Items tagged with technology:
News & Updates:
A recent paper by Faculty Affiliate Pinar Yildirim explores the increasingly common scenario of working alongside robots.
It suggests that, at the moment at least, there is often a fall in efficiency and productivity in such scenarios because the introduction of automation destabilizes human teams.
“The attraction of machines and robots is the potential increase in efficiency and the reduction in the cost of getting things done,” the research explains. “On the other hand, you have to think about the behavioral reactions of men and women who are now working alongside machines instead of humans.”
Trust Busting in Silicon Valley: Analyzing the Role of Antitrust Regulation in the Technology IndustryFrom checking the weather to reading the news, from interacting on social media to shopping for gifts, it is evident that technology plays an integral role in our daily lives. We can attribute the products that we use every day with just a few prominent technology companies. “Tech giants” or even the “Frightful Five,” the collective names given to Amazon, Apple, Facebook, Microsoft, and Google (and by extension, its parent company Alphabet) underscore the idea that these technology companies significantly influence both our daily routines and the political and economic changes in our nation at large .
Although taxing carbon is an idea that enjoys significant support among policymakers and business leaders, new research indicates that carbon taxation can actually cause energy investments to gravitate away from the cleanest energy technologies. This counterintuitive finding reflects two key characteristics of energy markets: the worldwide increase in renewable energy sources whose output is intermittent and variable; and greater market liberalization, which has made the spot driving of electricity more volatile. The intermittency of renewable energy sources requires backup generation, typically from generators using fossil fuels. The dynamics of market liberalization amplify this negative effect of intermittency. Policymakers need to take steps to reduce intermittency by supporting storage technologies or setting monetary incentives to increase renewable generation capacity investment.
First proposed in 2009, India’s Aadhaar biometric ID system represents a complete overhaul of India’s approach to identification. The Aadhaar ID links your fingerprint and iris to everything from tax filings to bank accounts. Despite criticism relating to privacy concerns, proponents argue that Aadhaar has the potential to propel the Indian economy towards business transparency and fraud reduction.
Pop culture’s fascination with science, technology, engineering, and math jobs is vast. From a fixation on the applications and impacts of automation and artificial intelligence, to an enduring interest in startups and technology entrepreneurship, it seems we cannot go more than a day without a headline using the phrase “Jobs of the Future.”