A report by the Office of National Statistics of the United Kingdom predicted that close 1.5 million Brits could lose jobs to automation. According to the report, improved functionality of automated guided vehicles (AGVs) could enable them to work as waiters, bar staff, and even shelf fillers. Although such news might paint a bleak picture of what…
The year 2019 has experienced vicious wildfires in California, Australia, and many parts of the world. In California, experts warn that there is a threat of more fires going forward due to warming climate. On the other hand, the wildfires in Queensland and New South Wales in Australia have been blamed on an abnormally long drought season. Interestingly,…
Biotechnology is a new concept from a scientific point of view. The first serious developments in the industry began to be noticeable in the 1970s. A few years later, it seems biotechnology holds the answers to all problems facing this planet and its inhabitants. Fast forward, the industry is massive. Growth of the industry in…
Virtual Reality (VR) first emerged as an aspect of entertainment that is focused on taking people away from the familiar environment. Incidentally, VR has grown to find applications in diverse industries. This informs the current surge in interest in VR and its potential by companies all across the globe. The current state of VR industry…
In the past few years, Artificial Intelligence has been one of the technologies that are growing fast and disrupting almost every sector. Implementation of AI is very vital in defining future growth in various industries and manufacturing will be the most impacted on the industry. Countries and several businesses across the globe have been trying…
The work environment is changing rapidly and it is vital to understand how the changes are defining the landscape. New trends are disrupting the work environment which requires organizations and employees to adopt the trends to be relevant. Technological advancement such as automation and AI, globalization as well as new approaches like working from home…
AI is huge. According to an International Data Corporation (IDC) spending guide, worldwide spending on AI systems should clock $35.8 billion by yearend 2019. This is a 44% increase compared to the figure for 2018. As per IDC, the retail industry is the biggest beneficiary of the AI software. This article explores how firms will…
Work as a concept is more dynamic today than it has ever been. Just under a decade ago, anyone would feel comfortable in their office knowing that income was secured at least until retirement. But this is no longer the case, especially in the face of fast-evolving technology. While most of the debate around the…
Millions of Women face the risk of losing their jobs amidst new trends in the job market. Automation, as well as the emergence of new technologies, is the latest trends posing significant challenges to women in the workforce. Risk To The Female Workforce McKinsey Global Institute in a new report indicates that up to 160…
Artificial intelligence (AI) has been in development for a long time and the technology is growing relevance and ability to turn whole industries upside down. The AI global market is growing rapidly where it is expected to hit $60 billion by 2025. Considering that the market was only $1.4 billion in 2016, the potential is…
