impact on workers’ wellbeing – it’s up to leaders to help counter it, says Patrick Brodie Getty Images The fear of job losses because of technology and automation, including artificial intelligence, has been with us since the 1960s. For some time, academics have predicted the decline of routine, rules-based and process-driven roles. Indeed, research within the last decade (and especially over the last year or so) has sounded ever more loudly the call that tasks and processes will be replaced by AI. Studies suggest that with the right combination of technologies most […]

Scenarios for the Transition to AGI

Scenarios for the Transition to AGI

By Anton Korinek and Donghyun Suh, in a new NBER working paper : We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic tasks that differ in their complexity. Advances in technology make ever more complex tasks amenable to automation. The effects on wages depend on a race between automation and capital accumulation. If automation proceeds sufficiently slowly, then there is always enough […]

AI doesn’t have to destroy jobs. It can empower the working class.

An advertisement alongside the World Economic Forum in Davos, Switzerland, on Jan. 18. (Markus Schreiber/AP) There is good reason to believe that artificial intelligence is coming for our jobs. That’s, after all, what information technology has been doing for decades. The tech plutocrats apparently agree that human employment will become the stuff of folklore. They probably don’t mind that all wealth in this world will accrue to the lucky few who own the AI patents. They seem willing to share some of it with regular people through some universal basic income scheme .

Artificial general intelligence, the end goal Silicon […]

Chatbot Market revenue to hit USD 84.78 Billion by 2036, says Research Nester

Chatbot Market revenue to hit USD 84.78 Billion by 2036, says Research Nester

Research Nester Leading chatbots market players include Creative Virtual, eGain Corporation, IBM Corporation, Botsify, Aivo Conversational AI, Acuvate, Chatfuel, Google Inc., Inbenta Holdings Inc., and Bitonic Technology Labs Inc.

New York, March 18, 2024 (GLOBE NEWSWIRE) — The global chatbot market size is predicted to expand at ~22.87% CAGR between 2024 and 2036. The market is projected to garner a revenue of USD 84.78 billion by the end of 2036, up from a revenue of ~USD 5.87 billion in the year 2023.Chatbots are growing in popularity due to increased demand for automation. Companies are looking to reduce their operational […]

Navigating the workforce and skills transformation in the age of AI

Navigating the workforce and skills transformation in the age of AI

Implementing AI and technology is more about managing human emotions than technical deployment. The genie has escaped the bottle and AI is everywhere now, and HR leaders must understand its implications and steer organisations toward a future in which humans and machines can coexist. While integrating these technologies offers a promising outlook to augment human capabilities and drive innovation, it is equally true that this journey is full of challenges and unknowns. Think of it as navigating through a thick fog—there is a lot we cannot see yet, and we are learning as we go. The path is unclear, […]

Manufacturing Automation ROI is Tragically Undervalued by Small and Medium Manufacturing Companies

Manufacturing Automation ROI is Tragically Undervalued by Small and Medium Manufacturing Companies

Summary

Manufacturing Automation ROI is Tragically Undervalued by Small and Medium Manufacturing Companies If you ask leadership at the average American manufacturing company, “How are automation investment decisions made?” You will inevitably hear “We calculate the ROI, and if there is a return in under X months, we make the investment." This is not bad business thinking. However, most manufactures are incorrectly calculating their ROI. This is because they are only considering the most basic values of automation investment.

Astute executives quickly weigh an investment decision with a narrative that parallels the Story of John Henry, the Steal Driving Man. […]

List of Jobs Under AI Threat as Safaricom, Other Companies Embrace Technology

List of Jobs Under AI Threat as Safaricom, Other Companies Embrace Technology

Kenyan companies are increasingly leveraging artificial intelligence (AI) for automation, content creation, and image generation, sparking concerns about job security

Safaricom, led by CEO Peter Ndegwa, has embraced a virtual assistant aimed at enhancing personalised customer services

Jobs at risk from AI include data entry, telemarketing, bookkeeping, assembly line manufacturing, and basic customer service, as per Goldman Sachs’ report PAY ATTENTION: TUKO is in WhatsApp Channels now! Subscribe and read news in favourite messenger. Elijah Ntongai, a journalist at TUKO.co.ke, has more than three years of financial, business , and technology research expertise, providing insights […]