The rise of artificial intelligence (AI) has led to a heated debate about its impact on employment. On one hand, AI has the potential to automate many tasks, freeing up workers to focus on higher-level tasks, and increasing efficiency and productivity. On the other hand, there is a fear that AI technology will eventually replace human workers altogether, leading to widespread unemployment.

AI Technology

One of the key advantages of AI technology is its ability to automate routine and repetitive tasks. For example, AI algorithms can be used to process large amounts of data and make predictions based on that data, reducing the need for human intervention. In industries such as finance and customer service, AI has already been implemented to automate processes such as account reconciliation and customer service inquiries. This has led to increased efficiency and productivity, as well as improved accuracy and reduced errors.

However, while AI may automate certain tasks, it is unlikely to replace all human workers. This is because AI is still limited in its ability to perform tasks that require creativity, empathy, and critical thinking. For example, AI algorithms may be able to analyze data and make predictions, but they lack the ability to understand the context and implications of that data in the same way a human can.

Furthermore, the impact of AI technology on employment will depend on the industry and the type of job in question. In some industries, such as manufacturing, AI may have a significant impact, leading to the automation of many manual tasks and the loss of low-skill jobs. In other industries, such as healthcare and education, AI is likely to have a more limited impact, as these industries require human interaction and empathy.

Speed of technology

Another factor that will determine the impact of AI on employment is the speed of technological advancement and the rate at which new jobs are created. While some jobs may be lost to automation, new jobs are also being created as a result of the growth of AI and other technological innovations. For example, the development of AI has led to the creation of new roles such as data scientists, AI engineers, and ethical AI consultants, who are responsible for developing and managing AI systems.

Additionally, the impact of AI on employment will depend on the level of education and training of the workforce. As AI takes over routine and repetitive tasks, workers will need to acquire new skills and knowledge to remain employable. This will require investment in education and training, as well as a willingness to learn and adapt.

It is also worth noting that the impact of AI on employment will not be uniform across all countries and regions. Developed countries with strong economies and well-educated populations are likely to be better equipped to adapt to the changes brought about by AI. In contrast, developing countries with weaker economies and less-educated populations may struggle to keep up, leading to increased unemployment and social unrest.

Final thoughts

In conclusion, while AI technology has the potential to automate many tasks, it is unlikely to replace all human workers. The impact of AI on employment will depend on a range of factors, including the industry, the type of job, the speed of technological advancement, the level of education and training of the workforce, and the economic and social conditions in different countries. As AI continues to evolve, it will be important for governments, businesses, and individuals to work together to ensure that its impact on employment is as positive as possible. This will require investment in education and training, as well as a willingness to adapt and embrace new technologies.

In today’s fast-paced business environment, leaders must constantly look for ways to stay ahead of the curve and leverage emerging technology to drive progress. As new technologies like artificial intelligence, the internet of things, and blockchain continue to emerge and evolve, leaders must be able to identify and capitalize on opportunities to improve their businesses.

Get in the know

One of the key ways leaders can leverage emerging technology for progress is by staying informed about the latest developments in their industry. This means regularly reading industry publications and attending conferences and events to stay up-to-date on the latest trends and innovations. Leaders should also invest in professional development opportunities, such as online courses and training programs, to acquire new skills and knowledge that can help them better understand and utilize emerging technologies.

Another important aspect of leveraging emerging technology for progress is creating a culture that encourages experimentation and innovation. This means providing employees with the resources and support they need to explore new ideas and technologies, and encouraging them to take risks and try new things. It also means creating an environment where failure is viewed as an opportunity to learn and grow, rather than a setback.

Emerging technology – AI

One of the most promising areas of emerging technology is artificial intelligence (AI). AI has the potential to improve a wide range of business processes, from automation and analytics to customer service and decision-making. To leverage this emerging technology for progress, leaders should start by identifying areas of their business that could benefit from AI, such as customer service or supply chain management. They can then invest in tools and platforms that can help them implement AI solutions, such as chatbots, predictive analytics, and natural language processing.

Another key emerging technology is the Internet of Things (IoT). This technology allows devices to communicate with each other and share data, which can lead to a wide range of new business opportunities. To leverage IoT for progress, leaders should consider investing in connected devices and platforms that can help them improve processes such as inventory management, logistics, and customer engagement. They should also explore the potential of IoT to create new revenue streams, such as by offering new products and services.

Blockchain is king

Blockchain is another technology that is starting to gain traction in various industries. This technology provides a secure and transparent way to manage transactions and data, and has the potential to revolutionize industries such as finance and logistics. To leverage blockchain for progress, leaders should research its potential use cases in their industry, and explore how it could be used to improve existing processes or create new business models.

