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10/16/2020
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By Franz Walker
Coronavirus threatening jobs as hospitality industry turns to automation
Jobs in the hospitality industry will be the hardest hit as businesses increasingly turn to automation in the face of the Wuhan coronavirus (COVID-19) pandemic. The prediction came from a study by the Royal Society for Arts, Manufactures and Commerce (RSA). Researchers from the London-based think tank found that the ongoing pandemic is increasing the demand […]
11/14/2018
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By Tracey Watson
Coming soon: Mini robot grocery stores
Ours is arguably the laziest generation in the history of humankind. If it isn’t instant, doesn’t come in a box and isn’t available immediately, there probably isn’t much demand for it. This innate lack of desire to work for anything extends to the chore of purchasing groceries, too. The Internet has unashamedly fed our collective […]
08/20/2018
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By David Williams
A.I. will cause more inequality in wealth and employment across the world – study
Now that it’s all but completely certain that the future belongs to robots, it’s time to think about how to make the most of it. The robotics and AI revolution can’t be stopped now, and the possible consequences have been enumerated by many experts time and time again. It’s getting to the point where mentioning […]
09/15/2017
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By Ethan Huff
Roads are too restrictive: Unmanned ghost ships are next on the automation radar
First it was pilotless drones. Soon it could be driverless cars. And if the tech firms involved with their development are successful in achieving their goals, it will eventually be unmanned “ghost” ships as well that, according to new reports, could add yet another logistical mode of transfer to the human-less product delivery lineup. Set […]
08/31/2017
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By Russel Davis
SEC crackdown on Bitcoin accelerates with de-listing of publicly-traded Bitcoin capital firm, accused of hyping the bubble
The U.S. Securities and Exchange Commission (SEC) recently issued a temporary freeze order on trading for the American Security Resources Corp. (ARSC), a publicly-listed bitcoin exchange company. This marks the third suspension in the month of August alone. SEC officials announced the suspension on August 24, Thursday. According to reports, the suspension will be effective until 11:59 am ET, September 8, 2017. […]
07/11/2017
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By Russel Davis
Robot recession: Will the rise of automation force 57 MILLION American workers out of their jobs?
A recent analysis by the accounting and consulting firm PwC revealed that recent technological advances and their increased adoption may well put 38 percent of all jobs in the U.S. at high risk of automation. According to the researchers, this equates to about four in 10 human jobs being replaced by robots. The analysis also showed that the […]
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