Wells Fargo predicts massive wave of job losses in the banking sector
The banking sector has played a significant role in the US economy over the years but analysts say that thousands of frontline workers in the industry could lose their jobs or find a lesser role to play as automation takes over in the banking sector. Wells Fargo analysts predict that nearly 100,000 ...
How will the AI job market fair?
Artificial Intelligence has emerged significantly in the last few decades. As per a 2017 research from IDC, released by Salesforce, AI is projected to create 823,734 jobs by the year 2021, surpassing the number of jobs lost to AI technologies such as machine learning and automation. These reports m ...
How robots will make our work more human?
A global crisis put millions of people out of jobs and compelled millions of others to work remotely. It has made people work in isolation and that has caused a lot of people to stress. Another factor stressing people is how this crisis has led to the acceleration of automation. Things that were ex ...
Has COVID accelerated automation?
There's no debate on COVID being the driving force being a lot of company's digitalization. What was to be done in years has been implemented in a few months. Companies have started leveraging automation and AI to have a competitive edge, and employees have started understanding and adapting to the ...
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More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...
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