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Tag: demand

AI: Ghost workers demand to be seen and heard

AI: Ghost workers demand to be seen and heard

Technology
Getty ImagesArtificial intelligence and machine learning exist on the back of a lot of hard work from humans.Alongside the scientists, there are thousands of low-paid workers whose job it is to classify and label data - the lifeblood of such systems.But increasingly there are questions about whether these so-called ghost workers are being exploited.As we train the machines to become more human, are we actually making the humans work more like machines?And what role do these workers play in shaping the AI systems that are increasingly controlling every aspect of our lives?The most well-established of these crowdsourcing platforms is Amazon Mechanical Turk, owned by the online retail giant and run by its Amazon Web Services division.But there are others, such as Samasource, CrowdFlower and M...

Op-ed: There’s an increased demand for financial advice. Are advisors up to the challenge?

Finance
Jamie Grill | The Image Bank | Getty ImagesThe financial uncertainty created by the global pandemic has made an impact on Americans of all generations and income levels.Even as the economy starts to show signs of recovery, too many Americans are still unemployed, and the uncertainty over the shape of economic recovery lingers. For some, that is translating to concerns around whether a secure retirement will be possible. For others, it is causing anxiety about the attainability of basic financial goals, such as buying a new home or sending a child to college.And for many younger Americans, it is raising questions about the impact of the pandemic on their lifetime earnings potential and what that means for their longer-term financial security.More from FA Playbook:Here's a look at other stor...
Demand for legal pot driving growth of industry’s swelling carbon footprint

Demand for legal pot driving growth of industry’s swelling carbon footprint

Science
March 8 (UPI) -- Demand for commercial marijuana continues to grow as more and more states legalize pot. To meet the seemingly insatiable demand, commercial growers are expanding their indoor production. According to a new study, published Monday in the journal Nature Sustainability, indoor growing operations are responsible for the industry's swelling carbon footprint. Advertisement Previous studies have highlighted the ill effects of the commercial marijuana industry on local water resources and wildlife habitats, but the latest survey is one of the first to provide a broad view of the sector's climate impacts. "We knew the emissions were going to be large, but because they hadn't been fully quantified previously, we identified this as a big research opportunity space," lead study autho...

‘Significant long-term scarring’ in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts

Finance
Economist Stephen Roach said Monday he believes Wall Street is overestimating a consumer comeback.According to the Yale University senior fellow, demand will snap back like a rubber band later this year as the V-shaped recovery loses momentum."With vaccines rushing out together with a lot of stimulus, you can just sense this instant gratification of a long-deferred pent-up demand," Roach told CNBC's "Trading Nation." "But as I look at the numbers, you know, most of that surge has probably already occurred."He's building part of his case on the consumer durables share of GDP data."We're back to levels of consumer durables that we haven't been at in about 13, 14 years," said Roach. "We've done the pent-up demand to a large extent, and it looks like it's borrowing from growth that m...
Home loan demand rising in mid, high-range segments

Home loan demand rising in mid, high-range segments

Finance
Demand for home loans in the mid and high-range segments is on the rise, showed a survey by Magicbricks. It showed that that nearly 38 per cent consumers want to take a home loan ranging between Rs 30 lakh and Rs 1 crore. A total of around 46 per cent of the consumer preference is now in the range of Rs 30 lakh-Rs 1 crore and above category, with most of the demand being generated from the key residential markets of Bengaluru, Hyderabad and Delhi. The Magicbricks report said that the demand revival can be attributed to several reasons like need for an extra room due to 'work from home' (WFH), reduction in circle rates, stamp duty and low interest rates. As per the poll, about 20 per cent prospective home buyers are planning to borrow a home loan between Rs 50 lakh and Rs 1 crore and above ...