Finance News – Automation
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Amazon CEO Jassy says AI will lead to 'fewer people doing some of the jobs' that get automated
The integration of artificial intelligence at Amazon is expected to optimize operations, potentially reducing the number of employees needed for certain automated tasks while suppo...
Read Full Article →Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology |...
Advancements in automation have the potential to greatly increase productivity, which could allow individuals to allocate more time to leisure rather than work, impacting economic...
Read Full Article →Amazon delivery robots part of plan to automate $200B in logistics costs: analyst
Amazon’s development of advanced robotic delivery systems reflects a strategic effort to enhance efficiency and reduce expenses within the logistics industry, potentially impacting...
Read Full Article →The age of AI layoffs is already here. The reckoning is just beginning
The increasing adoption of automation technologies is leading to job reductions within various sectors, highlighting the broader economic impact and challenges companies face durin...
Read Full Article →With AI, ‘everything is under review’ at London-based tech firm IFS
IFS, a London-based technology company currently valued at €15 billion, is intensifying investment in industrial artificial intelligence to transform its operations and pursue a re...
Read Full Article →Starbucks says cutting shop staff in favour of automation has failed
In response to disappointing financial outcomes, Starbucks plans to increase barista staffing and reduce automation efforts under new CEO Brian Niccol's revised strategy to enhance...
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