Disruptive Innovation Radar: Operational Resilience as a Competitive Advantage
Our Disruptive Innovation Radar roundup features the latest news, trends and insights from the world of Artificial Intelligence. From breakthrough research to emerging applications, this roundup covers it all in a concise, informative, and easily accessible format.
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Disruptive Innovation Radar Operational resilience is the ability to quickly adjust to changing conditions and respond to disruptions. It's becoming increasingly important for businesses to have this competitive advantage in order to stay ahead of the competition. Meanwhile, AI is set to replace around 300 million jobs in the EU and US, so it's essential to be aware of the implications of this technology and how it can be used to your advantage. |
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There is a famous saying in the e-commerce industry along the lines of returns and the cost of deliveries saying that higher the returns, lower the margins. This is true in the current world scenario because Amazon has provided its customers with such a good return policy that everyone is hooked to the fact that they can return the product if they don’t like it and no questions will be asked. After that, customers expect the same from other retailers in the e-commerce industry and not everyone has the logistics as good as Amazon so they all struggle to provide the same service.
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Brazilian AI Startup to Develop Solution for Supermarkets to Control Food Waste Aravita, a Brazilian artificial intelligence company, is developing an AI-powered solution for supermarkets to control food waste, as reported by TechCrunch. Food items retrieved from the trash by a dumpster diver lie on the ground in the back lot of a supermarket in Berlin on May 17, 2019. - Carrying a penalty that can be up to hundreds of euros, dumpster diving is considered theft in Germany.
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AI is entering an era of corporate control An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications. The 2023 AI Index — compiled by researchers from Stanford University as well as AI companies including Google, Anthropic, and Hugging Face — suggests that the world of AI is entering a new phase of development. Over the past year, a large number of AI tools have gone mainstream, from chatbots like ChatGPT to image-generating software like Midjourney. But decisions about how to deploy this technology and how to balance risk and ...
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Techman Robot releases "lightest high-payload AI cobot" Techman Robot has released the TM20 robotic arm, which it claims is the industry's lightest high-payload AI collaborative robot. The company says the TM20's high payload capacity makes it the ideal solution for heavy-duty autonomous mobile robot (AMR) applications.
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Goldman Sachs report: AI could computerize 18% of work worldwide A recent report by Goldman Sachs raises questions about how the rapid acceleration of generative artificial intelligence technology could impact labor and global economic growth. There are tradeoffs, according to the report. There are about 300 million full-time jobs that could be exposed to automation. Researchers' estimates suggest 18% of work globally could be automated by AI, affecting developed markets more than emerging markets. Specifically in the United States, they found roughly two-thirds of jobs are exposed to some degree of AI automation. Most jobs have a 25% to 50% share workload ...
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OpenAI backs Norwegian bipedal robot startup in $23m round 1X Technologies in Norway (formerly Halodi Robotics) has raised $23m to commercialise its AI-enabled bipedal robot led by the company behind ChatGPT. “Over the past eight years, we have developed unique actuator systems and AI, commercializing an android that now serves the US enterprise markets,” said 1X. “We believe that our new name, 1X, better reflects who we are as a company and our vision to augment labour using androids.”
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AI will eventually free people up to 'work when they want to,' ChatGPT investor predicts The future of AI could "free humanity" from work, according to OpenAI investor Vinod Khosla. The venture capitalist predicted that 80% of jobs could be completed by AI in 25 years.
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LinkedIn: Generative AI may play a big role in recruiting Tech recruiters have to keep in mind talent shortages, layoffs, budget cuts and economic uncertainty, as well as diversity, equity and inclusion mandates. Suffice it to say, it’s not an easy time to be a recruiter.
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Levi’s idea: use virtual models created by artificial intelligence The goal pursued by Levi’s is to “increasingly harmonize the shopping experience of users to their particular needs and specificities”. Currently, most of the garments proposed and shown online can be viewed wearing a single model or model.
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UK government’s AI strategy to rely on existing regulations instead of new laws The UK government has today published a white paper outlining its plans to regulate general purpose artificial intelligence. Consequently, in the absence of any new laws, these sectoral regulators will have to rely on existing powers.
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Centrical Releases AI Microlearning powered by ChatGPT, Redefining the Frontline Agent Experience This expansion of the platform’s digital coach, MegAI, enables autogenerated, scalable learning content creation for frontline employees, accelerating time to proficiency by 30%. Centrical, the performance experience platform for frontline employees announced the release of AI Microlearning, their integration of OpenAI’s generative AI, ChatGPT. AI Microlearning enables content creators to auto-generate high impact microlearning content, including content summaries, related questions and answers, and knowledge check quizzes at rapid speed.
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