News 

As Jobs Are Automated, Will Men and Women Be Affected Equally?

“First, the impact of AI on work will be influenced by the distribution of women and men in particular jobs” reports hbr.org. Because AI tools will tend to automate tasks, rather than whole jobs, many occupations will be affected unequally.As new AI capabilities develop, such as self-driving technologies, more men than women will be affected by job changes between the late 2020s and the mid 2030s.Jobs such as elementary and middle school teachers, registered nurses, and secretaries and administrative assistants each comprise at least 80% women; while jobs such as…

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Waymo tests ‘rider only’ service and looks beyond robo-taxis

“The high costs and technical challenges of developing a safe, reliable automated driving system coupled with uncertainty about regulation have put a chill on the automated driving industry’s previous exuberance” writes Midwest Communications Inc for 95kqds.com. One problem the automated vehicle industry faces is confusion about the terms used to describe the technology, Krafcik said. Source: 95kqds.com

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Crypto News Platforms 

Platform Says It Helps Users to “Dive Into Automated Crypto Trading”

“A cloud-based cryptocurrency trading platform notes its free trading bot allows users to take advantage of crypto market fluctuations” writes Maria Mercedes for cointelegraph.com. The company’s guides and TradeSanta Bot templates are promised to help users “dive into automated crypto trading smoothly.” According to the company, the entire platform was built to be simple to use.The arrival of blockchain technology and cryptocurrency in recent years has seen multiple entities applying the concept of trading bots to the ecosystem.Once a trading bot is set up and ready to trade cryptocurrencies, it…

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Can a Board Member’s Job Be Automated?

“Continued advances in artificial intelligence, robotic process automation (RPA), and distributed ledger technology like blockchain could bring about a completely new way for the Board to exercise its responsibilities” reports hbr.org. For example, with distributed ledger technology, company accounts could be instantaneously verified anywhere in the world; likely rendering the audit, compliance, and reporting activities of the Board redundant.However, distributed ledger technology and smart contracts could take over the role of ensuring conformance with regulations and reporting requirements.Setting the strategy and vision of the company: will continue to mainly rely…

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Crypto News Platforms 

CEX.IO Enables Automated Crypto Trading Through Superorder

“With their terminal for automated crypto trading, users can also combine orders to check the performance of their digital assets in real time” writes Aziz Abdel-qader for financemagnates.com. Crypto exchange CEX.IO today has integrated Superorder’s automated crypto trading terminal which allows users to create and run trading strategies, as well as increased functionality such as portfolio tracking, using a visual interface.The platform is keen on adding more exchanges in its pool soon. “Currently, the platform generates over $50 million in trading volume a month. Source: financemagnates.com

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Built Robotics raises $33 million for automated construction equipment

“Autonomous construction equipment company Built Robotics today closed a $33 million funding round to expand its operations to more use cases” writes Khari Johnson for venturebeat.com. Built Robotics wants to make it possible for construction projects to add automation to vehicles or equipment in construction zones with a simple kit.Built Robotics vehicles are fully autonomous and require no humans in the loop, CEO Noah Ready-Campbell told VentureBeat in a phone interview.The $33 million funding round was led by Next47, a $1.2 billion venture fund backed by Siemens, with participation from…

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The robots are coming for your job, too…

“The scare tactics are a little extreme,” she said in an interview, arguing that reports of tens of millions of American jobs lost by 2030 are probably overstated” writes Story Zachary B for cnn.com. In this way, robots would be taking jobs that humans might not want unless they had to do them, which they currently do.Yang is focused more on the immediate threat he says automation poses to American jobs.Almost everyone who has thought seriously about this has said that more automation is likely to lead to more inequality. Source:…

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Look ma, no cashier! Automated store Valley-bound

“An automated convenience store is a typical convenience store that operates without a cashier, and instead relies on computers and robotics” reports thebusinessjournal.com. This cropped image of an Amazon Go store in Seattle via wikipedia user Sikander Iqbal Computer scientist Aamir A. Farooqui plans to open a 1,800 square-foot, fully automated convenience store, similar to those Amazon has launched in larger urban areas.There are almost 5 million grocery clerk jobs in the US. A recent description of shopping at an automated Amazon Go store: “You simply walk in, grab what…

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ThinkMarkets Unveils New Algo and Auto Trading Solution

“FCA-regulated ThinkMarkets, a multi-asset brokerage offering forex, CFDs and commodity products, today unveiled a new package of customized algorithmic and automated trading solutions” writes Aziz Abdel-qader for financemagnates.com. Commenting on the news, Nauman Anees, Co-founder and CEO of ThinkMarkets, said: “The nuts and bolts of high-quality financial trading products are simply; pricing, speed, and quality of order-execution.Dubbed ‘ThinkZero,’ the new product encompasses the firm’s trading technology and order management system to provide low spreads and fast order execution on a wide array of financial derivatives. Source: financemagnates.com

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