Human Bankers Are Losing to Robots as Nordea Sets a New Standard

Something interesting happened in Swedish finance last quarter. The only big bank that managed to cut costs also happens to be behind one of the industry’s boldest plans to replace humans with automation. Nordea Bank AB, whose Chief Executive Officer Casper von Koskull says his industry might only have half its current human workforce a... Continue Reading →

Richard Milner on a new U.S. particle accelerator

The case for an ambitious new particle accelerator to be built in the United States has just gotten a major boost. Today, the National Academies of Sciences, Engineering, and Medicine have endorsed the development of the Electron Ion Collider, or EIC. The proposed facility, consisting of two intersecting accelerators, would smash together beams of protons... Continue Reading →

Many jobs could be automated and SA is not prepared

Businesses around the world are cottoning on to the value of transferring labour from human workers to machines. Automation can increase efficiency and decrease labour costs. It helps employers to avoid complex challenges like wage increase demands, labour protests and strikes. Consumers also benefit from automation when products and services become cheaper because of reduced... Continue Reading →

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