Tag: Technology

Top Jobs for Next Decade Are Behavioral Scientist, Data Analyst

(Bloomberg) — The next decade could see growing demand for behavioral scientists, data analysts, upcycled clothing designers and even digital detox consultants.

Brexit, climate change, an economic slowdown and technology are among the factors that could have the greatest impact on jobs in the 2020s, according to the U.K.’s Royal Society for the encouragement of Arts, Manufactures and Commerce. It looked at four possible workplace scenarios:

The Big Tech Economy — “a new machine age” where technology develops at a rapid pace, from self-driving cars to 3D printing, bringing cheaper goods but rising unemployment.Jobs: software developers, digital transformation consultants, technology public […]

Robotic Process Automation in 2020: Autonomous Things, Hyper Automation to dominate

Robotic Process Automation in 2020: Autonomous Things, Hyper Automation to dominate

Robotic Process Automation (RPA) market is evolving at a tremendous pace and is expected to grow at a CAGR of 20.3% between 2019 and 2025. This growth can be majorly attributed to how RPA streamlines and enhances legacy processes and results in high returns on investment (ROI).

Some of the key RPA trends to watch out in the 2020 are: 1) RPA to emerge as a complementary technology

The key benefit of RPA is that it plays well with other existing technologies. RPA has the potential to adapt quickly to changing circumstances and learn accordingly, hence it enhances processes […]

Mckinsey robotics

The Impact of Robots on Productivity, Employment and Jobs_updated 2018 (206 KB ) Mar 10, 2018 · As Robots Threaten More Jobs, Human Skills Will Save Us. While many today remain focused on the implications of the digital revolution and its impact on customer expectations and behavior, new opportunities are also emerging. One such technological innovation – robotic process automation (RPA) or robotics – is changing the way that banks, insurers and capital markets firms execute basic processes. The McKinsey Global Institute analyzed the work activities of more than 800 occupations in the U. For example, 3- Exhibit 1. […]

Automation may be coming for your job, report says

Automation may be coming for your job, report says

The Northern Policy Institute has released a new report on which jobs will eventually be replaced by automation. (Stock photo) A new report titled “ Are Robots Coming for Our Jobs? ” suggests that routine manual jobs will be the first to go as technology continues to transform the job market.

The think tank organization, Northern Policy Institute , said in a news release that the report aims to examine the impact of automation on industries, jobs, income, income distribution, and communities in the North.

Automation is the process of substituting machines or computers for human labour. Opinions on the technology […]

OECD warns: Automation could wipe out almost half of all jobs in 20 years

OECD warns: Automation could wipe out almost half of all jobs in 20 years

Bigstock It also highlighted a squeeze on the middle class and a widespread dissatisfaction in rich countries

The Organisation for Economic Co-operation and Development (OECD) has warned governments to act fast to counter the effects of automation and globalization.

Automation, robots and globalization are rapidly changing the workplace and the technologies could almost wipe out or radically alter almost half of all jobs in the next two decades, OECD said, reports Bloomberg.According to OECD Labor Director Stefano Scarpetta, the pace of change will be “startling.”The OECD warned the governments that they should act fast and decisively to counter the effects f […]

Top 5 Robotic Process Automation Trends in 2020

Top 5 Robotic Process Automation Trends in 2020

By: Neelesh Kripalani, Sr. VP and Head Center of Excellence (CoE), Clover Infotech .

RPA market is evolving at a tremendous pace and is expected to grow at a CAGR of 20.3% between 2019 and 2025. This growth can be majorly attributed to how RPA streamlines and enhances legacy processes and results in high returns on investment (ROI).

Some of the key RPA trends to watch out in the year ahead are: RPA will emerge as a complementary technology – The key benefit of RPA is that it plays well with other existing technologies. RPA has the potential to adapt quickly […]

Unshrouding the Long-Lived Myths About AI and Its Attributes

Unshrouding the Long-Lived Myths About AI and Its Attributes

According to a report, the global artificial intelligence (AI) market size is expected to reach US$169,411.8 million in 2025, from US$ 4,065.0 million in 2016 growing at a CAGR of 55.6 percent from 2018 to 2025.

AI is one of the fastest-growing technology which is associated with human intelligence with similar characteristics such as language understanding, reasoning, learning, problem-solving, and others. However, it is not likely to take over the human capabilities any time sooner. Due to its significant human-like features and attributes, people assume that AI can do miraculous tasks which are not true in every case. A variety […]

Routine manual jobs have declined significantly in northern Ontario says new report

Routine manual jobs have declined significantly in northern Ontario says new report

Few occupations are projected to be fully automated, but many positions will be significantly transformed due to new technology A report entitled "Are Robots Coming for Our Jobs?" says northern Ontario is experiencing a decline in routine jobs and will be significantly transformed due to new technology.

In a news release, the think tank organization called the Northern Policy Institute , says the report examines the impact of automation on industries, jobs, income, income distribution, and communities in Northern Ontario.

Automation is the process of substituting machines or computers for human labour. Automation can be partial or complete. Partial automation is […]

With 1.35 billion human brains, India can be key player in DeepTech: Dave Richards, Co-founder, Innovation Lab, MIT

With 1.35 billion human brains, India can be key player in DeepTech: Dave Richards, Co-founder, Innovation Lab, MIT

New Delhi : Dr Dave Richards, Co-founder, Innovation Lab, MIT and Board Member, India Research Centre, today said that India with its 1.35 billion human brains can be a major player in DeepTech if it takes the right steps and not miss the huge opportunity.

Speaking at FICCI’s 92nd Annual Convention on the theme ‘India: Roadmap to a $5 Trillion Economy’, Dr Richards said that India needs to invest in its children and young people giving them the right skills needed for the future and be cautious that the country does not become complacent.

“India has a golden opportunity to be […]

No, robots didn’t secretly kill 29 scientists in a lab

No, robots didn’t secretly kill 29 scientists in a lab

The pace of technological change continues to accelerate and transform our lives, businesses, and our world.

Helping your employees make sense of the evolving landscape, and understanding their reactions to continuous change or upheaval, is more important to the future of your business than the technology solutions that you implement.

On this digital journey, many organizations will follow the change curve, which is a model originally developed by Elisabeth Kubler-Ross in the sixties. Although change is widely regarded as the only constant in life, it doesn’t make the grieving process that we all go through any easier.If we put the change […]