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Will AI Take Over Jobs in the Future?

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Click to learn more about author Neha Gupta.

If you ask, “Will AI take over jobs in the future?” to a group of people around you, you will likely get different opinions. Some may say that “no, AI will make our work easier” and others may say that “yes, we will surely lose our jobs.” It’s a debatable topic and has been a mystery for a very long time. But as COVID-19 has hit the world, a lot of things have changed in our lifestyles, businesses, and economy as a whole. Artificial intelligence is no exception – and is teaching us its importance in several ways, as it is being used by different industries such as retail, health care, telecommunication, agriculture, and construction for a variety of purposes. 

Let’s Get into the Basics

To paraphrase Ian Ferguson at Lynx Software Technologies, robots have a unique strength that humans can never beat. For example, robots can be programmed to be strong, precise, and fast, and they also lack emotions, so they will never be bored. But there are many qualities that a robot can never replace, such as “humanness” (emotions). Various jobs require the five senses of humans – sight, sound, smell, taste, and touch – to do them perfectly. For example, teaching: Imagine how would it feel like to be taught by robots? Robots may give you quick, personalized, and vast information, but that “humanness” will still be required to connect with the students deeply. 

Another example is of judges and lawyers. Robots can memorize all the articles, rules, and acts, but when it comes to judgment, judges use a mix of emotions and logic when announcing the verdict. Likewise, lawyers use both emotions and logic (facts) to put their case forward in front of the judge. 

How Has COVID-19 Impacted the Artificial Intelligence Market?

COVID-19 has positively affected the artificial intelligence market. According to our company’s latest report, the market size of global artificial intelligence was $62.35 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 40.2% from 2021 to 2028. This growth is driven by continuous investment in research and development (R&D) of artificial intelligence by tech giants like Apple, Facebook, Google, etc. 

With the continuous R&D going on, new ways are evolving where artificial intelligence can be used for the benefit of humans. For example, in April 2020, Google launched an AI-enabled chatbot called Rapid Response Virtual Agent for call centers. This chatbot is built to respond to the COVID-19-related issues of customers over voice, chat, and other social channels. 

Let’s look at some more examples where AI has proved to be a boon during COVID-19. 

With all its employees working remotely, the Adecco Group has implemented DocuSign that assists its employees in hiring and payroll. Before COVID-19, these tasks could only be possible at the office. 

Zoom, the video-conferencing app, has grown daily meeting participants from 10 million to over 300 million during COVID-19. This could be possible primarily due to the remote work that pushed employees and businesspeople to conduct meetings online. What’s more, there’s been a huge increase in the use of the Zoom application for other means, such as online teaching and personal meetings.

Walmart, America’s biggest retailer, is using robots to scrub the floors. Not only that: In South Korea, robots are being used to measure the temperature and distribute hand sanitizers.

Many businesses are also investing in ultraviolet-light-disinfection robots to clean and sanitize workspaces, especially in China and Europe. Fast-food chains like McDonald’s are testing robots as cooks and servers. 

These are just a few examples, but if we look around, we will see how artificial intelligence has taken over many of the jobs done by humans to maintain social distancing, especially in the health care industry. 

Conclusion

According to a recent World Economic Forum report, robots, automation, and artificial intelligence could replace 85 million jobs globally by 2025. However, it will also create 97 million new jobs in the future. 

Looking at the negative aspects of AI, then, there have been many cases of data breaches in the past, such as when Zoom reportedly sent their data to China and their users’ video calls were leaked online. And let’s not forget the famous Facebook/Cambridge Analytica data scandal. 

After carefully analyzing all the facts and figures, it is still unclear how we will ensure data security in the future. But what is clear is that while artificial intelligence will supplant many jobs, it will also create many others, and some jobs will be done by both robots and humans co-dependently. 

