Author: EfficiencyAI

AI is Transforming Banking Operations

Prominent financial institutions such as BNY Mellon and JPMorgan Chase are leveraging artificial intelligence to handle various banking tasks, illustrating how AI technologies are increasingly mirroring human workflows and revolutionising the sector. As AI takes on more complex functions, it is reshaping how these organisations operate and serve their clients. The integration of AI in […]

AI Policies and Governance Lags Behind Adoption in European Workplaces

The adoption of artificial intelligence (AI) is on the rise in European businesses, yet a significant number lack formal AI policies. Nearly one-third of these businesses have no comprehensive guidelines governing the use of this transformative technology. This absence of formal policies makes them vulnerable to risks, including deepfakes and other misuse, despite the increasing […]

AI Sparks Concern Among Tech Workers Amidst Rapid Job Automation

Recent reports highlight growing anxiety among tech workers who find themselves increasingly replaced by artificial intelligence. Several anonymous testimonials suggest that AI is rapidly replacing various roles, sparking widespread concern about job security. Notably, the CEO of AI firm Anthropic has cautioned about significant job losses as AI adoption accelerates. This shift towards AI-driven automation […]

AI Faces Real-World Business Challenges in Anthropic’s Experiment

Anthropic recently ran a bold and revealing experiment by tasking its Claude AI nicknamed ‘Claudius’ with autonomously managing a small online business. The system was responsible for a full spectrum of operational tasks, including inventory control, price setting, and customer engagement. While Claudius did not manage to turn a profit, the exercise was never purely […]

Understanding The Differences Between Agentic AI and Generative AI

The debate surrounding AI’s future often centres on two key types: agentic AI and generative AI. Agentic AI refers to systems that can autonomously achieve complex objectives, potentially leading to significant advancements in automation. By contrast, generative AI focuses on creating content, from art to text, showing impressive capabilities in creativity and production. Agentic AI […]

Harnessing AI to Empower Individuals with Dyslexia

Dyslexia affects a significant portion of the global population, making reading, writing, and spelling a challenge. Traditional educational tools often fall short in providing the necessary support. Enter AI technology, which is revolutionising how people with dyslexia overcome these hurdles. By reframing AI from merely an aid to an empowering tool, it opens new pathways […]

Fizyr and Yaskawa Partner with Bonetto Automation for Advanced Industrial Robotics

Fizyr, known for its cutting-edge vision AI, and Yaskawa Europe, a significant player in robotics and automation, have teamed up with Bonetto Automation to bring advanced turnkey production automation solutions to the market. This collaboration is set to transform processes such as item picking, parcel induction, depalletizing, and trailer unloading, powered by Fizyr’s PANOPTICTM vision […]

ep Group and Pixii Launch New Energy Optimisation Venture in the UK

ep Group and Pixii have joined forces to create a new venture called ep Pixii, aimed at transforming energy systems in the UK. This collaboration focuses on distributed, decarbonised, and digitised energy solutions that cater to commercial, residential, and industrial sectors. Harnessing the power of advanced batteries, solar energy, and EV infrastructure, ep Pixii will […]

AI’s Impact on Job Applications – Job Seeker Challenges

The job application process, once a structured and predictable journey, has been significantly altered by artificial intelligence. Large language models, a subset of AI, are at the forefront of this transformation. These models have automated various aspects of recruitment, from crafting job descriptions to screening resumes and conducting initial interviews. As a result, job seekers […]

How Generative AI Is Transforming Search Engines and Digital Marketing Strategies

Generative AI has rapidly transitioned from the periphery of tech innovation to a central force in redefining how users interact with information. The traditional model of search, heavily reliant on keyword matching and static indexing, is being overtaken by intelligent systems capable of generating, as well as locating, information. Tools such as ChatGPT, Google’s Gemini, […]