The big debate: Artificial Intelligence – Digital Catapult

We recently held a heated debate – would AI increase the number of jobs? Peter Karney and Darren Murphy went head to head. Peter: AI can certainly reduce or eliminate menial activities. One example is a call centre. Currently if you need advice you’ll speak to a human being; it’s expensive and can be a complete waste […]

Insurtech: How blockchain, artificial intelligence and P2P are changing the future of insurance | City A.M.

Just as fintech is transforming the banking world, “insurtech” has set its sights on the insurance industry.

There are firms like Trov, which provides insurance on-demand and enables consumers to catalogue insured belongings. Buzzmove uses home removals data to create a new distribution model for insurance – people are more likely to renew or buy insurance when moving house – and helps customers track the value of their assets.

Europe: Robots Are People Too

Technology gets more and more advanced every day. Smartphones are faster, apps are more developed, and artificial intelligence is learning more efficiently than ever before. The gadgets, gizmos, and robots in our lives are beginning to evolve faster than we can regulate them.

Now a European Parliament motion looks to keep robots in check in a strange way: they want to classify robots as “electronic persons.”

The robots set to disrupt white collar work

Developments in robotics and technology mean more and more white collar jobs are being automated and performed by machines, according to experts, who also predict that this automation could solve the productivity gap.

Estimates of the impact of robotic automation vary, but market research by Forrester forecasts that automation will replace 12 million jobs in the U.S. by 2025, according to its report published last month

Premature deindustrialization: the new threat to global economic development | Vox

The migration of factory work to much poorer countries has been a boon to those countries’ economic development, helping spur an unprecedented decline in global poverty.

The bad news is “premature deindustrialization,” in which countries start to lose their manufacturing jobs without getting rich first.

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