Services Archives - Page 13 of 259

TCS Chairman Says AI Will Lead To Firings, Job Loss: Embrace It, He Advices

At the 29th annual general meeting of Tata Consultancy Services (TCS), chairman N Chandrasekaran addressed the significant impact of artificial intelligence (AI) and generative AI (GenAI) on the job market. He highlighted the dual nature of AI’s influence, encompassing both job creation and job losses across various sectors. Job Losses and Productivity Gains

Chandrasekaran acknowledged that automation driven by AI and GenAI will lead to job losses in certain sectors. He stated, “In certain areas, AI and GenAI will automate stuff that will result in higher productivity and job losses.” This transformation is expected to enhance productivity but also […]

Full Post at trak.in

Where in the world are people most optimistic about AI?

Verbit analyzed data from a December 2023 Bosch survey to see where people are the most excited by AI and how they hope it will change their lives.

Posted Thursday, May 30, 2024 9:30 am

Wade Zhou Photo illustration by Elizabeth Ciano // Stacker // Shutterstock When the internet first became widely available in the 1990s, Americans and Canadians were among its quickest adopters. Shortly after, the rest of the world began to follow. Three decades later, the web has dramatically changed how people and businesses operate.Today, around 90% of North Americans and 60% of people globally have […]

Full Post at northcountrynow.com

Navigating The Impact of Digital Disruption on Employment: 2024 And Beyond

What is digital disruption?
Researchers define the phrase digital disruption as the rapid and significant changes that occur in various industries and sectors due to the adoption and integration of digital technologies. It is a transformative force that can revolutionize traditional business models, processes, and practices, leading to the creation of new opportunities and challenges thereby causing disruption in tradition and archaic processes and workflows.

The origin of digital disruption
The concept of digital disruption was originally propounded by a Harvard Business School professor – Professor Clayton Christensen in his book "The Innovator’s Dilemma" which was published […]

Full Post at www.modernghana.com

Automation and AI: The Shift in Job Trends

The Emergence of Advanced Technologies Reshapes Career Landscapes

With the rise of Industry 4.0, several professions are at the precipice of transformation, primarily due to automation and artificial intelligence (AI) advancements. Office secretaries, once essential for managing and executing administrative tasks, may see an 8% reduction in job opportunities. This is attributed to AI’s capability to automate scheduling and document management duties traditionally performed by secretaries.

Delivery Services Bracing for a Technological Revolution Delivery services, which have thrived with online shopping and e-commerce platforms, are also likely to witness a significant shift. In the next decade, experts anticipate these […]

Full Post at elblog.pl

AI to boost Ireland’s economy by billions, but many jobs at risk

Image: © Freshcare/Stock.adobe.com

A report commissioned by Google suggests Ireland’s economy could grow by up to €45bn in the next decade thanks to generative AI, but certain roles could be heavily displaced by this technology.

A new report highlights the ‘ double-edged sword ’ of AI, as it suggests Ireland’s economy could be boosted significantly over the next decade by this technology – but it could also displace roughly 160,000 jobs.The report – carried out by Implement Consulting Group and commissioned by Google – suggests that generative AI alone could boost Ireland’s gross domestic product (GDP) by between €40bn and €45bn […]

Full Post at www.siliconrepublic.com

AI And Jobs: The Good And Bad News

AI And Jobs: The Good And Bad NewsAdobe Stock In today’s rapidly evolving digital landscape, the discussion about artificial intelligence (AI) and its impact on jobs is more relevant than ever. I’ve witnessed first-hand how AI can be a powerful force for both innovation and disruption. While the advent of AI presents exciting opportunities for augmenting human capabilities and enhancing our work, it also poses significant challenges that we, as a society, must be prepared to face. Harnessing Human Potential

At its core, AI is about enhancing efficiency and precision in tasks that traditionally require human input. From […]

Full Post at www.forbes.com

Factory automation looking more like us

A humanoid robot of UBTech Robotics works at an automobile factory in Hefei, Anhui province, this year. [Photo provided to China Daily] In an auto factory, a humanoid robot effortlessly inspects car door locks, tests seat belts, examines headlamp covers and even affixes car emblems, further blurring the distinctions between humans and machines.

The robot, Walker S, is produced by Chinese AI and humanoid robotics company UBTech Robotics. This is not the first time that the company’s humanoid robots have created an internet sensation, as it works hard to commercialize the cutting-edge technology into more sectors for wider adoption.

In December, […]

Full Post at www.chinadaily.com.cn

Eye-opening Statistics on Job Displacement Due to Automation (2023 Data)

Automation has been a worry for years, as many traditional/manual patterned workers are seen losing their jobs to machined-based labor daily. It replaces human efforts with technology and results in job displacement. Although many workers have been displaced and more are still on the verge of being replaced, digital transformation is still the bomb. As per the estimates, by 2025, 85 million jobs will be lost to automation worldwide.

The global pandemic gave rise to many job displacements, as most businesses and shopping were transacted online. It’s been a struggle for recovery since the pandemic, and there’s little to no […]

Full Post at techreport.com

AI threat to your job: Is it coming from AI directly, or from competition with AI skills?

FILE- In this Jan. 9, 2019, file photo, Facebook employees sit at their stations during a tour of its new 130,000-square-foot offices in Cambridge, Mass. (AP Photo/Elise Amendola, File) …

(TND) — Nearly half of professionals in a new survey from Microsoft and LinkedIn said they are worried artificial intelligence will replace their jobs.

And over half of the survey respondents who use AI at work said they worry that using it on important tasks makes them look replaceable, according to the Work Trend Index survey of thousands of knowledge workers – those who typically work at a desk.Two-thirds of leaders […]

Full Post at kmph.com

Navigating the impact of digital disruption on employment: 2024 and beyond

What is digital disruption?

Researchers define the phrase digital disruption as the rapid and significant changes that occur in various industries and sectors due to the adoption and integration of digital technologies. It is a transformative force that can revolutionize traditional business models, processes, and practices, leading to the creation of new opportunities and challenges thereby causing disruption in tradition and archaic processes and workflows.

The origin of digital disruption The concept of digital disruption was originally propounded by a Harvard Business School professor – Professor Clayton Christensen in his book “The Innovator’s Dilemma” which was published in 1997. […]

Full Post at thebftonline.com