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AI goes job-hunting

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Artificial intelligence has evolved to the extent that companies will be using bits of it to streamline job functions, representing an opportunity for employees in the digital world, writes FRANK RIZZO, Technology sector leader at KPMG, South Africa.

Artificial Intelligence (AI) can no longer be considered the stuff of science fiction. In fact, it has evolved to such an extent that many companies will soon be using elements of it to streamline job functions – and this represents a significant opportunity for employees in the digital world.

AI brings with it substantial potential for the business to take previously laborious tasks and automate them. And while automation is nothing new, the fact that we are entering a phase where AI targets highly skilled knowledge workers is not something that business have had to address before. So, should South African employees be concerned that they will lose their jobs to AI and automation? There is no denying the fact that there will be an impact, but it is not in the way many think.

Knowledge workers are under increasing pressure to do more given the influx of data inside the organisation. Taking both structured and unstructured forms, employees must continuously learn to innovate and use the data at their disposal to deliver value for the business. All of this is happening in an environment where time is still taken up by numerous day-to-day tasks.

For example, responding to customer queries, performing administrative functions, conducting research, managing aspects of financial and legal services, and so on require people to rely on their intelligence and situational analysis to make decisions and take action.

However, advances in AI and automation means that methodologies will likely come to the fore, where technology can be used to take care of many of these standard activities. The benefit this provides both the organisation and the knowledge worker is that time can now be used more effectively to perform more mission-critical functions.

In many respects, AI is still in its early days, especially when it comes to a mass roll-out across businesses, irrespective of industries. Even though the potential exists, developers and organisations still need to find the most efficient ways of introducing these components into existing processes. In South Africa, where there is a significant rate of unemployment, some might feel threatened by this potential.

And yet, this does not have to be the case.

By using AI to automate certain job functions, the organisation can focus on empowering the employee with additional skills and knowledge required to benefit from the digital economy. By reducing the number of menial tasks, the organisation will be able to create new job functions (for example data scientist) that are designed to harness the potential of a connected society.

Of course, this will not happen overnight. As with any revolution, the fourth industrial revolution currently being experienced will incrementally change the way we work and live.

Industry 4.0 is predominantly focused on automation and data exchanges in manufacturing technologies. Today, focus will be given to reinvention and using technologies in new and different ways to be more efficient and cost-conscious. In reality, we can do very little to stop how technology evolves and how AI will become even more intelligent and intuitive. However, it is not going to be a case of ‘us versus them’. Instead, companies the world over will find ways in which employees will work in collaboration with AI and automation to capitalise on all available resources.

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Now download a bank account

Absa has introduced an end-to-end account opening for new customers, through the Absa Banking App, which can be downloaded from the Android and Apple app stores. This follows the launch of the world first ChatBanking on WhatsApp service.

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This “download your account” feature enables new customers to Absa, to open a Cheque account, order their card and start transacting on the Absa Banking App, all within minutes, from anywhere and at any time, by downloading it from the App stores.

“Overall, this new capability is not only expected to enhance the customer’s digital experience, but we expect to leverage this in our branches, bringing digital experiences to the branch environment and making it easier for our customers to join and bank with us regardless of where they may be,” says Aupa Monyatsi, Managing Executive for Virtual Channels at Absa Retail & Business Banking.

“With this innovation comes the need to ensure that the security of our customers is at the heart of our digital experience, this is why the digital onboarding experience for this feature includes a high-quality facial matching check with the Department of Home Affairs to verify the customer’s identity, ensuring that we have the most up to date information of our clients. Security is supremely important for us.”

The new version of the Absa Banking App is now available in the Apple and Android App stores, and anyone with a South African ID can become an Absa customer, by following these simple steps:

  1. Download the Absa App
  2. Choose the account you would like to open
  3. Tell us who you are
  4. To keep you safe, we will verify your cell phone number
  5. Take a selfie, and we will do facial matching with the Department of Home Affairs to confirm you are who you say you are
  6. Tell us where you live
  7. Let us know what you do for a living and your income
  8. Click Apply.

 

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How we use phones to avoid human contact

A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.

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Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances. 

Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?

The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.

In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.

Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.

Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”

To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:

·         I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?

With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.

·         Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?

Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.

·         I’ve lost my phone! How will I keep myself entertained now?

Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.

 

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