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Source: https://www.dataversity.net/will-ai-take-over-jobs-in-the-future/

AI

Amazon Perks to Help You Save Big Bucks

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Amazon has become your one-stop-shop for all your shopping needs. But the cherry on the cake is that Amazon Prime Members get two-day and even same-day delivery and dozens of additional services at the click of a mouse! Some, like Amazon Prime Video and Music, and others get lost on Amazon’s mega-site. Scroll down to discover and learn more about the finest of the bunch, so you don’t have to spend time and search for it.

During the pandemic, Amazon promoted innovative products, including Amazon Sidewalk, an auto-on broadband-sharing scheme for Amazon Echo speakers and Ring devices. But its retail offerings remain the highlight. Let’s browse Amazon’s services to discover the most helpful (and unexpected) ones you can use right now.

Kindle Unlimited and Prime Reading Are Free

A Prime Membership includes a personal lending library. You may access Prime Reading using the Kindle app on your computer, mobile device, or Kindle e-reader. This Amazon service also allows family members to exchange titles. In some instances, you may listen to an Audible Narrative while reading. Prime Reading also offers First Reads, which allows subscribers to read novels before the general public.

Kindle Unlimited is a separate $10/month membership from Amazon Prime. Enjoy unlimited access to over one million ebooks and three magazine subscriptions on any Kindle device.

Trade Your Old Gadgets for Gift Cards and Browse for Deals

Amazon is on the sustainability train, and you can profit from it. Amazon Trade-In allows you to return old gadgets for Amazon gift cards. Check each product’s eligibility — specific trade-in alternatives are only available for a short period.

Amazon Renewed allows you to purchase items that have been opened but not used by their original owners. The Amazon Renewed Guarantee ensures that these pre-owned products function and look new. Products and brands like Apple and Vitamix are accessible.

Discover Amazon Warehouse Deals

Amazon Warehouse resells millions of returned goods in like-new condition. Some items were returned unused by original buyers. Therefore, they are offered at a discount. These items come with Amazon’s 30-day return policy and 90-day renewal item return policy.

Search for Overstocked Products on Amazon Outlet

There are overstocked goods and other things at Amazon Outlet akin to a physical brick-and-mortar outlet. Like an outlet, you’ll discover luxury brands, stuff under $10, and anything from books to pet supplies. Unlike other products in the Amazon Warehouse, it’s a terrific location to save money and be the first owner. Remember that although Internet shopping is easy, finding the most incredible bargains may be time-consuming. But you can find incredible offers without budging an inch from your sofa.

Take Advantage of Limited-Time Deals

Amazon’s Lightning Deals are sales that last just a few minutes or until a product sells out. Look for them on Prime Day and in Today’s Deals.

Unclaimed bargains will be given to other customers if the campaign runs out. You may join a waitlist for a bargain, but many deals are time-sensitive, so act quickly. Due to their short-lived nature and restricted availability, these offers aren’t always the best way to discover anything particular.

Amazon Photos for Photos and Videos

Prime members get 5 GB of video storage and unlimited picture storage on Amazon’s online photo and video shoebox. You may utilize this function manually or automatically in the Amazon Photos App. With the software, you can customize the displays on Amazon devices like Fire TV, Echo Show, and Fire tablets. You may also make personalized cards and prints from your photos.

The Family Vault bonus allows up to five family members to share a plan. There are premium options available if you want more than Prime. If you want to upgrade, you may do so at any time for $2 per month for 100GB or $7 per month for 1TB.

Use Amazon Household To Share Prime Advantages

To share Prime and digital content, utilize Amazon Household. Share your Prime account with:

• Two people (18+) with separate Amazon accounts. Adults may manage adolescent and kid accounts.

• Four teens (aged 13 through 17). Teens may use Amazon to buy and watch material with parental permission.

• Four kids (kids can’t buy on Amazon).

Redeem Whole Foods Coupons

Healthy shopping may add up. Prime members get discounts on certain goods if they input their email address, phone number, or QR code on their Whole Foods Market app at checkout.

