Tag: academic

AI automation in the workplace is about to reach a major tipping point

AI automation in the workplace is about to reach a major tipping point

According to a survey of CFOs by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI in the coming year are surging. More U.S. companies are about to flip the “on” switch when it comes to automating tasks with artificial intelligence.

According to a survey of CFOs by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI in the coming year are surging.

To be sure, companies have been automating work for generations, and the survey said that 60% of companies […]

AI is replacing human tasks faster than you think

AI is replacing human tasks faster than you think

News

Maria Korneeva/Moment RF/Getty Images via CNN Newsource

New York (CNN) — Corporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans.Nearly half (46%) of large US firms plan to use AI within the next year to automate tasks previously done by employees, according to a survey of finance chiefs released Thursday.Those tasks include everything from paying suppliers and doing invoices to financial reporting, said the survey conducted by Duke University and the Federal Reserve Bank of Atlanta.That’s in addition to creative tasks for which some businesses are already relying on ChatGPT and other AI […]

If AI is so good, why are there still so many jobs for translators?

If AI is so good, why are there still so many jobs for translators?

Lost in automation? Earlier this year, a drumbeat of news headlines played into public anxieties about the safety of human jobs when Duolingo, a language learning app, became a prominent example of a company cutting workers and replacing them with artificial intelligence.

The most eye-catching job cuts were those for translators, who worked on some of the company’s less popular language education courses. Translators and interpreters are often near the top of media listicles as the jobs most likely to be killed by AI. When the stories about Duolingo’s job cuts circulated, they seemed to confirm that the inevitable AI […]

Levy Yeyati: ‘AI creates tensions that can lead to outsider populism’

Levy Yeyati: ‘AI creates tensions that can lead to outsider populism’

The Argentine economist spoke to the Herald about his recent book on AI’s impact on politics, economy, and society

Eduardo Levy Yeyati Eduardo Levy Yeyati is an Argentine economist, academic, and writer. In his latest book, “Automatizados” (Automated), co-authored with economist Darío Judzik, he plunges into the debate surrounding the impact of AI on the economy, jobs, and politics, as well as people’s daily lives.

Levy Yeyati received the Herald at his home in Buenos Aires. With his cat roaming in the background, he answered questions about the book’s key ideas. This interview has been edited for length and clarity. […]

Automation in employee benefits: a necessity for today’s workforce

Automation in employee benefits: a necessity for today's workforce

In a world driven by instant gratification, consumers are not the only group that expects quick and seamless experiences. Employees, HR teams, and benefits leaders do, too. From using a smartphone to pay at the gas pump to snapping up the latest fashion trends with a single click, the digital revolution has conditioned us to favor speed and efficiency in every aspect of life. This expectation seamlessly extends into the professional sphere, including having a significant impact on how the entire landscape of employee benefits. When HR adds a new hire to payroll, they want it to happen in […]

AI-Driven Jobs Promise Higher Earnings, Underlines Elon Musk

Elon Musk envisages a future shaped by artificial intelligence (AI), where work could be a choice rather than a necessity, and jobs requiring AI adoption might offer more substantial salaries. During a keynote address via webcam at the VivaTech 2024 conference in Paris, Musk painted a picture of a world where automation ensures that goods and services are plentiful, essentially making human labor optional for many.

The billionaire entrepreneur reinforced the idea that a form of ‘high universal income’ might be required to support individuals in an automated society—differentiating it from the concept of universal basic income which involves a […]

Don’t Believe the AI Hype

Don’t Believe the AI Hype

If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionizing life as we know it. Yet neither economic theory nor the data support such exuberant forecasts.

BOSTON – According to tech leaders and many pundits and academics, artificial intelligence is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. […]

Technology upped in Daniel Pienaar classroom

Technology upped in Daniel Pienaar classroom

Bernd Schaberg, head of production planning at Volkswagen Group Africa, and Daniel Pienaar Technical High School principal Kola du Toit show the newly installed automation cell during the official handover OFFICIAL HANDOVER:
Image: SUPPLIED

The nature of work is evolving rapidly, with many traditional jobs being automated or augmented by technology.
To equip the next generation with the skills they need to thrive in the digital age, technology and automation needs to be introduced in the classroom.Daniel Pienaar Technical High School in Kariega typifies this transition to technology, and the inclusion of automation and robotics.Supporting the school in its […]

Educational Seminar on AI Highlights Future Career Prospects for Students

A significant educational seminar titled “Artificial Intelligence: Serving Human Thought” took place on Friday, May 17, 2024, at 11:00 a.m. The event was hosted at the Conference Center of the Sacred Metropolis in Melissatika, under the auspices of the Secondary Education Directorate of Magnesia in collaboration with Education Consultants in Natural Sciences Konstantinos Panagiotou and Evangelos Diakoumis, and the University of Thessaly.

18 students from the 1st Gymnasium attended the seminar, mostly from the school’s robotics team, the 1st Gym Robotics Team. Faculty members including Deputy Directors Euthalia Sakkelariadou and Athina Panigyritziglou were also present. Their participation aimed to […]

IMPACT OF TECHNOLOGY

IMPACT OF TECHNOLOGY

Technology has become an indispensable aspect of modern society, profoundly shaping how we live, work, communicate, and interact with the world around us. From the invention of the wheel to the advent of artificial intelligence, technological advancements have continually revolutionized human civilization, driving progress and innovation across all sectors.
In the realm of communication, technology has transformed the way we connect with one another. The evolution of the internet, social media platforms, and mobile devices has facilitated instant communication on a global scale, breaking down barriers of time and distance. People can now effortlessly share information, ideas, and experiences, […]