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Wish You Were Here? VR, AI And The New World Of Work - Liwaiwai

#artificialintelligence

Imagine the first day of your next job. You've never visited the office before or sat down with anyone from the company in person. In fact, the first person you meet face-to-face is the security guard, who hands you your building pass at reception. However, even though you've never been here before, you make your way to your desk, and see familiar faces and spaces. You wave hello to your manager, sit down at your desk, and begin work like you've been with the company for years.


Artificial intelligence, jeopardises employment

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Do millennials face economic uncertainty in the future? As employment increasing become more automated, McKinsey & Company (Global management consultants) predicts that, "60% of all work activities could be automated by 2055". As far back as the 16th century, mechanisation was introduced in the form of looms, that were used to weave the material used for stockings and rugs. However, Queen Elizabeth I, was very reluctant to encourage this industry as she felt that "stocking knitters" would become redundant in this field. By the 19th century, textile workers were facing life changing inventions, as the Industrial Revolution became the catalyst to transform economies based on steam-powered machines.


Tech Startups Eye a World, Post-Virus, Back in the Office

WSJ.com: WSJD - Technology

"We believe that we will be our best selves the more that we are together," he said. As more tech companies leverage the promise of flexible work arrangements as a competitive advantage, some are going the opposite route, betting that a strong office culture is what will help them recruit and retain the best talent. Proponents of fully in-office work cite a range of benefits, from the collaboration that can result from happenstance interactions to easier communication. Plus, they add, plenty of people enjoy working in offices, especially after months spent, for some, in makeshift arrangements. Given the tech industry's status as a bellwether for workplace trends, professionals in many industries are watching to see where it lands.


Retailer Rakuten beats Japanese lenders at digital banking game

The Japan Times

Rakuten Group Inc. is emerging as the first real digital contender to Japan's traditional lenders, using its Amazon.com New digital bank accounts with the internet conglomerate better known for its online shopping services expanded by 20% last year and recently topped 10 million, the most among the country's online lenders. Deposits grew by about 50% over the same period to more than ¥5 trillion, putting it on par with Japan's mid-sized regional banks. Rakuten allows its more than 100 million members to collect loyalty points by using a swath of services including its bank, which can then be spent like money through its array of businesses from its travel agency to its movie and TV show app. Part of last month's deal to collaborate with Japan Post Holdings Co. on cashless payments and insurance also saw investment from Tencent Holdings Ltd., the Chinese technology giant that's helped revolutionize China's payments market through its WeChat Pay.


Perform medical transcription analysis in real-time with AWS AI services and Twilio Media Streams

#artificialintelligence

Medical providers often need to analyze and dictate patient phone conversations, doctors’ notes, clinical trial reports, and patient health records. By automating transcription, providers can quickly and accurately provide patients with medical conditions, medication, dosage, strength, and frequency. Generic artificial intelligence-based transcription models can be used to transcribe voice to text. However, medical voice data […]


How big tech got so big: Hundreds of acquisitions

Washington Post - Technology News

You're probably reading this on a browser built by Apple or Google. If you're on a smartphone, it's almost certain those two companies built the operating system. You probably arrived from a link posted on Apple News, Google News or a social media site like Facebook. And when this page loaded, it, like many others on the Internet, connected to one of Amazon's ubiquitous data centers. Amazon, Apple, Facebook and Google -- known as the Big 4 -- now dominate many facets of our lives. But they didn't get there alone. They acquired hundreds of companies over decades to propel them to become some of the most powerful tech behemoths in the world.


Walmart Is Pulling Plug on More Robots

WSJ.com: WSJD - Technology

Over the past year Walmart has started to remove or turn off the 17-foot-tall machines often placed at the front of stores. About 300 machines are being removed from stores, and around 1,300 "hibernated" while Walmart focuses on other services, said Larry Blue, chief executive of Bell & Howell, a Durham, N.C.-based automation services company that installed and maintains the devices for the retailer. "The customer told us they want one pickup spot, and they want that pickup spot to be outside," said a Walmart spokeswoman. The pickup towers act as a vending machine for online orders, holding items inside until they are collected by shoppers. Walmart frequently highlighted the machines in presentations to media and investors in recent years, saying it aimed to offer shoppers a quicker way to pick up online orders at a lower cost.


Top 4 Ways to Use AI to Enhance the Customer Experience

#artificialintelligence

If the numbers are any indication, you might think chatbots and voice assistants were poised to take over the world. Since the start of the pandemic, nearly a quarter of businesses have increased their spending on artificial intelligence, and 75 percent plan to continue or launch new initiatives post-pandemic. Global spending on AI is expected to double by 2024. AI is Quickly becoming a foundation of customer support particularly, but consumer opinion is blended. Fifty percent of clients believe chatbots and VAs make it more challenging to solve a problem, but 37 percent say they would prefer to get instant assistance from a bot than wait for a human.


Artificial intelligence is about to change how you buy lipstick (and other cosmetics)

#artificialintelligence

The Lipstick Index, as it's known, was a phrase coined by Leonard Lauder, chairman of the board at Estee Lauder, in the early noughties when it became clear in times of economic crisis, sales of color cosmetics - in particular lipstick - soar as an affordable way to treat yourself. Last year, sales of cosmetics plummeted. With bustling make-up counters in department stores closed for much of 2020, sales of designer brand cosmetics were down by more than 40% according to market research firm NPD, which equates to a loss of £500 million (around $689 million and AU$902 million). Meanwhile, sales of more affordable cosmetics in supermarkets fell by 22% in the UK, according to the Top Products survey from retail trade magazine, The Grocer, adding a further £183 million loss (around $256 million / AU$218 million). A combination of the rise of working from home and mandatory masks meant thousands of us, including this writer, ditched our make-up bags altogether.


iRobot's Roomba i7 with clean base is $200 off at Wellbots

Engadget

If you're on the hunt for a robot vacuum that can do a bit more than the bare minimum, iRobot's Roomba i7 and i9 devices might fit the bill. But being semi-autonomous dirt suckers with clean bases, they're understandably on the expensive side. But Wellbots is having a sale right now that knocks the i7 down to $599 and the i9 down to $899 when you use the code 200ENGADGET at checkout. Yes, those are still high prices for robot vacuums, but they are the same discounts we saw during Black Friday last year -- and we haven't seen them that low since then. We reviewed the Roomba i7 when it first came out and gave it a score of 87.