Tag: Services

Telecom giant BT to cut jobs amid AI shift

Telecom giant BT to cut jobs amid AI shift

[Photo/bt.com] International telecoms giant BT is to reduce its workforce from 130,000 people to 75,000 over the next 10 years, with staff being replaced by technologies such as artificial intelligence.

Up to 20 percent of the cuts will be in customer services, with most job cuts coming in the United Kingdom, reported the BBC.

Under the leadership of chief executive Philip Jansen, BT, formerly known as British Telecom, is transforming to build a national fiber network, roll out 5G mobile services, digitize processes, adopt AI, and simplify structure.By the end of the 2020s, the workforce and cost base will have significantly […]

BT to shed up to 55,000 jobs amid shift to AI and automation

BT to shed up to 55,000 jobs amid shift to AI and automation

The company has around 130,000 employees but plans to reduce that number to between 75,000 and 95,000 by the end of the 2020s. BT Group has said it will cut between 40,000 and 55,000 jobs by the end of the decade amid plans to shift to artificial intelligence (AI) and automated services.

The telecoms giant has around 130,000 employees but plans to reduce that number to between 75,000 and 95,000 by the end of the 2020s.

It means up to 55,000 roles could be cut over the five to seven-year period, amounting to more than 40% of the total workforce. The […]

A bright future of work thanks to the potential of artificial intelligence

A bright future of work thanks to the potential of artificial intelligence

Technological news rules and it could be said that the artificial intelligence it is the most fascinating and fastest growing field today . Hardly a month goes by without a newsworthy AI breakthrough and the researchers predict that this industry will be worth more than 60 billion dollars (55 billion euros) by 2025.

The World Economic Forum also claims that technology will create 97 million new jobs by 2025 (12 million more than it will destroy). Jobs specifically related to the development and maintenance of AI and automation will see increasing adoption as AI becomes embedded across multiple industries.

As […]

How AI Can Increase Employment and Create a Brighter Future

How AI Can Increase Employment and Create a Brighter Future

In recent months, there has been much debate about the impact of artificial intelligence (AI) on jobs and the economy. Some people fear that AI will replace human workers and lead to mass unemployment. I am in a camp that sees it as a tool for increasing productivity and innovation. With the recent release of ChatGPT, these debates have been fueled further, with some calling for government regulation and a halt to AI research.

In my upcoming novel, The Planet Fortht: Enslaving Freedom, I paint a picture of a utopian world where AI has helped to create full employment for […]

Seven Ways You Can Use AI (ChatGPT) To Grow Your Business

Seven Ways You Can Use AI (ChatGPT) To Grow Your Business

Implementing AI Solutions Requires Careful Planning

By: Alan Zoldan

Artificial intelligence (AI) can be utilized in various ways to enhance and grow a business. Here are seven ways you can leverage AI to build your business: Customer Insights and Personalization : AI can analyze vast amounts of customer data to uncover valuable insights and patterns. By utilizing machine learning algorithms, businesses can personalize their marketing campaigns, recommend products or services, and provide tailored customer experiences, thus improving customer satisfaction and increasing sales. Chatbots and Virtual Assistants : AI-powered chatbots and virtual assistants can handle customer inquiries, provide support, and assist […]

The Disappearing White-Collar Job

The Disappearing White-Collar Job

The jobs lost in a monthslong cascade of white-collar layoffs triggered by overhiring and rising interest rates might never return, corporate executives and economists say A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return

For generations of Americans, a corporate job was a path to stable prosperity. No more.

The jobs lost in a monthslong cascade of white-collar layoffs triggered by overhiring and rising interest rates might never return, corporate executives and economists say. Companies are rethinking the value of many white-collar roles, in what some experts anticipate will […]

How Is AI Technology Changing The Course Of Business Industry

How Is AI Technology Changing The Course Of Business Industry

Artificial Intelligence is impacting the whole business industry. Not only that but every other industry you can think of, faces a revolution owing to AI. More than half of the business world is already adapting and reaping benefits from AI and automation tools.

Employees and Employers can now focus more on complex work with the help of tools and software programs. Instead of spending hours maintaining large sets of data, making an impactful presentation, drafting professional emails, coding, or preparing a foolproof proposal, a little touch of AI tools here and there can do the trick within a short time.

But […]

Amazon Is Focusing on Using A.I. to Get Stuff Delivered to You Faster

Amazon Is Focusing on Using A.I. to Get Stuff Delivered to You Faster

Amazon is increasingly using robotics in its fulfilment centers to carry out repetitive tasks such as lifting heavy packages. Amazon is focusing on using artificial intelligence to speed up deliveries — by minimizing the distance between its products and customers, a top executive told CNBC.

Amazon has been focusing on a so-called "regionalization" effort to ship products to customers from warehouses closest to them rather than from another part of the country.

But doing so requires technology that is capable of analyzing data and patterns in order to predict what products will be in demand and where. That’s where […]

Pros and cons of A.I. capture attention of B.C. businesses

Pros and cons of A.I. capture attention of B.C. businesses

Handol Kim, third from right, with fellow co-founders of Variational AI: From left, Ahmad Issa, Mehran Khodabandeh, Marshall Drew-Brook, Jason Rolfe and Ali Saberali, in Vancouver on May 4. Article content

B.C. businesses are paying close attention to the warnings and benefits of artificial-intelligence applications. Article content

“I think it’s got people’s attention,” said David Williams, vice-president of policy for the Business Council of B.C., who has studied the potential for AI to disrupt B.C.’s job market. And that’s a big concern, with 42 per cent of jobs in the province’s economy believed to be vulnerable to automation through […]

‘Hey, do you know Alexa?’

‘Hey, do you know Alexa?’

Although AI was extensively used in industrial automation, the appearance of AI in our everyday life started with those automated menu-driven answering systems. As technology evolved, they could handle voice response, voice recognition and even facial recognition.

(Representational Image) File Photo Advertisement

I have been hearing about “Artificial Intelligence” or “AI” for many years, but it seems that society is suddenly preoccupied with it. This recent craze about AI has been triggered by the introduction of human-like “ChatGPT” bots with AI in November 2022. Many companies are openly advertising “AI-empowered” products and services and discussions on AI are everywhere.Most […]