Blue marks represent Prime-only discounts, while yellow tags suggest an additional 10% off previously discounted items. This gives you weekly best-seller discounts on fruits, packaged goods, and cosmetic items, but not alcohol. Saving a few cents for each item may not seem much, but it adds up over time. If you don’t want to go across town, Amazon provides free two-hour grocery delivery with a minimum purchase. With the Amazon app, you may check in to see whether you need to visit the shop.

Use Prime’s Wedding Register To Track Your Wishes

With Amazon’s Bridal Registry, you can create a gift wish list for anything from everyday necessities to group gifts. Amazon can help you meet your giving needs, which is easy for you and your visitors.

In addition to the register, the browsing function may inspire fresh ideas or remind you of something you may have forgotten. You may also purchase anything remaining on the register for a 20% discount and return it within 180 days if you don’t like it.

The post Amazon Perks to Help You Save Big Bucks appeared first on 1redDrop.

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Source: https://1reddrop.com/2021/08/04/amazon-perks-to-help-you-save-big-bucks/?utm_source=rss&utm_medium=rss&utm_campaign=amazon-perks-to-help-you-save-big-bucks

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The New Under-Screen Camera From Oppo Promises To Make a Splash

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Until recently, only one smartphone on the market included an under-screen camera: the ZTE Axon 20 5G, which was released last year. Some companies, including Vivo, Oppo, and Xiaomi, experimented with this future technology. But, given the poor picture quality at the time, it’s no surprise that phone manufacturers mainly stayed with punch-hole cameras for selfies.

Although ZTE received harsh criticism for its initial under-screen camera, the company has included what it claims to be a better version into its new Axon 30 5G smartphone, which was released in China last week. Oppo revealed its third-generation under-screen camera today. Based on a sample shot given by the company, it seems to be unexpectedly promising – there is no discernible haziness or glare in the picture. But, of course, it was only one picture. Nonetheless, the artificial intelligence techniques and display circuits that made this feasible are fascinating.

How It Works

Briefly stated, nothing has changed in terms of the way the under-screen camera perceives what is going on behind the screen. The amount of light that can pass through the gaps between each OLED pixel determines the device’s performance. As a result, compensation for artificial intelligence is still required. Oppo claims to have trained its artificial intelligence engine “using tens of thousands of pictures” to make more precise adjustments on diffraction, white balance, and high dynamic range (HDR) with its newest under-screen camera. As a result, the example shot seems to be remarkably natural.

Another notable improvement is the uniformity of the display screen, which is another essential factor to consider. The older designs reduced the pixel density in the region above the camera to allow enough light to reach the sensor. When you viewed movies or read fine writing on that screen, you would have seen a visible patch over the camera, which would have been a big turn-off.

Advanced Pixel Density

The display panel manufacturer, Samsung, has now discovered a method to improve light transmittance by slightly reducing the geometry of each pixel above the camera, which Oppo claims is a first in the industry. We get to maintain the same 400-PPI pixel density as the rest of the screen, which results in a more uniform visual appearance across the whole screen.

According to Oppo, this is further aided by the use of transparent wire material and one-to-one pixels-circuits-to-pixel architecture (rather than two-to-one as was previously the case) in the screen region above the camera. The latter offers more accurate picture management and improved clarity, with the added benefit of a 50% longer panel lifetime as a result of improved burn-in avoidance techniques.

Will the Scales Tilt in Favor of Hidden Cameras?

Consumers will not be able to utilize Oppo’s next-generation under-screen camera until it is released later this year or if it is released at all. Still, considering the timeframe, it wouldn’t be surprising if this is the same technology used on the ZTE Axon 30 5G. In any case, it would be great if the industry could ultimately agree to abandon punch-hole cameras in favor of hidden cameras.

The post The New Under-Screen Camera From Oppo Promises To Make a Splash appeared first on 1redDrop.