It’s important to mention that with any new technology, there is also the possibility of uncertainty and disruptions. Leaders can mitigate risks by thoroughly researching the technology and its potential impact, and by developing a detailed plan for implementation that includes testing and a fallback strategy.

Finally, leaders should also be aware of the impact that emerging technology may have on the workforce. As automation and other technologies continue to evolve, they will likely lead to changes in the way work is done, and the skills that are required to do it. Leaders should be proactive in identifying and addressing any potential workforce disruptions, such as by investing in employee training and development programs, and by being open and transparent with employees about the changes that are coming.

Final thoughts

In conclusion, leveraging emerging technology for progress is crucial for leaders looking to stay competitive in today’s fast-paced business environment. By staying informed about the latest developments, creating a culture of experimentation and innovation, and investing in the right tools and platforms, leaders can tap into the power of emerging technologies to improve their business processes, create new revenue streams, and drive progress.

Emerging technology is constantly changing the way we live and work. It helps to drive innovation and makes it possible for us to do things we never thought possible. We are now able to connect with people all over the world, and access information instantaneously. And this is why emerging technology will help drive innovation-the future holds so much promise for us.

How emerging technology is changing the way we live and work

Emerging technology is changing the way we live and work in a number of ways. Perhaps the most obvious is that it is making it possible for us to connect with people all over the world. We can now communicate with anyone, anywhere, instantly. This has had a huge impact on the way we do business, as well as the way we interact with friends and family.

In addition, emerging technology is giving us access to information like never before. We can now find out about anything we want, anytime we want. This has made it possible for us to be more informed and make better decisions.

Finally, emerging technology is helping to drive innovation. By making it possible for us to do things we never thought possible, it is opening up new possibilities for businesses and individuals alike. This is the future of technology, and it holds so much promise for us.

This technology helps to drive innovation and make it possible for us to do things we never thought possible

Emerging technology is constantly changing the way we live and work. It helps to drive innovation and makes it possible for us to do things we never thought possible.

For example, consider the way we now connect with people all over the world. With social media, we can communicate with anyone, anywhere, at any time. We can also access information instantly, which was once difficult or impossible to obtain.

And this is just the beginning. The future of technology holds so much promise for us. New advancements will continue to help us live better lives and work more efficiently. We can only imagine what the next decade will bring.

So if you’re wondering why emerging technology is so important, there’s your answer. It’s changing the world as we know it and making it possible for us to achieve things we never thought possible. Thanks to emerging technology, the sky is the limit!

The future of technology holds so much promise for us

The future of technology is looking very bright. Emerging technologies are helping to drive innovation and make it possible for us to do things we never thought possible. We are now able to connect with people all over the world, and access information instantaneously. And this is just the beginning-the future of technology holds so much promise for us.

Some of the most exciting emerging technologies include:

Virtual Reality- This technology is still in its infancy, but it has the potential to completely change the way we interact with the world. With virtual reality, we will be able to immerse ourselves in other cultures and experiences. We will also be able to use it for training and education purposes.

Augmented Reality- This technology is similar to virtual reality, but it allows us to interact with the real world as well. With augmented reality, we will be able to see information overlaid on our surroundings. For example, we could use it to get directions or find out more about a certain product.

Artificial Intelligence- This technology is becoming more and more advanced, and it has the potential to change the way we live and work. With artificial intelligence, we will be able to automate tasks and make better decisions. We will also be able to interact with computers in a more natural way.

These are just a few examples of the many emerging technologies that are helping to drive innovation. As you can see, the future of technology is looking very bright. So if you want to stay ahead of the curve, make sure to keep up with all the latest emerging technologies.

Emerging Technology is the answer

Emerging technology is constantly changing the way we live and work. It helps to drive innovation and makes it possible for us to do things we never thought possible. For example, consider the way we now connect with people all over the world. With social media, we can communicate with anyone, anywhere, at any time. We can also access information instantly, which was once difficult or impossible to obtain.

And this is just the beginning. The future of technology holds so much promise for us. New advancements will continue to help us live better lives and work more efficiently. We can only imagine what the next decade will bring.

The future of technology is looking very bright. Emerging technologies are helping to drive innovation and make it possible for us to do things we never thought possible. We are now able to connect with people all over the world, and access information instantaneously. And this is just the beginning-the future of technology holds so much promise for us.

There’s a lot of focus on the negatives of COVID-19, and rightly so. This pandemic, wreaking havoc on America and the world for going on six months now, seems to have no end in sight, destroying businesses, interrupting education, and causing a whole host of secondary problems, from unemployment to alcoholism, to depression and isolation.

