Bankers, watch out for the robots: Goldman Sachs has invested in a company that could use algorithms instead of analysts November 24, 2014 Bankers are often described as having robot-like qualities. With their ability to work all hours without running out of energy, their ruthless efficiency and mathematical skill, there are plenty of comparisons to be made with the machines. But now, they could actually become robots. According to the FT, Goldman Sachs has invested $15m, in [...]
Will humans be replaced by robots? They might take some of our jobs, but they’ll also create new ones November 23, 2014 Strange, semi-human, and capable of tapping into our fear of the unknown, robots have sent shivers down our spines for decades – long before the Terminator was sent to Earth or the daleks even contemplated exterminating Dr Who. But now, the fictional threat of bloodthirsty machines has shifted to a much more real danger [...]
Creativity and optimism will help Britain cope with the robot onslaught November 10, 2014 THE ROBOTS are coming, and they’re after your job. New research from Oxford University and Deloitte will be sure to send a shiver down the spine of British workers. It showed that up to 35 per cent of jobs in the UK could be destroyed by automation and computerisation. Deloitte argued that this would cause [...]
10.8m jobs set to be replaced by robots in the next 20 years but here’s where humans may have the edge November 10, 2014 A third of Britain's jobs are under threat from technology and could be replaced within the next two decades, according to research by Deloitte and Oxford University. The initial diagnosis appears terrifying, with 10.8m jobs set be replaced by automation and robots, with low-paid jobs being five times more likely to replaced than high paying [...]
PayPal co-founder Peter Thiel talks quarter-life crises and how to tackle the state November 2, 2014 It's not every day that you get to speak to Silicon Valley royalty. And Peter Thiel, co-founder of PayPal, first outside investor in Facebook, fund manager, and leader of multiple firms, is a dynasty heavyweight. Having just published his new book, Zero to One, he’s keen to talk about some of his latest ideas. [...]
Elon Musk: “We need to be careful with artificial intelligence” October 27, 2014 Elon Musk may have made millions from technology, but that doesn't mean he doesn't worry about it bringing about a Terminator-style end to humanity. During a talk to students at the Massachusetts Institute of Technology, the SpaceX-Tesla-PayPal tycoon warned that "we should be very careful" about how we use artificial intelligence, adding it could be humanity's [...]
London is no Silicon Valley – here’s why that may be a good thing October 20, 2014 Geeks and startup types are again gathering today in Billingsgate for TechCrunch’s Disrupt conference, a celebration of London’s tech sector. There’s a lot to celebrate: the sector hasn’t been this hot since the days of the dot-com boom. Investors are toasting two billion-dollar exits this year: games designers Natural Motion and artificial intelligence wizards Deep [...]
London’s tech boom is more than just hype – and the City is at its heart September 18, 2014 WHILE London Technology Week may not yet rival London Fashion Week for glamour, there is real substance to the capital’s tech boom. This is why, for the first time, TechCrunch is bringing its Silicon Valley conference to London this October. A number of things are driving this tech boom. London has long acted as a [...]
Robots won’t take all City jobs – they could even give you a pay rise September 11, 2014 You're back from the summer, but for how long? In case you missed it, one tech visionary thinks many City jobs could be automated within a decade. Dave Coplin, who glories in the title of chief envisioning officer at Microsoft UK, told the Telegraph that “the City could be run by algorithms”. Ten years is [...]
Robots are after your job in the City September 1, 2014 And you thought you were irreplaceable? If you're a banker or analyst in the City, watch your back. You’re about to be replaced – by a robot. Not the walking, talking, C-3PO Star Wars kind, but by artificial intelligence, or computer programs which think for themselves – more HAL in 2001 a Space Odyssey. Within [...]