Nearly Half of All Retail Jobs Could Be Lost to Automation Within 10 Years
Women and smaller cities will lose the most retail jobs to robots and online sales.
Source: fortune.com
Women and smaller cities will lose the most retail jobs to robots and online sales.
Source: fortune.com
The macroeconomic challenges that have hurt the restaurant industry in the last year are reflected in the 2017 FORBES Global 2000: some of the biggest restaurant names on the list — including McDonald’s and Yum! Brands — find themselves sitting at lower rankings than they did just one year ago.
Source: www.forbes.com
McDonald’s is the top-ranked restaurant company on the Global 2000; it came in at #215 on the overall list, down from #189 in 2016 and sitting lower than the likes of AflacAFL -0.24%, Lowe’sLOW -0.07% and Christian Diornull +0%. The burger giant has seen heightened competition from the fast-casual sector (i.e, chains like Shake Shack, Chipotle, Panera Bread), but its all-day breakfast gambit has been a boon to earnings, and Wall Street analysts seem to think that the company has even sunnier days ahead.
Amazon (AMZN) has a history of disrupting major industries experiencing a paradigm shift, and this time AMZN is taking on pharmaceuticals.
Source: investorplace.com
The company is looking to move into the pharmacy business now. It has already begun testing a prototype in Japan, and it is starting to hire more staff and leadership for the program. AMZN recently started selling medical supplies and equipment in the U.S., so this next step — an Amazon pharmacy business — makes perfect sense.
Click here to edit the cAmazon.com Inc. opened two grocery pickup kiosks in Seattle, part of its latest effort to enter the $800 billion grocery market and compete with “click and collect” shopping options from big box competitors like Wal-Mart Stores Inc.ontent
Source: www.bloomberg.com
Amazon also opened a convenience store format called “Amazon Go” that lets shoppers check in with a smartphone app, grab sandwiches, salads and other items they want from shelves and leave without having to check out. Instead, customers get billed automatically.
We issued each of them a challenge: explain blockchain in 150 words or less. As it turns out, even they can struggle to explain blockchain in simple terms.
Source: www.comparitech.com
On the eve of its annual Air Transport IT Summit in Brussels, SITA has unveiled KATE, an intelligent, robotic check-in kiosk that it believes will help reduce queues at airports.
Developed by SITA Lab, which explores the future of technology in air travel, it notes that KATE will autonomously move to busy or congested areas in the airport as needed, promising to relegate check-in queues to the past.
Source: www.airport-world.com
Retail banking is about to be changed by the potential of automated intelligence (AI) and advanced decisioning for product offers.
Source: thefinancialbrand.com
The way to prepare for a more automated future is to know how to use technologies relevant to your work, said Peter Norvig, Research Director at Google.
Source: www.cnbc.com
The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.
Source: www.americanbanker.com
The government in conjunction with five major convenience store operators plans to introduce an advanced self-checkout system by 2025 to mitigate expected
Source: www.japantimes.co.jp