Tag: Services

The 4th Industrial Revolution: Possibilities, pitfalls and preparedness

The 4th Industrial Revolution: Possibilities, pitfalls and preparedness

Artificial Intelligence. This representational image is collected. The famed revolution of automatons, contrary to cultural predictions, will not arrive with apocalyptic wars, but rather in the form of socioeconomic shifts, employment challenges and drastic changes to our personal and professional lives. This revolution is labeled as the 4 th Industrial Revolution, or 4IR in short.

In developed nations, 4IR is already taking place with massive unprecedented strides in the fields of robotics, artificial intelligence, nano and biotechnology and more. Led by the likes of USA, Korea, Japan, China and Europe, patenting of 4IR technologies has seen an annual growth of […]

TailBangers dog treat business growing in Delaware

About 19 years ago, dog lover Lisa St. Clair — from a shed in the backyard of her rural Hollyville Road home outside of Millsboro — began making homemade dog treats for her sick pup.

Today, she is the proud owner of TailBangers, an all-natural dog treat business based in Millsboro that has nationwide demand and appeal for the likes of such treats as Barkin’ Biscotti, Canine Cannoli, Pawcan Twirls and scores of others.

With 65 employees, TailBangers operates on two fronts. Treats, donuts and cookies are baked in the 5,000-square-foot bakery adjacent to her Hollyville Road home and then decorated […]

Almost 50% of jobs in Bradford at risk of being replaced by robots

Almost 50% of jobs in Bradford at risk of being replaced by robots

Almost half of jobs in Bradford could be done by robots in the future ALMOST half of jobs in Bradford are at risk of being replaced by robots, with hospitality, retail and car care some of the roles most at risk of automation.

Research by electrical supplier Electrical Direct has found that 47 per cent of jobs in the district are at risk of being replaced by robots in the coming years, with the rise of automation and artificial intelligence.

The firm has analysed 20 million jobs across the country, including thousands in Bradford, and discovered which occupations are most likely […]

The pandemic created a perceived new class division: the laptop class vs. everyone else

The pandemic created a perceived new class division: the laptop class vs. everyone else

Image: Feodora Chiosea/iStock/Getty Images In various editorials and COVID-related commentary, a new term emerged during the pandemic: the " laptop class ," describing the class of people who were able to work remotely and maintain their employment with relatively little personal risk to their health and livelihood. This is opposed to other workers that needed to perform their jobs in person, ranging from healthcare and emergency responders to the dozens of people that enabled the laptop class to hole up in their homes, from all manner of drivers for UPS, DoorDash and Amazon, to grocery store clerks and taxi […]

Robo sapiens: Future of work

Robo sapiens: Future of work

By Felix Tran & Haim Israel

Don’t underestimate humans’ ability to one up technology…There are areas where humans can beat machines. In the future, there will likely be an increasing premium for jobs within occupational groups that require social intelligence, creativity and complex problem solving as opposed to repetitive, low dexterity skills. For instance, an event planner requires more social intelligence than a dishwasher in hospitality, fashion designers require more creativity than a seamstress in apparel… A recent study by McKinsey flags that ultimately it is activities rather than jobs that are being automated where $2tn in wages or […]

Robo sapiens: Future of work

Robo sapiens: Future of work

Given that robots can function for 24 hours per day, this represents a significant saving of up to 10:1 vs. human labour. By Felix Tran & Haim Israel

Don’t underestimate humans’ ability to one up technology…There are areas where humans can beat machines. In the future, there will likely be an increasing premium for jobs within occupational groups that require social intelligence, creativity and complex problem solving as opposed to repetitive, low dexterity skills. For instance, an event planner requires more social intelligence than a dishwasher in hospitality, fashion designers require more creativity than a seamstress in apparel… A […]

Influential Voices On The Future Of Work: Rania Hoteit, Multi-Award Winning Manufacturing Technology Entrepreneur

Rania Hoteit hosted as VIP Keynote Speaker at Pivot Towards Your Purpose Conference- Portrait shot Photography by Taylor Boone. Courtesy of Rania Hoteit Each month I feature different leaders’ voices offering insights into the future of work and changes they’ve seen within their industry since the pandemic. I’m particularly interested in leaders that approach challenges as opportunities to create positive and lucrative business ventures. This column profiles everyone from celebrities and business people, to community leaders and changemakers, and gives readers a peek behind the veil of different businesses and industries.

This month I interviewed Rania Hoteit, who […]

Job Loss In Indian IT Firms: 30 Lakh Employees Will Lose Their Jobs By 2022 [REPORT]

Job Loss In Indian IT Firms: 30 Lakh Employees Will Lose Their Jobs By 2022 [REPORT]

If you are working in an IT company in India, this may sound as a warning bells. It is high time to sharpen your skill set, failing to which you may end up losing your job.

Neatly 30 lakh IT professionals in India will lose their job by 2022 due to the increasing automation companies nowadays are bullish about. According to a recently published Nasscom report , companies across all sectors are actively upgrading themselves to optimise their operations to reduce their production cost and increase their profit margins. As result, automation is taking place at a much faster rate […]

The future of automation: Robots are coming, but they won’t take your job

The future of automation: Robots are coming, but they won’t take your job

At the start of the first Terminator movie, Sarah Connor, unknowingly the future mother of Earth’s resistance movement, is working as a waitress when Arnold Schwarzenegger’s Cyberdyne Systems Model 101 Terminator is sent back through time to kill her. But what if, instead of attempting to murder her, Skynet’s android assassin instead approached the owner of Big Jeff’s family restaurant, where Sarah worked, and offered to do her shifts for lower wages, while working faster and making fewer mistakes? The newly jobless Sarah, unable to support herself, drops out of college and decides that maybe starting a family in […]

How technology has become the backbone of the Indian BFSI industry

How technology has become the backbone of the Indian BFSI industry

Embracing advanced digital solutions and modernising banking infrastructure has become essential for banks to have an edge in the highly competitive BFSI industry.

The BFSI sector in India is rapidly changing for the better. With the evolution of innovative, new-age technologies like Artificial Intelligence (AI), Machine Learning (ML), and more, digital banking is climbing new heights.

We are witnessing a revolution in the fintech world that has transformed the banking industry into a far more efficient and profitable business. Many people are inclining towards digital interactions and transactions with their banks. The powerful digital software capable of facilitating smooth customer onboarding, […]