5 Robotics Companies in Canada to Know

5 Robotics Companies in Canada to Know

Photo: Shutterstock Robotics as a field continues to grow as automation and AI become more crucial to our daily work. Canada is benefitting from the advancements in robotics and employs them at scale in the Canadian Space Agency and throughout other sectors. Check out these companies to learn more about Canada’s robotics industry . Top Robotics Companies in Canada

Sanctuary AI

Attabotics Avidbots Trexo Robotics Titan Medical Top Robotics Companies in Canada to Know Sanctuary AI View Profile Follow Sanctuary AI develops humanoid general-purpose robots that look similar to the fictional creations seen in science fiction […]

#BizTrends2024: AI and the cloud are crafting the future of payroll management

#BizTrends2024: AI and the cloud are crafting the future of payroll management

The future of payroll is on the brink of a transformative evolution, guided by the convergence of cloud technology and artificial intelligence. Ancel Draai, MD for Applico Training Payroll, an indispensable element of every business, has experienced a significant evolution over the years. In the past, innovation wasn’t a central focus of payroll systems. However, with changing work dynamics and the arrival of new technologies, payroll processing has been steadily transforming.

The future of payroll will surely surpass present boundaries, harnessing technological breakthroughs to build an era marked by efficiency, precision, and seamless management. Artificial intelligence (AI) and cloud computing […]

AI Expected to Impact 40% of Jobs Globally by Replacing or Complementing Roles – IMF Analysis

AI Expected to Impact 40% of Jobs Globally by Replacing or Complementing Roles – IMF Analysis

AI [artificial intelligence] will affect almost 40 percent of jobs around the world, “replacing some and complementing others.” So that’s why we may “need a careful balance of policies to tap its potential,” according to an update shared by the International Monetary Fund (IMF) .

In a blog post by the IMF, it was noted that we’re “on the brink of a technological revolution that could jumpstart productivity, boost global growth and raise incomes around the world. Yet it could also replace jobs and deepen inequality.”

The IMF update also mentioned that the rapid advance of artificial intelligence has captivated the […]

Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Around 40 percent of global employment is exposed to AI (artificial intelligence), the International Monetary Fund (IMF) says, adding that the advanced economies are at greater risk but also better poised to exploit the benefits than emerging market and developing economies.

In advanced economies, about 60 percent of jobs are exposed to AI, due to the prevalence of cognitive-task-oriented jobs, says the IMF in the latest report “Gen-AI: Artificial Intelligence and the Future of Work”.

The world’s top financial institution says AI is set to profoundly change the global economy, with some commentators seeing it as akin to a new industrial […]

Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Gaza Dispute Says advanced economies are at greater risk, but also better placed to take advantage

WASHINGTON (Web Desk) – Around 40 per cent of global employment is exposed to AI (artificial intelligence), the International Monetary Fund (IMF) says, adding that the advanced economies are at greater risk but also better poised to exploit the benefits than emerging market and developing economies.

In advanced economies, about 60 per cent of jobs are exposed to AI, due to prevalence of cognitive-task-oriented jobs, says the IMF in a latest report “Gen-AI: Artificial Intelligence and the Future of Work”.The world’s top financial institution says […]

Beyond the Machine: Understanding the Surprising Dynamics of Automation and Employment

Beyond the Machine: Understanding the Surprising Dynamics of Automation and Employment

Beyond the Machine: Understanding the Surprising Dynamics of Automation and Employment

Neil Anderson

· Follow 3 min read·6 hours agoAs technology continues to progress at an unprecedented pace, we’re faced with a compelling paradox that calls into question our assumptions about automation and its influence on the job market. Despite the widespread belief that machines and technology would replace human labour, the reality has unfolded quite differently, leading to a surprising increase in certain job sectors, such as bank tellers, despite the advent of ATMs. This phenomenon sparks an intriguing discussion about the resilience and adaptability of human […]

Technological Unemployment

Technological Unemployment

What is Technological Unemployment? What is Technological Unemployment?

Technological unemployment is a phenomenon where advancements in technology , such as automation and artificial intelligence (AI), replace human jobs.

This concept has become increasingly relevant as new technologies change the way we work, creating efficiencies but also displacing workers in various industries.The modern economy faces a complex challenge: while technology can streamline operations and open new avenues for innovation , it also raises concerns about the future of employment and the kinds of skills that will be valued.Understanding technological unemployment is important for several reasons. It helps policymakers develop strategies to […]

Generative Artificial Intelligence Could Increase The Racial Wealth Gap By $43B, Report Says

Generative Artificial Intelligence Could Increase The Racial Wealth Gap By $43B, Report Says

Two things can be true at once. For instance, artificial intelligence (AI) could lead to advancement, but it could also lead to regression.

According to Forbes, a study by McKinsey’s Digital Practice and the McKinsey Institute for Black Economic Mobility showed that almost $2 trillion “in wealth” is expected to be created from generative AI in the United States — resulting in $500 billion reportedly going to households. What this means is that a “projected 143.4 million U.S. households in 2045 will get an average increase of $3,400 in new wealth.”

However, on the other end, since Black households are […]

The Automation of General Intelligence

The Automation of General Intelligence

An illustration of Henry Case and Molly Minions from Neuromancer, painting by Juan Giménez. We want to ask the right questions. How do the tools work? Who finances and builds them, and how are they used? Whom do they enrich, and whom do they impoverish? What futures do they make feasible, and which ones do they foreclose? We’re not looking for answers. We’re looking for logic.
—Logic Magazine manifesto, 20171 We live in the age of digital data, and in that age mathematics has become the parliament of politics. The social law has become interwoven with models, theorems […]

AI will create more jobs than it kills

AI will create more jobs than it kills

Artificial intelligence holds far-reaching consequences for modern economies. Many of the jobs we are asked to do will change; a lot of them might disappear altogether. Facing this existential upheaval, experts advise that smart AI regulation will be needed — well, who could object to smart regulation? But the forms it should take, its methods and even its purposes, are unclear.

A good start might be to frame the problem more carefully. Easier said than done, perhaps, because AI is in many respects not technological progress as usual. Even so, earlier technological revolutions have relevant lessons. One worth pondering concerns […]