Workers with soft skills will be important in future as automation and artificial intelligence (AI) increasingly are used in future workplaces, since these skillsets are unlikely to be easily replaced. Some 42 percent of tasks in the workplace were projected to be done by machines and AI by 2022, compared to the current 29 percent….
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Coupang Gets $2B Investment From SoftBank’s Vision Fund – PYMNTS.com
“Coupang, the South Korean eCommerce company, is getting a $2 billion investment from SoftBank’s Vision Fund, which will provide it with the money to speed up development of delivery and shopping services. According to a report in Bloomberg, citing people familiar with the matter, the eCommerce company has a post-money valuation of $9 billion. SoftBank invested $1 billion…
China will accelerate robotics, AI and ecommerce to match US
“China will make more investments and accelerate reforms of agencies and systems to boost its $3.8 trillion digital economy. The digital economy included the internet of things, big data, clouding computing and AI.” https://www.google.com/amp/s/www.nextbigfuture.com/2018/09/china-will-accelerate-robotics-ai-and-ecommerce-to-match-us.html/amp
Amazon has an AI vision and Rajeev Rastogi is shaping it
“Rastogi is the director of machine learning at Amazon India and has been ranked among one of the top 10 data scientists in India. The e-commerce giant is looking at putting artificial intelligence and ML at the heart of everything it does. According to Rastogi, the problems that AI and ML need to spar within India are…
Pre-Black Friday Online Sales Spike 17% – PYMNTS.com
“U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the first 20 days of November, including the first ‘$2 billion day of the season,‘ analysts said. That day was Monday, Nov. 19.” https://www.google.com/amp/s/www.pymnts.com/news/retail/2018/adobe-online-sales-black-friday-holiday-shopping/amp/