Technology

PwC Reports AI Won’t Kill The Job Market

PwC Reports AI Won’t Kill The Job Market

Internet, Technology
It’s impossible to say precisely how artificial intelligence will disrupt the job market, so researchers at PwC have taken a birds eye view from the top down, and pointed to the results of sweeping economic changes. Their prediction, in a new report out Tuesday, is that it’ll all balance out in the end. More automation in trucks, factories and elsewhere could decimate around 7 million existing jobs in the UK by 2037. But the rise in robots and machine-learning software will make the country more productive over the next two decades, growing at a 2% annual clip, to put nearly the same number of jobs back in the system: 7.2 million, PwC estimates. To be clear those new jobs won’t involve building robots or coding AI-powered software, which will only make up around 5% of employment, sa
Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Business, Startups, Technology
Amazon has today announced an acquisition that underscores how it also hopes to have a more direct — and more commercial — role in the world of healthcare in the coming years. The company has purchased PillPack, an online pharmacy the lets users buy medications in pre-made doses. This news come only a week after after appointing a CEO for its healthcare joint venture with Berkshire Hathaway and JPMorgan. “PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” says Jeff Wilke, Amazon CEO of Worldwide Consumer, in a news release. “PillPack is meaningfully improving its customers’ lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We’re excited to see what we can do together o
Bloodless malaria test by young Ugandan inventor wins Africa’s top engineering prize

Bloodless malaria test by young Ugandan inventor wins Africa’s top engineering prize

Technology
The $33,000 Africa Prize for Engineering Innovation has been awarded to a 24-year old Ugandan engineer for his invention of a bloodless malaria test. Before now, small blood samples taken from suspected patients in hospitals or pharmacies were used to test for malaria but with Matibabu, the device developed by Brian Gitta and his team, there is no need for pricking. When a person is infected, the malaria parasite takes over a vacuole of the red blood cells and significantly remodels it. For Matibabu to work, it is clipped onto a person’s finger and using light and magnetism, a red beam of light scans the finger for changes in colour, shape and concentration of the red blood cells. A result is produced within a minute and sent to a mobile phone linked to the device. Matibabu (Swah
The problem with simply growing more tech hubs in Africa

The problem with simply growing more tech hubs in Africa

Technology
More than 130 new hubs have opened in Africa over the last two years, and there are still not enough. Many hubs get financial and technical support from foundations as well as tech and telco corporates among others. More recently, Facebook and Google have both rolled out significant new Lagos centers, with NG_Hub and Launchpad respectively. There are promises of more to come elsewhere. The “tech hub” label includes a wide range of very different types of operations. Many, perhaps most, are community centers in the most important way possible. There’s immense value, for aspiring entrepreneurs to be around like-minded innovators and technology dreamers if you’re in an African city where trying to be the next Mark Zuckerberg isn’t the most obvious ambition. Then there are those l
Amazon CloudFront expands into Africa

Amazon CloudFront expands into Africa

Technology
Since launching Amazon CloudFront in November 2008, they’ve been continuously expanding their infrastructure footprint around the world to improve availability and performance for content delivery. Today, they are excited to announce the launch of two new Edge locations: one in Johannesburg, South Africa, and one in Bangalore, India. The Edge location in Johannesburg is Amazon CloudFront’s first PoP on the African continent. The addition of these two locations brings CloudFront’s global network to 119 Points of Presence in 58 cities, across 26 countries. AWS infrastructure comes to South Africa AWS first established its presence in South Africa with a Development Center in Cape Town in 2004. Since then, AWS has expanded its presence in South Africa by launching Direct Connect in