How Robots will take over Jobs in coming Years?

We have already started talking about robots and have been floated many pilot projects where robots are acting as assistants to help customers in trivial matters. Industry experts have already mulled loss of jobs in BPO sector because of introduction to chatbots. We have just scratched the tip of AI and as we make strides in technology and make advancements, it is likely the far-fetched prophecy comes true. This is how Robots are likely to affect our society in next 10-15 years.

Today, Robots are doing human work in a wide range of places. Best of all, they are doing the jobs that are unhealthy or impractical for people. This frees up workers to do the more skilled jobs, including programming, maintenance and operation of robots. Robots that work on cars and trucks are welding and assembling parts or lifting overwhelming parts – the type of jobs that include risks like injury or they work in situations loaded with hazards like excessive heat, noise or fumes-perilous places for people.

Rather than mindlessly doing chores for you, robots will perceive outward appearances, non-verbal communication and verbal cues to give a more human-like interaction. These robots will read these clues and hold individual, life-like conversations.

High quality products can prompt to higher sales, which implies the organization that uses technology like robots will probably remain alive and virtual, which is good for the economy. Notwithstanding enhancing quality, robots enhance profitability, another key element to economic wellbeing. The AI today is in no way like the gloomy, glowing cyborg we once imagined – it’s more unusual, all more fascinating and more astounding. It’s superior to anything we imagined. 

Free Wifi? Not really free

You’ve heard that you shouldn’t open your bank account and potentially ever your email while using public Wifi. Be that as it may, what are the actual risks? All things considered, your home Wifi is encrypted, the Wi-Fi at the coffee shop isn’t. This implies you’re at risk of people monitoring your online activity, or more awful – unless you know how to protect yourself. Here are a couple of attacks.

Man-in-the-middle attacks are the place attackers are putting together their own particular network and standing between your computer and the computer you’re trying to access and all the information is routed through their device. Malware is significantly more risky, in light of the fact that it potentially gives a hacker access to everything on your device. They can take your files or photos, and even turn on cameras or microphones to eavesdrop.

Most perilously, the hotspot you connect to – might be malicious. This might be on the grounds that the businesses hotspot was infected, however it might likewise be on account that you’re connected to a honeypot network. For instance, if you connect to “Public Wi-Fi” in a public place, you can’t be entirely certain that the network is actually a true public Wi-Fi network and not one set up by an assailant in an attempt to trick people into connecting.

If you use public Wi-Fi connections consistently, you might want to invest in a VPN. As a bonus, a VPN will allow you to bypass any filtering and site blocking in place on the public Wi-Fi network, allowing you to browse whatever you want.

Five Corporate Deals of 2016

Mergers and Acquisitions promote growth and diversification in new markets. This growth is earned by acquiring a share of an existing player and venturing into a market which is new for the buyer. The year 2016 saw several M&A deals in different sectors, signaling India Inc. moves to stay afloat in a yet to revive market.

Myntra – Jabong

Myntra, an online fashion app which was acquired by Flipkart in 2014, acquired Jabong for a whopping $70 Million. The all-cash deal was only sealed after Global Fashion Group decided that Jabong had to tie up with a local player to succeed. Jabong has managed to minimize losses after reducing discounts.

HDFC Life – Max Life Merger

Under the three-step merger process. Max Life will first combine with its parent Max Financial Services Ltd. In the next stage, the insurance unit will be demerged from this entity into HDFC Life. Finally, the non-insurance businesses of Max Financial will merge into group company Max India Ltd. The valuation of the merged life insurance entity will be around Rs 65,000 crore and will be called HDFC Life.

Reliance Communications – Aircel

In the biggest consolidation deal in the telecom sector, Reliance Communications Ltd has agreed to merge its mobile phone services business with smaller rival Aircel to create Rs 65,000 crore entity. The RCom-Aircel combination will create a telecom operator ranked fourth by customer base and revenues. It will be No. 3 operator by revenues in 12 important circles. RCom will turn its wireless business into a special purpose vehicle in a slump sale, excluding the tower and overseas arms of the Ambani Company.

Quikr – CommonFloor

Quikr announced acquisition of the property search website for $200-million in an all-stock deal. The deal will give CommonFloor access to the online-classifieds firm's vast customer base. CommonFloor, which has built a robust technology platform for home hunters, was unable to raise fund or monetize its business model. The deal stitched by Tiger Global, main investor in both Quikr and CommonFloor, becomes the first major consolidation story in 2016. 

Blackstone – Mphasis

World's largest alternate asset manager, Blackstone Group acquires controlling 60.5 per cent stake in IT services firm Mphasis from Hewlett-Packard Enterprise. With $1-billion Mphasis buy, Blackstone makes its boldest bet in India. The all-cash deal reinforces the bulge-bracket investment firm's bullish outlook on the outsourcing business as more and more global client’s ship out IT jobs to emerging markets such as India and save costs. Following the acquisition, Mphasis will potentially get access to Blackstone entire PE portfolio of over 80 companies across the world for future outsourcing and technology contracts.