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dr tech

What will destroy us first: Superbabies or AI? - Quartz - 0 views

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    "Is AI going to take all of our jobs? The economy is always in a state of flux. In the 1800s, 80% of the labor force worked on farms; today it's 2%, but we don't have 78% unemployment. Entirely new industries may continue to spring up and offer new employment opportunities. Ironically, "smart manufacturing," which is partly AI, is touted by politicians on the right and on the left as critical to saving American manufacturing jobs. If AI makes businesses more efficient, contributing to growth of the economy, there will be more money to invest in new ventures. There are probably going to be entirely new sectors of the economy in 100 years that we can't even imagine right now. It's possible that total employment will fall, but economic growth will continue as we're able to produce more with less."
dr tech

Another day not at the office: will working from home be 2020's most radical change? | ... - 0 views

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    "Remote working changes not just our understanding of a working community and the company ethos, but also our very concept of physical reality. Suddenly, to misappropriate Gertrude Stein, there is no there there. But if there is no shared space, what's to stop employers following the example of many customer-care call centres, and employ much cheaper staff based in the developing world?"
dr tech

Homeworking sounds good - until your job takes over your life | John Harris | Opinion |... - 0 views

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    "In September last year, researchers at New York University and Harvard Business School published their analysis of the emails and online meetings of 3.1 million remote workers in such cities as Chicago, New York, London, Tel Aviv and Brussels, in the very early phases of their countries' first lockdowns. They found that the length of the average working day had increased by 8.2%, or nearly 50 minutes, "largely due to writing emails and attending meetings beyond office hours"."
dr tech

The pandemic has taken surveillance of workers to the next level | Rachel Connolly | Op... - 0 views

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    "We are inured to the idea that professional environments have a built-in layer of surveillance, and now that this environment has merged with the home for many workers, some of these practices have started to look more extreme. But the discussion about surveillance should not start and end with the tools employers use to monitor people working from home. We should instead be asking: how necessary is any of this?"
dr tech

Bosses turn to 'tattleware' to keep tabs on employees working from home | Technology | ... - 0 views

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    "Remote surveillance software like Sneek, also known as "tattleware" or "bossware", represented something of a niche market pre-Covid. But that all changed in March 2020, as employers scrambled to pull together work-from-home policies out of thin air. In April last year, Google queries for "remote monitoring" were up 212% year-on-year; by April this year, they'd continued to surge by another 243%."
dr tech

Brazilian Workers Paid 70 Cents an Hour to Transcribe TikToks - 1 views

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    "He quit the same way he'd been given the job: through a WhatsApp message. He had neither a contract nor any documents regulating his employment. For Felipe, the plan to make a little quick money became a hellish experience. With TikTok's short-form video format, much of the audio that needed transcription was only a few seconds long. The payment, made in U.S. dollars, was supposed to be $14 for every hour of audio transcribed. Amassing the secondslong clips into an hour of transcribed audio took Felipe about 20 hours. That worked out to only about 70 cents per hour - or 3.85 Brazilian reals, about three-quarters of Brazil's minimum wage."
dr tech

The Robots Are Coming for Phil in Accounting - The New York Times - 0 views

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    "White-collar workers, armed with college degrees and specialized training, once felt relatively safe from automation. But recent advances in A.I. and machine learning have created algorithms capable of outperforming doctors, lawyers and bankers at certain parts of their jobs. And as bots learn to do higher-value tasks, they are climbing the corporate ladder."
dr tech

'It just doesn't stop!' Do we need a new law to ban out-of-hours emails? | Work & caree... - 0 views

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    "A study last year of 3.1 million workers in North America, Europe and the Middle East found "significant and durable increases" in both the average number of emails sent internally, and the number of recipients. By measuring the time between the first and last emails sent (or meetings attended) in a 24-hour period, the researchers concluded that, since the pandemic, the average workday had extended by 48.5 minutes."
dr tech

How DuckDuckGo makes money selling search, not privacy - TechRepublic - 0 views

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    "It's actually a big myth that search engines need to track your personal search history to make money or deliver quality search results. Almost all of the money search engines make (including Google) is based on the keywords you type in, without knowing anything about you, including your search history or the seemingly endless amounts of additional data points they have collected about registered and non-registered users alike. In fact, search advertisers buy search ads by bidding on keywords, not people….This keyword-based advertising is our primary business model. "
dr tech

What Does Privacy Really Mean Under Surveillance Capitalism? | Literary Hub - 0 views

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    "The internet is primarily funded by the collection, analysis, and trade of data-the data economy. Much of that data is personal data-data about you. The trading of personal data as a business model is increasingly being exported to all institutions in society-the surveillance society, or surveillance capitalism."
dr tech

'The first Twitter-fuelled bank run': how social media compounded SVB's collapse | Sili... - 0 views

