Tag: software

Another Day, Another Dollar, Part III

Another Day, Another Dollar, Part III

Image source: Amazon.com, Inc. December 2019 — Myth Buster

Parts I and II of this series looked at the pervasive nature of sweatshops inside the US and Europe, the world’s wealthiest regions. Part III uncovers a curious and unexpected entrant into the overwork/underpay culture. How about a new twist: a major high tech sweatshop addict? The Myth Buster has previously tackled the fight for delivery leadership between Walmart [ ( WMT )] and Amazon [ ( AMZN )], a battle that rages on. But, Amazon also ranks as a major purveyor of low wages.

Will the Real Amazon […]

Why Worry About Automation?

Why Worry About Automation?

UnitoneVector/Getty Images In previous periods of technological displacement of workers, economists like John Maynard Keynes and Wassily Leontief worried that too few new jobs would be created to prevent higher long-term unemployment. Today, facing an onrushing wave of digital automation, many share their misplaced unease.

LONDON – From the Luddite movement in the early nineteenth century to the writings of prominent economists like John Maynard Keynes and Wassily Leontief generations later, the prospect of automation has always raised serious concerns about jobs. Keynes and Leontief doubted there would be enough jobs left for workers to do. Today, facing an onrushing […]

White collar workers will be most affected by AI in the new economy, study suggests

White collar workers will be most affected by AI in the new economy, study suggests

In 2015, Stanford University Ph.D. student Michael Webb watched as his classmates in the computer science program became increasingly interested in the advancements of artificial intelligence (AI). An outlier, he was more focused on the economic implications of the technologies.

But there was a dearth of reports that solely focused on the impact AI has on different sectors and occupations. Instead, most analyses generalized technology to include a wide range of automation and software.

Although often used interchangeably, AI and automation are not one and the same: AI technologies are designed to mimic human thinking and actions, while automation performs repetitive […]

We Would Rather Lose Our Jobs To Robots Than Humans, A Study Shows

We Would Rather Lose Our Jobs To Robots Than Humans, A Study Shows

sorbetto via Getty Images Losing a job can be stressful and demoralizing. Seeing your role replaced by automation is an additional stressor that more workers will have to contend with and worry about in the future.

Robots are already replacing people in some jobs. Apps take orders in chain restaurants, and some supermarkets use self-checkout machines to replace checkers. This is the new reality. The Brookings Institution predicts that 36 million Americans face a “high exposure to automation” in the coming decades, meaning they will have more than 70% of their role at risk of being substituted by artificial intelligence.

If […]

Alexsis Rodgers column: The value of a care economy in Virginia

Alexsis Rodgers column: The value of a care economy in Virginia

A home health aide helped an elderly woman pour her cereal at the breakfast table. The U.S. Bureau of Labor Statistics expects the U.S. will add 1.2 million care jobs by 2028. The future of work already is here, and it’s right in our homes. Domestic work is projected to have the most anticipated growth in the job market in the next 10 years, not jobs in the technology sector. Thanks to an aging population that’s living longer, Virginia has an opportunity to boost its economy and provide quality jobs through care work if we give domestic workers labor […]

Is AI a Job Killer or Job Creator?

Is AI a Job Killer or Job Creator?

AI brings mixed emotions and opinions when referenced in the context of jobs. If you ask the question “Do you think Artificial Intelligence will be a net job killer or net job creator?” to colleagues, friends, or strangers you’re bound to get some very strong opinions on this subject. For sure you will hear an interesting and conflicting set of opinions that range from “AI will destroy all jobs as we know it” to “AI will enable us to work better and do new things we’ve never been able to do”. If you look at various economic and analyst […]

Will Smart Machines Kill Jobs or Create Better Ones?

In one vision of the not-too-distant future, robots handle half of all work tasks, leaving legions of humans unemployed, uneasy and restive. In an alternate scenario, those same technologies revolutionize rather than reduce work opportunities for humans, raising living standards with new jobs that aren’t yet imagined. Such are the stakes as a new wave of automation reshapes the workplace.

Advances in artificial intelligence, or the capability of machines to learn by ingesting large amounts of data, are driving a rethink of what jobs only humans can do. A 2018 working paper by the National Bureau of Economic Research found […]

5 Myths about Artificial Intelligence

5 Myths about Artificial Intelligence

When we talk about the potential perils of AI, there are a lot of opinions out there Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Artificial intelligence (AI) is competent to have a revolutionary impact on businesses globally. Talking about the information technology sector, it is no longer merely about codifying business logic. Instead, more about making tasks effortless, innovative and trouble-free. Insight is indeed the modern currency, and the pace with which we all can scale that insight is the fundamental of value creation.As per a report by Gartner, AI […]

Is the rise in Artificial Intelligence superseding human employment?

Is the rise in Artificial Intelligence superseding human employment?

This century belongs to the advancement of technology. The technology of the present era baffles human beings with its wonderful services. Invention of machines with an association of Artificial Intelligence (AI) and automation are the products of technology. These days amenities provided by AI are invaluable. One couldn’t contemplate in the past that one would make visible contact with one’s dear ones sitting in far-flung areas. Now even a low-income citizen can make video contact-a widespread phenomenon-withhis relatives or friends.Theexample that I have cited is a very ordinary one of the services provided by technology. However, with the rise […]

Welcome to The Colony: Home of the Industry’s First Integrated Automation Platform

Welcome to The Colony: Home of the Industry’s First Integrated Automation Platform

Promoted by Antworks

As robotic process automation (RPA) platforms evolve, they usually come up against a significant obstacle, one that’s dogged the interaction between humans and computers since the latter became widespread in the enterprise: unstructured data.

That’s a technical term that suggests a random scattering of information but, in reality, it just refers to any data that’s presented to a silicon brain (or bot) that’s in an unexpected format.In most business functions, that occurrence is more common than you might imagine, because although we like to think of modern software and systems as ‘smart’, it doesn’t take much to […]