Robotic process automation company Catalytic today closed a $ 30 million funding round to expand its partnerships, grow its team, and open new offices.Read More
Tag: ‘automation
As firms struggle with seasonal hiring, Amazon turns to automation
The holiday sales surge meets the lowest unemployment rate in 48 years
As firms struggle with seasonal hiring, Amazon turns to automation
Elf plan included TO BE HIRED as Santa Claus at Boscov’s, a department store in Pennsylvania, you will need to “be tolerant of unexpected behaviours from children”. But what really sets an applicant apart is a “natural white beard”. The insufficiently hirsute can apply for one of over 880,000 other holiday vacancies across America. The […]
BlackRock, the $6 trillion money manager, had a crime-fighting robot patrolling its New York headquarters — and it marks the firm’s latest foray into automation
Rob Kim/Getty Images BlackRock, the $ 6 trillion asset manager which is relying more on robots to make investment decisions, recently hired a physical robot to meander around its New York City headquarters. The robot, dubbed BLK Bot, left New York earlier this month and will be moved to the firm’s San Francisco offices soon. […]
Office automation is about to lead to a ‘massacre of the Dilberts’
Screenshot/Youtube/Bobby Jones Bank of England Governor Mark Carney warned of the risks of automation pushing workers out of low-skilled jobs, Bloomberg reported. In a speech in Canada, Carney called the phenomenon the “massacre of the Dilberts” — referring to an American comic strip featuring a generic white collar worked named Dilbert. Carney’s comments come in […]
Automation will drive interest rates higher, a new report concludes
REAL interest rates in the developed world have been low ever since the financial crisis of 2008-09 (see chart). The global economy might have struggled to recover had that not been the case; higher rates would have caused many more companies and homeowners to default. Central banks are now starting to push rates slightly higher. […]
Twitter will crack down on automation and simultaneous actions across multiple accounts
(Reuters) — Twitter said on Wednesday it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents and others have allegedly used to make tweets or topics go viral. The San Francisco-based social network also said it would not allow people to use software to […]
How Automation Could Worsen Racial Inequality
All across the world, small projects demonstrating driverless buses and shuttles are cropping up: Las Vegas, Minnesota, Austin, Bavaria, Henan Province in China, Victoria in Australia. City governments are studying their implementation, too, from Toronto to Orlando to Ohio. And last week, the Federal Transit Administration of the Department of Transportation issued a “request for […]
A candid take on the future of AI and job automation
GUEST: As automation and AI continue to transform businesses across the globe, the tech industry is in the process of building a world that will look very different from the one we know today. This implies profound changes in how business leaders will structure their companies and suggests a shift in the skills required for success. […]
Iris Automation raises $8 million to help autonomous flying machines avoid collisions
Iris Automation, a San Francisco-based startup that’s building collision avoidance systems for industrial drones and other autonomous flying machines, has closed an $ 8 million Series A round of funding led by Bessemer Venture partners, with participation from Bee Partners. Founded in 2015, Y Combinator alum Iris Automation claims a team of tech minds from the […]