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    "The collapse of SVB was the second-largest bank failure in the history of the United States. The largest, Washington Mutual in 2008, took place over the course of eight months. SVB's collapse played out in barely two days. Anxious Twitter posts and WhatsApp exchanges, coupled with the ease of access that online banking provides, are seen by analysts as a serious catalyst for the current crisis. Experts suggest that in the social media age, the psychological behaviour behind a bank run - mass fear from depositors of losing their savings - may be amplified and go viral quicker than bank officers and regulators can successfully respond."
dr tech

Inside Robinhood, the free trading app at the heart of the GameStop mania - CNN - 0 views

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    "Robinhood's free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. The rise of Robinhood means that the ability to buy stocks, on a whim, is now at everyone's fingertips. Robinhood has opened investing up to the masses. Rival online brokerages were forced to mimic Robinhood's zero-commission business model, and some joined forces just to survive. "
dr tech

Morgan Stanley: 40% of labor force to be affected by AI in 3 years - 0 views

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    "Analyst Brian Nowak estimates that the AI technology will have a $4.1 trillion economic effect on the labor force - or affect about 44% of labor - over the next few years by changing input costs, automating tasks and shifting the ways companies obtain, process and analyze information. Today, Morgan Stanley pegs the AI effect at $2.1 trillion, affecting 25% of labor. "We see generative AI expanding the scope of business processes that can be automated," he wrote in a Sunday note. "At the same time, the input costs supporting GenAI functionality are rapidly falling, enabling a strongly expansionary impact to software production. As a result, Generative AI is set to impact the labor markets, expand the enterprise software TAM, and drive incremental spend for Public Cloud services.""
dr tech

Welcome to dystopia: getting fired from your job as an Amazon worker by an app | Jessa ... - 0 views

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    "Instead, the robots are here not to replace this lower tier of underpaid and undervalued work. They are here to smugly sit in the middle, monitoring and surveilling us, hiring and firing us. Amazon has recently replaced its middle management and human resources workers with artificial intelligence to determine when a worker has outlived their usefulness and needs to be let go. There is no human to appeal to, no negotiating with a bot. "
dr tech

This law firm employee secretly automated their job and now works 10 minutes a day from... - 0 views

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    "When Reddit user Throwaway59724 had to start working from home because of Covid, they learned how to automate their IT job duties so they don't have to work more than 10 minutes a day to earn their "just-shy-of-90k" salary."
dr tech

With AI translation service that rivals professionals, Lengoo attracts new $20M round -... - 0 views

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    "Most people who use AI-powered translation tools do so for commonplace, relatively unimportant tasks like understanding a single phrase or quote. Those basic services won't do for an enterprise offering technical documents in 15 languages - but Lengoo's custom machine translation models might just do the trick. And with a new $20 million B round, they may be able to build a considerable lead. The translation business is a big one, in the billions, and isn't going anywhere. It's simply too common a task to need to release a document, piece of software or live website in multiple languages - perhaps dozens."
dr tech

SoundCloud announces overhaul of royalties model to 'fan-powered' system | Soundcloud |... - 0 views

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    "SoundCloud announced on Tuesday it would become the first major streaming service to start directing subscribers' fees only to the artists they listen to, a move welcomed by musicians campaigning for fairer pay. Current practice for streaming services including Spotify, Deezer and Apple is to pool royalty payments and dish them out based on which artists have the most global plays. Many artists and unions have criticised this system, saying it disproportionately favours megastars and leaves y little for musicians further down the pecking order."
dr tech

Rescuing Restaurants: How to Protect Restaurants, Workers, and Communities from Predato... - 0 views

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    "What the apps have done, instead of competing to serve customers and restaurants, is use Wall Street money to accumulate market power, raise barriers to entry, and then merge with each other and set up regional monopolies.The people who have invested tens of billions of dollars in the four dominant delivery apps tolerate huge short-term losses purely because they see the likelihood of monopoly power"
dr tech

Amazon and Apple 'not playing their part' in tackling electronic waste | Technology | T... - 0 views

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    "MPs accused online retailers including Amazon and eBay of freeriding as they are not considered retailers or producers, and are therefore not legally liable to contribute to the collection and recycling of e-waste."
dr tech

Shoppers outraged as Woolworths expands AI surveillance at checkouts - 0 views

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    "However, Ms Bower also noted Woolworths' AI technology is considerably less invasive than technology recently trialled and abandoned by Bunnings and Kmart. "The Woolworths cameras don't collect sensitive biometric data or any personal information," she said. "Woolworths has also taken steps to keep customers informed using a combination of in-store signage and public statements. Importantly, customers can opt-out by using the traditional checkout process. These are all consumer protections Bunnings and Kmart failed to implement.""
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