Category: Business

Bank of America testing fully automated bank branches – devoid of staff #IOT #Automation

Bank of America is designing bank branches that no longer have onsite staff. Interaction with the bank will be through automated systems and ATMs – with video conferences to remotely located banking staff if you need a live person for assistance. “We are literally automating every single thing” Source: Bank of America says it’s testing ‘completely automated’ branches | The Charlotte Observer Policy makers are oblivious to understanding the technology trends – and that many...

It’s over! “What happened to #virtual reality?” as we hit that phase in the news cycle! #VR #VR360

The virtual reality industry has achieved – again! – that point in in the product life cycle where the media declares it’s death! Over the past year, evidence has stacked up that VR isn’t as hot as everyone thought it’d be, and it feels poised to go the way of the smartwatch. Source: What happened to virtual reality? – Business Insider Per the reporter, Facebook’s Oculus Rift is a failure, the HTV Vive is a...

Foxconn to fully automate its factories #automation #robots

Apple’s main manufacturing partner, Foxconn, is planning to eliminate human workers from its Chinese factories in three phases —something already complete at some locations, a manager with Foxconn’s Automation Technology Development Committee revealed on Friday. Source: Apple manufacturer Foxconn aiming to fully automate factories in three phases Automated systems are now cheaper than workers….in China.

taxi, car, automobile

Automatic Self Driving Uber cars in San Francisco

One step closer to totally a totally driverless service. Source: Self-Driving Ubers Are Now Picking Up Passengers in San Francisco Automated systems are finding applicability even in very complex environments, such as driverless cars. Automated taxis may eliminate jobs of many drivers, depending on customer acceptance and how wide spread their deployment.

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