We’re not here to discount that. However, we propose there’s a silver lining to COVID-19, and it has to do with the skyrocketing advancement in innovation and technology. From this perspective, the novel coronavirus has propelled this industry to new heights in a matter of months as opposed to years.

The COVID-19 silver lining

Innovation is the process of translating an invention or idea into a service that will create value, one that is revenue-generating and self-sustaining. Scientists, clinicians, hardware and software developers, innovators, inventors, product designers, and economists in all industries have come together to work around problems, thereby helping the world and themselves, says Healthworld.

COVID-19 has spurred the use of drones and robots in hospitals, virtual care strategies that minimize in-person patient visits such as symptom-checking apps and virtual visits, and video technology to support communication between patients and families. And that’s just in the healthcare world, an industry on the front lines of the pandemic’s surge.

Technology didn’t just explode in healthcare; it’s exploding everywhere — right in your own backyard: the office.

Hybrid Working: A New Normal

One big consequence is the scale of innovation that is occurring in response to this pandemic. The sudden and swift onset and impact of COVID-19 on businesses of all kinds is unprecedented, creating a huge push for businesses to make key changes in order to survive. This innovation survival response may not look or feel like innovation as we know it. It’s painful at times, uncomfortable, to be sure. But no matter what drives it, it’s still innovation, and it still has to be embraced.

Nowhere has this become more evident than in board rooms, offices and companies around the country, particularly affecting leadership positions as we forge a new path through the fire. Stability is critical as we navigate this new normal, and it often originates from the highest levels.

When it comes to senior leadership: “The most important thing you can do is build the strongest team you can around you,” says Former Fortune 100 executive and Poly’s Chief Revenue Officer, Carl Wiese in Coruzant Technologies’ Digital Executive podcast. “If you have the right team on the bus, almost any problem they give you is pretty easy. If you have the wrong team on the bus, almost any problem they give you is really hard.”

Wiese shares his top tips for success as we emerge into the “next normal.” This includes an accelerated approach to digital transformation, the innovative technologies that will support a hybrid work environment, and navigating the future of work.

The things we have resisted for so long, such as cloud, video meetings, and collaboration, got blown away with COVID’s emergence on the scene. Suddenly, there was no longer a choice. Suddenly, those barriers that people were tripping over for so long were cast aside, as they continued to push through and execute critical plans.

Wiese suggests a three-phased model was born out of the COVID-19 pandemic: respond, redesign and reinvent.

1. Respond: Right when the pandemic first hit, the sole focus was triage and mitigation, with a sort-of “no way but through” mindset. You did what you had to do to stay operational.

2. Redesign: This is where true digital transformation happened, as leaders could finally take a breath, take stock of what was happening, and could see what the technology landscape would look like in three years. This is when things starting ramping up as everyone got their sea legs and gained a bit of perspective.

3. Reinvent: And now, we’ve settled into the third phase of asking ourselves: how do I innovate, what is driving key innovations, how can we push the limits of what’s possible, what will it mean to our business model, and what role will technology play in that going forward?

Breaking Down Barriers

The innovations that are created out of necessity may become lasting pillars of the businesses that helped it thrive well beyond the COVID-accelerated digital transformation by about three years.

Indeed, the pandemic is a reality check for businesses that so far had been reluctant to embrace digital transformation. In addition to the stress of their potentially health-compromised employees, a dramatic drop-off in demand coupled with economic uncertainty has sent companies scrambling to migrate their workforce to a virtual environment. But while fast and furious is the name of the game in regards to digital innovation, fast and frantic leads to mistakes, says BDO.

If there had been any lingering doubts as to the necessity of digital transformation to business longevity, COVID-19 has silenced them. Now, most interactions with customers and employees take place virtually, and operating digitally is the only way to stay in business through restricted activity and mandated shutdowns. Go digital or go dark. We need to look at the COVID-19 silver lining in all of this.

Role Technology Plays in the Shift

Technology is emerging into four distinct trends, according to Wiese, and it all has to do with the professional home environment. In the first 60 days of the pandemic, people simply just figured out what they needed, from headsets to HD video cameras, to setting up a purposeful place to work that wasn’t the kitchen table. In essence, they got it done because there was no time to second guess things. Those emerging four trends are:

1. Reality sets in that work from home is here to stay for many people around the country, and indeed the world.

2. As more and more people have returned to work, there’s a push for native app experiences, a “bring your own cloud environment” if you will. It’s a time of adjustment as teams try out a variety of different platforms that work for each of their clients.

