View from India: New chips on the block

Internet of Things (IoT), artificial intelligence (AI) and new chips are opening out previously unexplored avenues.

Vertical-specific AI and deep learning chips are doing the rounds for facial- and speech-voice recognition. AI is being used to understand multitude gesture exchanges. Market drivers for AI, deep learning, machine learning and IoT include computer vision and neural computing, high bandwidth demands, image and video computing, and the broader move towards wider, increased digitisation.

AI has been making inroads into such diverse professions as healthcare, retail, education and automobile. Income tax is a relatively new vertical to tap AI solutions. The direct tax panel […]

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 […]

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 […]

The highest paid jobs will not be safe from automation either | Economy

The highest paid jobs will not be safe from automation either | Economy

Automation creates anguish. Seven out of 10 Americans worry that a robot or computer will take over their jobs and that is why they believe that adoption should be limited. But if so far it was noted that the most vulnerable were the lowest-paid and low-skilled productive jobs, a new study anticipates that artificial intelligence will have a greater effect than previously thought in high-skilled and well-paid office jobs.

No one is immune to the shocks of automation in employment. This is how Mark Mauro, a researcher at the Brookings Institution, expresses himself in presenting a study prepared with a […]

Are The Self-Employed At Greater Risk Of Automation, And What Can We Do About It?

Are The Self-Employed At Greater Risk Of Automation, And What Can We Do About It?

null Getty The self employed are widely viewed as being in a precarious position in a number of ways. They often lack the kind of social safety net enjoyed by salaried roles, and the job by job nature of the work can render income highly uncertain.

Now, a new study from the University of Buffalo also suggests that the self employed are more at risk of their work being automated. The paper argues that much of self-employed work is low in technical expertise and fairly routine, which places the roles at high risk of automation.

“Those who are self-employed just […]

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 […]

Fourth Industrial Revolution and (unwarranted) pessimism over jobs

Fourth Industrial Revolution and (unwarranted) pessimism over jobs

Ever since Homo erectus carved a piece of stone into a tool, the welfare of our species has been on the increase. Indeed, this technological breakthrough led first to the hand axe and eventually to the iPhone. We have found it convenient to organise the most dramatic period of change between these inventions into four industrial revolutions.

As each revolution unfolded, dire predictions of massive job losses ensued, increasing with each. The first three are over and these concerns were clearly misplaced. The number of jobs increased each time, as did living standards and every other social indicator.

McKinsey predicts that […]

Automation Concerns Spur Calls to Assist Workers in Adapting

Automation Concerns Spur Calls to Assist Workers in Adapting

I. DANEEK MILLER: Some civil-service jobs dwindling. City employees may have to worry less about being replaced by a machine than workers across the rest of the country, but more programs need to be introduced to help hundreds of thousands of low-skilled workers, advocates said during a Nov. 13 City Council hearing on how automation could affect jobs.

“The good news is that the city is less vulnerable than much of the country,” Eli Dvorkin, policy director of the Center for an Urban Future, told the Council’s Committee on Civil Service and Labor. The nonprofit issued a report last year […]

Automating A Job Reddit

Automated underwriting software allows workers to process applications more quickly than before, reducing the need for as many underwriters. The automated, hyper-efficient shop floors of modern manufacturing won’t give Trump much room to deliver on his outsized promises to bring back millions of jobs for his blue-collar supporters. Scripting custom tools to automate material layouts and cost estimates while creating a scale diagram to add to the construction documents for installers. #HBO #VICEonHBO Subscribe to the. Feb 25, 2018 · How To Automation-Proof Your Career. A resume parser cuts your resume into smaller chunks and then categorizes these into […]