AI-Based Software Automating Mundane Workplace Chores

Artificial intelligence is making its way into the workplace via the back office, automating tasks in accounting, billing, payments and customer service, and is capable of scanning documents, filling out spreadsheets and checking accuracy of records. In early projects, AI bots are following simple rules, observing and making yes-no decisions rather than high-level choices. Bigger things are coming, especially from tech companies like IBM, Microsoft and Oracle, which partner with robotic automation startups. Continue reading AI-Based Software Automating Mundane Workplace Chores

Amazon Invites Long-Shot Cities to Make Their Case for HQ

Amazon’s invitation for U.S. cities and states to submit proposals for its second headquarters has ignited a frenzy of interest. The new headquarters is estimated to bring a $5 billion investment and 50,000 jobs, which led governors, mayors and other officials to invest in everything from professionally produced promotional packets to PR stunts to attract attention. In the process, some cities may be spending more than they should on what is essentially a long shot. The initial bidding process ends on October 19. Continue reading Amazon Invites Long-Shot Cities to Make Their Case for HQ

Internet of Things Moves From Hype to Huge Potential Value

With over 10 billion interconnected smart devices, the Internet of Things is rapidly moving from hype to reality. Over the next ten years, the number of interconnected smart devices is expected to explode to tens of billions, and continue an upward trajectory for decades to come. What does this mean in terms of economic value of the IoT? With the seemingly limitless potential of monetizing interconnected devices, McKinsey & Co. tackled that topic, made more complex since the Internet of Things is still in its nascent stages. Continue reading Internet of Things Moves From Hype to Huge Potential Value