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Detroit workers, retirees still suffering 10 years after city's bankruptcy

FOX News

Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive. But as the 52-year-old Detroit Fire Department lieutenant approaches mandatory retirement at age 60, he says one thing is clear: He will need to keep working to make ends meet. "I'm trying to put as much money away as a I can," said Berent, who also works in sales.


ChatGBT Shows Scary Implications Of AI: Sports Owners And The Robot

#artificialintelligence

Everyone is talking about the latest AI project, Chat GBT, and the responses have ranged from excitement to terror. In fact, Chat GBT has become such a cultural phenomenon that the site is operating at overcapacity, and you can't even get on right now. Kind of like when you call the airline and they ask for your number and say they will text you when you are next in line. In the meantime, AI is already impacting various industries but none more visible or game changing than the sports business. The reason is that predicting future outcomes are essential to everything in sports.


District Says 'No Looking Back' After Using Artificial Intelligence Routing System

#artificialintelligence

One day Butch Sargent was contacted by the Jasper Police, telling him about a disturbance in a certain area. "I don't want anyone to think Jasper's unsafe but we had a police problem one afternoon and a whole community was shut down," recalls Sargent, transportation director at Jasper City School District in Alabama, located about 40 miles northwest of Birmingham. "They called to tell me what blocks to shut down and I was able to reroute those students" in the affected areas. Routefinder PLUS made the difference because it is so user-friendly. It's been a baptism by fire for Sargent.


Not Just for Big Companies, Artificial Intelligence is Vehicle for Bus

#artificialintelligence

A new book shows business leaders how artificial intelligence is actionable technology that companies are quietly implementing to improve customer experience and reduce costs. Evan Ryan, the founder of the expanding artificial intelligence (AI) consulting firm Teammate AI is bringing all the benefits of AI to small and medium-sized businesses. His book, "AI As Your Teammate: Electrify Growth without Increasing Payroll," demystifies AI and shows that it is not about taking humans out of business. The book is available on November 30, 2021. "AI is the fastest, easiest way to scale a business, but it is also a big mystery to most business owners," said Ryan. "I recently read in Fast Company that AI is no longer just for big organizations. It is a revolution for all."


UZIO Announces Numerous Updates to Its Payroll, HR, and Benefits Management Platform

#artificialintelligence

SMBs using the UZIO payroll system will no longer need to worry about maintaining federal, state, or local requirements for minimum wage on a "per paycheck" basis. The newest round of updates will allow employers to set minimum wage rates for employees, which the system will automatically compare against employee pay stubs. If the system determines an employee is receiving less than the required minimum wage, their compensation for that pay period will be adjusted accordingly to meet the mandated minimum. Since many states require employers to provide PTO information, UZIO has also implemented "Paid Time Off Details", an information field that is automatically generated on each employee paycheck, providing employees with their time accrued, used, and total PTO balances. Adding more to the payroll, UZIO has added a new feature where employers can modify the working hours of salaried employees from the default 40 hours to custom hours.


Robotic Process Automation in Human Resources Management Software

#artificialintelligence

Robotic Process Automation (RPA) uses software robots on a physical or virtual machine. It has a defined set of instructions for the robots or bots to follow. RPA bots are capable of stimulating most human-computer interactions. These bots carry out thousands of tasks without a single error and at high volume and speed. Pro bots: Follows simple and repetitive commands to process data.


Estimating NBA players salary share according to their performance on court: A machine learning approach

arXiv.org Machine Learning

Professional athletes' field performance and salaries is a topic that has attracted the interest of numerous researchers (Garris and Wilkes, 2017, Olbrecht, 2009, Vincent and Eastman, 2009, Wiseman and Chatterjee, 2010, Yilmaz and Chatterjee, 2003, Zimmer and Zimmer, 2001). The general question of interest is whether players deserve their salaries based on their performance statistics. We emphasize that this relationship is not linear and hence linear models are bound to fail in capturing the underlying true association. An additional concern, separate from non-linearity, is model predictability for which internal evaluation has limitations and leads to an over-optimistic performance. These and more matters, discussed later, require delicate treatment which, if not properly addressed, will yield erroneous results.


How AI Transforms Business and Improves the Job Market

#artificialintelligence

Artificial intelligence (AI) is a buzzword that's been on people's minds for the last 20 years--but the vision of what it is has changed dramatically. Instead of futuristic humanoid robots tottering around major city streets, what we see now is a leading way to help customers interact with companies. AI is changing how we market and how we serve customers, but it's also reshaping the job market and creating jobs that didn't exist before. Almost every company used to have at least one room for customer service calls. Call centers are one of the top costs for medium to large companies, because the turn over rate is higher than it is for most other jobs and the pay is often competitive.


This startup is using AI to give workers a "productivity score"

MIT Technology Review

Now, one firm wants to take things even further. It is developing machine-learning software to measure how quickly employees complete different tasks and suggest ways to speed them up. The tool also gives each person a productivity score, which managers can use to identify those employees who are most worth retaining--and those who are not. How you feel about this will depend on how you view the covenant between employer and employee. Is it okay to be spied on by people because they pay you?


A council is using virtual assistants to do repetitive work

#artificialintelligence

A council in England is using virtual assistants (VAs) to check it is paying staff and schools correctly. Wiltshire Council is using Microsoft technology to complete repetitive tasks such as checking payrolls in its Human Resources department. This frees up staff to work on more critical tasks that directly help the 435,000 residents in Wiltshire and the council. VAs are currently checking more than 43 payrolls each month, which cover schools and academies in the region as well as council staff. Payroll checks need to be completed before payments can be made to ensure the correct amount of money is paid to the right person or organisation.