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 japanese firm replace staff


Robots are now really stealing jobs as Japanese firm replaces staff with AI

#artificialintelligence

Though we've always assumed certain crafts will forever remain immune to automation, it seems nowadays nobody is safe from the looming artificial intelligence invasion. While a few years back the prospect of robots snatching jobs from humans might have seemed like a hackneyed plot twist from a cheap science fiction flick, this scenario actually turned into reality for the staff of Japanese insurance firm Fukoku Mutual Life. Last year, Facebook's VP of Design thought the TNW Conference main stage was the best she'd ever been on. The BBC reports the company has made an executive decision to lay off more than 30 employees and replace them with an artificial intelligence system that can calculate insurance payouts. With this move, Fukoku Mutual estimates it will increase productivity by an impressive 30 percent.


Robots are now really stealing jobs as Japanese firm replaces staff with AI

#artificialintelligence

Though we've always assumed certain crafts will forever remain immune to automation, it seems nowadays nobody is safe from the looming artificial intelligence invasion. While a few years back the prospect of robots snatching jobs from humans might have seemed like a hackneyed plot twist from a cheap science fiction flick, this scenario actually turned into reality for the staff of Japanese insurance firm Fukoku Mutual Life. Get the low-down on the latest and most insane tech being showcased in Las Vegas. The BBC reports the company has made an executive decision to lay off more than 30 employees and replace them with an artificial intelligence system that can calculate insurance payouts. With this move, Fukoku Mutual estimates it will increase productivity by an impressive 30 percent.