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"BEIJING: Handing over a piping hot meal at exactly the time promised, Chinese food delivery driver Zhuang Zhenhua triumphantly tapped his job as complete through the Meituan app -- and was immediately fined half of his earnings. A glitch meant it inaccurately registered him as being late and he incurred an automatic penalty -- one of many ways, he said, delivery firms exploit millions of workers even as the sector booms. Authorities have launched a crackdown demanding firms including Meituan and Alibaba's Ele.me ensure basic labour protections such as proper compensation, insurance, as well as tackling algorithms that effectively encourage dangerous driving."

"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."

""It marks an exciting moment for the field," said Demis Hassabis, DeepMind's founder and chief executive. "These algorithms are now becoming mature enough and powerful enough to be applicable to really challenging scientific problems." Advertisement Venki Ramakrishnan, the president of the Royal Society, called the work "a stunning advance" that had occurred "decades before many people in the field would have predicted"."

"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.""

"One great way to tell the difference is to ask AI recruiting companies what they use artificial intelligence, machine learning and/or deep learning for. Hopefully the hiring firm can what it's using the new technology for and not just that it is. If not it's time to dig a bit deeper."