For many of us, the internet plays a central role in our lives. From shopping for food and clothing, to entertaining ourselves and even ordering a taxi, it's hard to imagine life without the internet. As technology continues to develop, this dependency is likely to grow, with the internet expanding beyond the web, and into everyday objects, as well. This is the "Internet of Things" (IoT), using networks to link objects so they can send and receive data. This technological development, alongside AI, is designed to increase automation, producing greater efficiency and convenience for us in our working and personal lives. This technology is predicted to have a huge impact, but what does this mean economically? Does automation mean fewer jobs? Simply put, on paper, automation leads to job losses. Already, machines have replaced human labor in manufacturing industries, and the development of AI means that numerous jobs will be performed by machines in the future , with one study...

Dec 4, 2018

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