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Robots, New Working Ways to Cost Five Million Jobs by 2020, Davos Study Says
January 30, 2016
Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos on Monday. The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. The 15 economies covered by the survey account...
January 30, 2016
Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos on Monday. The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. The 15 economies covered by the survey account...
Study Confirms That Crash Rates Are Lower for Self-Driving Cars
January 24, 2016
Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by self-driving car developer Google. While self-driving cars have a rate of 3.2 crashes per million of miles, traditional driver-operated cars have a rate of 4.2 crashes per million miles, according to the study that adjusted the data for unreported crashes and takes into account accident severity. The authors...
January 24, 2016
Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by self-driving car developer Google. While self-driving cars have a rate of 3.2 crashes per million of miles, traditional driver-operated cars have a rate of 4.2 crashes per million miles, according to the study that adjusted the data for unreported crashes and takes into account accident severity. The authors...
Google Chairman Thinks AI Can Help Solve World’s ‘Hard Problems’
January 23, 2016
Hot Field Google has been one of the most significant corporate backers of AI. It uses the technology for new businesses, like self-driving cars, and to improve existing ones, such as the Android phone operating system or Google’s search engine. But competition is heating up as Facebook Inc., Microsoft Corp, International Business Machines Corp., Baidu Inc. and others are also plowing resources into research for the technology. “The power of AI technology is it can solve problems that scale...
January 23, 2016
Hot Field Google has been one of the most significant corporate backers of AI. It uses the technology for new businesses, like self-driving cars, and to improve existing ones, such as the Android phone operating system or Google’s search engine. But competition is heating up as Facebook Inc., Microsoft Corp, International Business Machines Corp., Baidu Inc. and others are also plowing resources into research for the technology. “The power of AI technology is it can solve problems that scale...
The Dangers of Texting While Negotiating
January 20, 2016
Though not as potentially lethal as texting while driving, the use of texts by attorneys to communicate with the other party, if not done with care, may result in the negotiations crashing and burning. Texting is the preferred means of communicating for many people but given its limitations one must be careful when negotiating by text. The main upsides for texting are ease and convenience. In addition face to face communications and even phone calls have a level of stress that can be avoided by the nearly...
January 20, 2016
Though not as potentially lethal as texting while driving, the use of texts by attorneys to communicate with the other party, if not done with care, may result in the negotiations crashing and burning. Texting is the preferred means of communicating for many people but given its limitations one must be careful when negotiating by text. The main upsides for texting are ease and convenience. In addition face to face communications and even phone calls have a level of stress that can be avoided by the nearly...
Davos Robot Eclipses Davos Man as Gloom Descends on Elite
January 20, 2016
First there was Davos Man and then Davos Woman. Get ready for Davos Robot. Facebook’s Sheryl Sandberg, JPMorgan Chase’s Jamie Dimon and Alibaba’s Jack Ma will share the spotlight with a prize-winning South Korean robot called HUBO at the annual meeting of the World Economic Forum this week in the Swiss ski resort. It’s a presence they’ll have to get used to. The adult-sized automaton, which can climb stairs and enter and exit a car, will be a star attraction at the conference. It illustrates...
January 20, 2016
First there was Davos Man and then Davos Woman. Get ready for Davos Robot. Facebook’s Sheryl Sandberg, JPMorgan Chase’s Jamie Dimon and Alibaba’s Jack Ma will share the spotlight with a prize-winning South Korean robot called HUBO at the annual meeting of the World Economic Forum this week in the Swiss ski resort. It’s a presence they’ll have to get used to. The adult-sized automaton, which can climb stairs and enter and exit a car, will be a star attraction at the conference. It illustrates...
Wi-Fi Alliance Approves New 900MHz Standard
January 17, 2016
A new low-power, long-range version of Wi-Fi that bolsters Internet of Things (IoT) connections will be dubbed Wi-Fi HaLow,...