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Source: https://1reddrop.com/2021/08/04/the-new-under-screen-camera-from-oppo-promises-to-make-a-splash/?utm_source=rss&utm_medium=rss&utm_campaign=the-new-under-screen-camera-from-oppo-promises-to-make-a-splash

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Technical Terms Any Forex Trader Should Know

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In some ways, FX indicators are beneficial. They work as tools integrated into and connected across payment systems to give traders a distinct and often concise market outlook. They might view the present situation of a monetary pair or a review of past data in long or short-term projections. There are several helpful forex indicators, including some that are discussed below.

What are the best indicators?

Many investors have their preferred technical analysis, and these indications form part of the typical approach of these traders. There is no actual best indication regardless of what you would hear, as the style, the character, and the mentality of each trader are distinct. In other words, when it comes to professional analysis, there are many must-know indications.

Averages of movement

Moving averages are leading technical indicators created particularly to identify price breaks and the general market trend. You take the shape of a chat line, which is the mean value for a forex pair over a fixed period, such as 14 or 200 days, measured by average or average.

This gives the trader an overview of the currency pair’s general trend, but it should be remembered that moving averages within a short time frame may respond faster to price movements on the market.

Oscillators

FX oscillators signal when the market hits a limit, and the probable consequence is a counter correction of the current trend. If the price rises, for example, over-purchased, analysts say, the price stays constant or slides little as traders seek to enhance their gains. Professional entrepreneurs enter the market, increasing the expenses if a negative corrective occurs. On the other side, an oversold market is causing a response or a positive correction in the other way. In general, buying over-sold and selling at the futures at the overbought zone is preferred.

Stochastics

Stochastic oscillators are meant to show overbought and oversold areas, but stochastics are also indicating potential market reversals. The stochastics are available in several variants, but the most often used type is the sluggish stochastic. At the end of a chart, it consists of two trend lines of 0 to 100.

Because their results are accurate, stochastics is a popular indicator for many traders. Stochastics have the potential to enable investors of all skills to identify appropriate entrance and exit positions, both by experienced traders and novices.

Retracing lines of Fibonacci

Fibonacci trace lines are a quantitative analytics approach that looks for support or resistance levels on trading instruments as part of a whole series of tools based on Fibonacci sequences. The idea is simple: The markets respond or track tiny elements of a bigger shift, which are predictable. Thus the retracing of Fibonacci is many unbroken patterns. Traders using this strategy utilize Fundamental ratios of 23.6%, 38.2%, 50%, 61.8% and 100% to establish the target pricing or stop-loss ratio.

Index of relative force

Like stochastics, the RSI is an oscillator used to identify market circumstances overfunded or overpayment. The RSI index is frequently called RSI. For traders who prefer cheap buy and sell high, this is very beneficial as values range from 0 to 100. Zero is seen to be too much, whereas 100 are considered over-sold.

Bollinger band

Bollinger bands are a simple notion and are thus commonly utilized, a volatility channel usually included in lists detailing forex indicators. If the price of a currency pair is above a moving average, plus some amount, the beginning of a trend is indicated. Bollinger Band values are usually 2 or 2.5 standard deviations from a single average movement.

Each time frame contains an indicator, and variables may be modified and adapted to a trader’s taste. Each trader is unique and may be utilized in several ways with all needles. One indication is seldom a flawless signal, but it may frequently put you on the right side of the forex markets, taking into consideration some of the other indicators.

The post Technical Terms Any Forex Trader Should Know appeared first on 1redDrop.

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Source: https://1reddrop.com/2021/08/04/technical-terms-any-forex-trader-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=technical-terms-any-forex-trader-should-know

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Artificial Intelligence

Eli Lilly joins $30M Series A financing for startup bringing AI analysis to endoscopy

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Jonathan Ng, Iterative Scopes

The artificial intelligence-based technology of Iterative Scopes brings computer vision analysis to endoscopic images. The startup’s technology was initially developed to assist gastroenterologists in finding pre-cancerous polyps but CEO and founder Jonathan Ng said it’s also finding additional use helping pharmaceutical companies identify patients for clinical trials.

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Source: https://medcitynews.com/2021/08/eli-lilly-joins-30m-series-a-financing-for-startup-bringing-ai-analysis-to-endoscopy/

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