3. With many people in a conference room together, even with social distancing measures in place, no one wants to be touching controls that others have repeatedly touched. This has led to a low touch environment embracing voice control, mobile interaction, AI, etc. for innovative ways to interact with the system.

4. A whole new level of immersion is here, in terms of collaboration of video and even intelligent system monitoring. So-called “smart” rooms or systems can detect when there are more than the recommended amount of people in a conference room at one time, alerting occupants that this number must be reduced for safety.

As we move forward during this time of uncertainty, one things remains certain: human ingenuity is at its best when in the face of global adversity, as we all work under pressure with a deadline of yesterday. The immediate threat of the pandemic will pass at some point, but it’s unlikely there will be a return to how things were before. Yes, the human and economic toll of COVID-19 is devastating, but some changes, such as this invigorated innovation mindset, are the COVID-19 silver lining in all this.

The Silver Lining

The coronavirus pandemic may still be plowing its way through the country, leading to business closures, shut downs and social distance rules, but it’s also been the harbinger of technology breakthroughs as people shift the way they function. From AI to remote work tools to workforce shifts, this pandemic is breaking through technology barriers at a break-neck speed. That old proverb has never been truer: “Necessity is the mother of invention.” Translation: the driving force for most new inventions is need.   In a time when people were forced into a new normal in a matter of days or weeks, the demand for change brought about some pretty cool technology breakthroughs.

As businesses shuttered and sent their employees home, a new way of thinking was needed — FAST. Born from this pandemic came an innovation spurred on by tragedy. The technology race has always been there, but its progress has been somewhat slow, until now. Indeed, this accelerated change has restructured workplaces, redefined roles, and instituted rapid learning, all while organizations were being challenged — and still are — to embrace a new way of thinking. The rush to virtualize business operations continues as social distance directives have taken the top spot on the best practice list.

Coronavirus as an Accelerant

Who would have predicted that COVID-19 would be the catalyst for such business transformation just a few months ago? As companies are forced to adapt to the future of work at an accelerated pace, they’re increasingly embracing culture and purpose as they pivot team operations to enable remote working on a grand scale, says Forbes. Fueled by coronavirus, technologies are making breakthroughs at a rapid pace, in a variety of ways — not just in the virtual conference room.

• Online Meetings: As employees vacated their corporate campuses and set up shop at home, they turned to online meeting platforms such as Zoom, Slack, Skype and Google Hangouts to meet up, collaborate, and get work done. After all, the show must go on. This was one of the biggest technology breakthroughs.

• Virtual events: It’s not just business meetings that are taking place virtually, it’s events, too — coordinators of which have never faced such a big challenge before. But they’re bringing it all together and it’s working. For instance, Mobile World Congress held a one-day digital event, Google Cloud Next became Google Cloud Next ’20: Digital Connect, Facebook F8 is all-online, Starbucks is even holding its shareholder meeting completely online for the first time ever, and colleges the country over are holding virtual orientation sessions for incoming freshmen.

• Technology breakthroughs in Schools: Google Classroom and Zoom have been a godsend for education nationwide. With schools being forced to close their doors in March, that’s four months of learning that would have been wasted had these online platforms not been available. Teachers had to learn in a pinch how to adjust their curricula and hold virtual classrooms, while students had to adjust to a new way of learning and communicating.

• Healthcare: Networks of epidemiologists are tracking COVID-19 using low-cost gene-sequencing technologies, which are coincidentally driving promising vaccine candidates. Researchers are using machine learning to search through repositories of published scholarly articles about coronavirus. Informal networks of manufacturing firms and hobbyists are utilizing 3D printers to make thousands of face shields to protect front-line healthcare workers. Apple and Google — in an unprecedented move — partnered together to develop a contact tracing application that is embedded in the operating systems for smartphones, according to Newswise. On a related note, Apple’s latest iPhone update, iOS 13.5, will make it easier to wear a face mask and use Face ID to open your phone. 

• Network and mobile communications have enabled online medical consultations to prevent the need for in-office visits, giving first responders high-speed telecommunications to provide support where it’s needed most, and disseminating vital information around the world to enable local governments so they can make more informed decisions related to the health of constituents. Perhaps most pervasively has been the way these communications advancements have transformed social connectivity with family and friends in lieu of gathering together physically, through online videos, social media and FaceTime. Technology breakthroughs are showing much promise in this area.

