Tag: Services

World Consumer Day 2024: Fair and Responsible AI for Consumers -The Case for Automation and Engineering

By Sarath Wijesinghe President’s Counsel (LL.M (UCL London)), former Ambassador to UAE and Israel, former Chairman of the Consumer Affairs Authority, President of the Lanka Ambassador’s Forum – United Kingdom, Solicitor in England and Wales

In the era of rapid technological advancement, Artificial Intelligence (AI) has become an important force driving innovation across various sectors. As we celebrate World Consumer Rights Day 2024, the theme “Fair and Responsible AI for Consumers” urges us to reflect on the ethical and societal implications of AI, particularly in automation, such as automated vehicles, and engineering.
AI’s integration into automation and engineering […]

If creativity-as-a-service doesn’t bother you, enjoy your future endeavours

If creativity-as-a-service doesn’t bother you, enjoy your future endeavours

Image: Stockfresh IT leaders afraid of being automated out a job should embrace their humanity, says Billy MacInnes

14 March 2024

There was an interesting story on this website recently concerning a survey of IT leaders in Ireland by Auxilion which found that 62% believe artificial intelligence (AI) will make their company’s services redundant in three to five years.According to the research, carried out by Censuswide and involving more than 100 IT leaders and decision-makers in large enterprises across Ireland, nearly two in five (38%) would leave their job if their organisation did not invest emerging technologies like AI.I must […]

India is on a path of digitalisation that is different from China and US: Soumitra Dutta, Dean of Said Business School

India is on a path of digitalisation that is different from China and US: Soumitra Dutta, Dean of Said Business School

It’s time India starts focusing on developing a truly world-class AI infrastructure in the country to reap its dividends, says the Dean of Oxford University’s Said Business School.

Soumitra Dutta says there is an urgent need for India to increase its spend on R&D and other academic research. While India may have made a mark in the software services exports, it has lagged a bit in terms of adoption of artificial intelligence (AI), says Soumitra Dutta , Dean of Oxford University ‘s Said Business School . Dutta, a professor of Indian origin, says India has to now focus on […]

6 out of 10 jobs could be at risk of automation in Andean countries

A few days ago, Fedesarrollo revealed in the latest report “COVID-19 and Risk of automation in the labor market of Andean countries”, the effects that automation and technological change could have on the future of the labor market in countries like Bolivia , Ecuador, Peru, and above all, Colombia.

Although this is not a new term, automation in the workplace refers to the use of technology and systems to carry out work tasks or processes automatically, without direct human intervention. This concept encompasses a wide range of applications and technologies that seek to improve efficiency, precision and productivity in various […]

Common fallacies impede sound policy

Those who advocate rational public policy, based on a thorough understanding of the principles of human action and the benefits of voluntary exchange, are bound to be disappointed much of the time.

That’s not an argument against fighting for freedom . But it is an argument for realism and for keeping expectations low — so you can be pleasantly surprised when policymakers resist political temptations and make good decisions, whether they be here in North Carolina or in Washington, DC. (Just kidding about the latter possibility.)

Why do policymakers so often get things wrong? Bryan Caplan, an economist at George Mason […]

Automation Isn’t the Biggest Threat to US Factory Jobs

Automation Isn't the Biggest Threat to US Factory Jobs

For the past few decades, there has been an ongoing debate about the rise of automation in the industrial sector, and its potential impact on American manufacturing jobs. Many experts argue that as robots and AI become more advanced, they will inevitably replace many human workers on factory floors across the country. While the growing capabilities of automated systems do pose a legitimate disruption risk to some occupations, this view overlooks several important nuances regarding the true dynamics reshaping factory employment in the US. The relationship between automation and jobs is far more complex than simply machines displacing people […]

Labour market effects of robots: evidence from Turkey

Labour market effects of robots: evidence from Turkey

Evidence from developed countries on the impact of automation on labour markets suggests that there can be negative effects on manufacturing jobs, but also mechanisms for workers to move into the services sector. But this narrative may not apply in developing economies. This column reports new evidence from Turkey on the effects of robots on labour displacement and job reallocation. In a nutshell

For most developed countries, studies of the impact of automation consistently find negative effects on the labour market; but the net impact of robots on employment and wage changes may be different in developing countries, as […]

The Future of Work in Nevada: Adapting to Automation and the Gig Economy

The Future of Work in Nevada: Adapting to Automation and the Gig Economy

The future of work in NevadaPhoto byTim MossholderonUnsplash The transition into a future dominated by automation and the gig economy is reshaping the landscape of work in Nevada, as well as globally. This transformation is driven by rapid advancements in technology, including artificial intelligence (AI), machine learning, and digital platforms that facilitate freelance and on-demand work. Understanding these changes is crucial for workers, employers, and policymakers alike as they navigate the challenges and opportunities presented by this new era of work. The Gig Economy’s Expansion and Its Impact

The gig economy, characterized by short-term contracts or freelance work as […]

These Are the Top 10 Threats From Artificial Intelligence The new book, “The Wolf Is At The Door,” breaks down the most pressing problems that AI presents to the world we live in.

These Are the Top 10 Threats From Artificial Intelligence The new book,

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Opinions expressed by Entrepreneur contributors are their own.The new book, The Wolf Is At The Door , teaches readers how to survive and thrive in an AI-powered world. In the following excerpt, author Ben Angel details what he has determined to be the top 10 threats that AI presents to our world today. 1. Manipulation By exploiting AI ‘s capacity to manipulate, actions such as persuading individuals to engage […]

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User In a world increasingly dominated by automation and artificial intelligence, a TikTok user named Kevin, known on the platform as commachaser714 , has ignited a debate that strikes at the heart of our daily routines – the choice between self-checkout machines and traditional grocery clerks. With over 35,000 views, his video does not just lament a fading profession but underscores a deeper yearning for human connection in the age of efficiency. Preserving Tradition in a Digital Age

Kevin’s argument hinges on the idea that opting for […]