Blockchain technology could soon revolutionize the global banking industry, according to the chief executives of two major European lenders. Banks have invested millions in developing blockchain applications in recent years, as part of a broader industry effort to try to cut costs and simplify their back-office processes. The technology, which is perhaps better known as... Continue Reading →
Artificial Intelligence-A Risk To The Existence Of Civilization?
In a present-day situation, a lot of level-headed discussions are occurring with respect to the quick pace at which Artificial Intelligence (AI) is creating and the benefits and bad marks of the same. The possibility of a super-shrewd machine taking control of people sounds like an implausible plot of a science fiction novel. However, in... Continue Reading →
The government’s brand-new gig economy data is already outdated
Being counted counts, but sometimes counting is harder than you’d expect it to be. That seems to be true for the Bureau of Labor Statistics (BLS), which this morning released its first “Contingent Workforce Survey” (CWS) in 13 years. It’s a welcome new data set but, I believe, a sorely inadequate one. WHAT THE GOVERNMENT’S DATA DOESN’T... Continue Reading →
Finding the Humane in Artificial Intelligence
Modern society’s stance on artificial intelligence — AI — is generally split down the middle. While some insist that next-gen robotics and AI-driven machines are set to take over the world, others take a more realistic approach. Instead of fighting against the trend of increased automation in the workplace, tech-savvy professionals are embracing smart machines... Continue Reading →
NASA is announcing a new discovery from Mars on Thursday heres how to watch it live
NASA’s Curiosity Rover has found some new and exciting information about Mars, and the space agency is announcing that discovery to the world on Thursday. The Curiosity Rover launched from Earth in November 2011 and landed on Martian soil on August 6, 2012. It has since been cruising around the red planet’s surface, functioning as... Continue Reading →
Robots have been taking our jobs for 50 years, so why are we worried?
Robots have been taking our jobs since the 1960s. So why are politicians and business leaders only now becoming so worried about robots causing mass unemployment? Again, in an ideal scenario, humans may be able to focus on doing the things that make us human, perhaps fuelled by a basic income generated from robotic work.... Continue Reading →
THIS ROBOTIC POLLINATOR IS LIKE A HUGE BEE WITH WHEELS AND AN ARM
YOU LIKE EATING, yes? Apples, oranges, berries? For these foods we can thank bees and their extraordinary pollinating powers. Unfortunately, to show our appreciation, humans are killing off bees in staggering numbers—destroying their habitats and poisoning them with pesticides. And at the same time, our population is skyrocketing, which means if we can't get our... Continue Reading →
Wells Fargo isn’t the only bank with fake accounts, regulators say
Wells Fargo isn't the only bank where heavy sales pressure led employees to open fake accounts. A federal review triggered by the Wells Fargo scandal found that "weaknesses" at other banks led employees to open accounts without proof of customer consent — just like Wells Fargo did — according to the Office of the Comptroller... Continue Reading →
Experts say algae is the food of the future. Here’s why.
I have commitment issues -- with my diet. Name the diet, and I've tried it. I'm currently a pescatarian with fish as my main protein source. But I've been a carnivore, vegetarian and vegan, too. Oh, and I dabble in "menu of the future" items such as algae and bugs. In the last month, I've... Continue Reading →
UPS Has 260,000 Union Workers and They’ve Just Authorized a Strike
United Parcel Service (UPS, +0.18%) workers authorized their union to call what would be the first strike since 1997, giving negotiators more leverage in talks to replace a labor contract that expires at the end of July. Of the workers from the package unit who voted, 93% favored the authorization and 91% of UPS freight... Continue Reading →