• Artificial intelligence, automation, virtual reality and data management technologies have all played an important role in anything from tracking the outbreak and planning out scenarios to rapidly building medical devices and supporting research in coming up with viable treatments. In fact, artificial intelligence and genetic applied science are making it faster, easier and more affordable to understand how the virus spreads, how it should be managed and how its effects can be contained. AI can even warn us of upcoming epidemics so we have enough time to prepare. As one example, BlueDot — a global artificial intelligence database company, — uses A.I.-powered algorithms, natural-language processing and machine learning to analyze information from a variety of sources and track more than 100 infectious diseases.

Final thoughts

Perhaps the silver lining from the pandemic is the emerging technology breakthroughs that allows us all to stay in touch, make advancements, and ensure the world spins on. Organizations from all sectors are crafting new technical capabilities, harnessing digital technologies and evolving their business models at a pace that would have been unheard of just a few months ago.

Both sides of the health technology debate

In our last article, we talked about what to watch for in the way of wearable technology this year. Now we’ll discuss how this innovative form of technology can be used to promote a healthier population. We all know that health insurance payers give out incentives to providers for healthy patients; to obtain these incentives, healthcare providers must gather more data, communicate more effectively with their patients, and get them engaged in managing their own health. Why not use technology to automatically gather this data and send it back to the patient’s medical record? This method ensures accuracy, efficiency, timeliness, and accountability — things that can be sorely lacking in today’s healthcare management system. Wearables and your health intersect at awareness and healthy lifestyle planning.

The use of wearables, once a practice driven solely by individuals hopping on the “cool” factor of a FitBit, is now moving into the realm of employer- driven incentive as part of their health and wellness programs. Research has calculated a clear ROI on those who use wearables vs. those who do not. In fact, as part of a study conducted by Springbuk, employees using wearable technology cost $1,000 less on average for a company than those who didn’t. 

Undoubtedly, wearables are ideal for tracking and monitoring ongoing health and daily fitness activities. In fact, many companies are already boasting they can achieve this (you may have heard about Apple’s recent announcement of a patent for a device that can gather and process electrocardiographic measurements; or perhaps you’ve heard of wearable pregnancy trackers).

Wearable devices, along with mobile health apps, have made health data collection extremely convenient because they integrate with patients’ daily activities and reflect that activity in a quantifiable way. The information that can be collected from patients can play a critical role in how the world of medical advancement will look in the future, with wearables allowing both patients and care givers to measure a variety of indicators and generate feedback on anything from everyday health to specific markers for disease.

This can also aid in medical research; in effect, future generations can benefit from information gathered directly from users today. Healthcare professionals can gain insight into how diseases progress, which treatments are effective, how symptoms improve with certain treatments, etc. The availability and capability of the data that can be collected is mind numbing if you stop to think about it all.

Bridging the Gap

However, just because the technology is here doesn’t mean there aren’t other issues or obstacles that can stonewall the real-world integration of these technologies to the Electronic Health Record, such as:

  • Device weight
  • Cost
  • Security issues
  • Privacy concerns
  • Validity
  • Reliability
  • Regulations
  • Vendor bureaucracy

In addition to all that, there are ethical, legal, and social implications that make many healthcare professionals a bit reluctant to welcome wearable data into the electronic medical record, points out Forbes. Of course, there is always the possibility that a physician could be sued, for example, if a patient’s exercise pattern changed over time and the doctor failed to address it. Other concerns doctors may have include: How accurate is the wearable on any given day? What if there is a malfunction? What will each doctor do with the mountains of health information received? Is there a quantifiable way to document it all and make sense of it? Will this add to a workload that is already over stressed?

As you can see, many things still stand in the way of achieving a seamless connection between wearables and integration into patient records. It’s starting, though. With 274 million wearable electronic devices sold worldwide in 2016 alone, there’s no stopping the evolution of a simple fitness tracker into something much more helpful and potentially life saving. Novant Health, for instance, led the way in 2015 when it introduced its electronic patient portal, MyChart, so patients could share data from their fitness tracker with their doctors. This form of patient engagement represents the future of wearable technology integration.


Bringing Wearables into the Main Stream Health Community

With so many questions as to the security, accuracy and regulation of wearable technology and patient records, is it possible to develop standards for what data can be used and validated? Yes. The technology is there, it just has to be paired with policies that will protect patients’ rights. Once this happens, though, we can make wearables mainstream to help improve our populations’ chronic diseases. Looking ahead to what’s on the horizon, it’s certainly possible that such wearables can take this all one step further and alert or prevent the consumer from making unhealthy choices during the day. Hey, if Amazon and Maytag can automatically tell you when you are low on a product or an appliance needs service, certainly we can make this commonplace with our wearables. This is were wearables and your health intersect!