January 17, 2016
A new low-power, long-range version of Wi-Fi that bolsters Internet of Things (IoT) connections will be dubbed Wi-Fi HaLow,...
More Than 180,000 Drones Registered in 2 Weeks
January 17, 2016
One of the most important players in the booming drone industry isn’t a hardware manufacturer; it’s the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show on Wednesday flocked to hear a policy update from the FAA, which has begun to regulate drone use more aggressively. In the two weeks or so since the agency started requiring hobbyists to register drones larger than 0.55 pounds, 181,061 drones had been registered as of Wednesday morning, said FAA Administrator...
January 17, 2016
One of the most important players in the booming drone industry isn’t a hardware manufacturer; it’s the U.S. Federal Aviation Administration. So attendees at the Consumer Electronics Show on Wednesday flocked to hear a policy update from the FAA, which has begun to regulate drone use more aggressively. In the two weeks or so since the agency started requiring hobbyists to register drones larger than 0.55 pounds, 181,061 drones had been registered as of Wednesday morning, said FAA Administrator...
Analytics Startup Tracxn Collates Data on New and Emerging Firms
January 16, 2016
Tracxn, a company that tracks and analyzes data about startups, has added entrepreneur Ratan Tata as an angel investor. Though the amount of new funding was undisclosed, Tata’s contribution is noteworthy because he is one of India’s most renowned businessmen. The former chairman of conglomerate Tata Group, Tata began investing in tech startups last year. His portfolio now includes Snapdeal, One97 Communications, Xiaomi, and Ola Cabs. Launched in 2013, Tracxn’s other investors include SAIF...
January 16, 2016
Tracxn, a company that tracks and analyzes data about startups, has added entrepreneur Ratan Tata as an angel investor. Though the amount of new funding was undisclosed, Tata’s contribution is noteworthy because he is one of India’s most renowned businessmen. The former chairman of conglomerate Tata Group, Tata began investing in tech startups last year. His portfolio now includes Snapdeal, One97 Communications, Xiaomi, and Ola Cabs. Launched in 2013, Tracxn’s other investors include SAIF...
Medical Data Analytics: Flatiron Health Aggregates Cancer Data
January 16, 2016
Even with some recent wobbles in the start-up world, big sums are continuing to roll into technology start-ups. Just a few days into 2016, Flatiron Health, a start-up that gathers and analyzes data on cancer treatments and sells software based on those insights, said it had raised $175 million in a funding round led by the pharmaceutical giant Roche. Flatiron declined to disclose its valuation. As part of the deal, Flatiron gets more than money. Roche will buy several of Flatiron’s software...
January 16, 2016
Even with some recent wobbles in the start-up world, big sums are continuing to roll into technology start-ups. Just a few days into 2016, Flatiron Health, a start-up that gathers and analyzes data on cancer treatments and sells software based on those insights, said it had raised $175 million in a funding round led by the pharmaceutical giant Roche. Flatiron declined to disclose its valuation. As part of the deal, Flatiron gets more than money. Roche will buy several of Flatiron’s software...
The Future of the Professions: How Technology Will Transform the Work of Human Experts
January 16, 2016
The Future of the Professions explains how 'increasingly capable systems' - from telepresence to artificial intelligence - will bring fundamental change in the way that the 'practical expertise' of specialists is made available in society. The authors challenge the 'grand bargain' - the arrangement that grants various monopolies to today's professionals. They argue that our current professions are antiquated, opaque and no longer affordable, and that the expertise of the best is enjoyed only...
January 16, 2016
The Future of the Professions explains how 'increasingly capable systems' - from telepresence to artificial intelligence - will bring fundamental change in the way that the 'practical expertise' of specialists is made available in society. The authors challenge the 'grand bargain' - the arrangement that grants various monopolies to today's professionals. They argue that our current professions are antiquated, opaque and no longer affordable, and that the expertise of the best is enjoyed only...
