Is the economy going into deep trouble?

1. What is the biggest challenge for the economy right now? The key challenge is to manage multiple pressures simultaneously: curbing inflation, creating jobs, restoring investor confidence, reforming the banking sector and reducing risks in the energy sector. 2. Why is inflation being given maximum attention? Inflation currently stands at 8.71 percent, while wage growth […]

AI could replace 80% of jobs in ‘next few years’: experts

Artificial intelligence could replace 80 percent of human jobs in the coming years – but that’s a good thing, says US-Brazil researcher Ben Goertzel, a leading AI guru. Mathematician, cognitive scientist and renowned robot-maker Goertzel, 56, is the founder and chief executive of SingularityNet, a research group he launched to create “Artificial General Intelligence” or […]