Why are Digital Giants Building Offices

Why are Digital Giants Building Offices

There are enough people who earn a living without stepping into an office. A wartime correspondent can get a Pulitzer without being in office for months. A job that can be done with no interdependencies can be done from anywhere. The gig economy is proof of that.
However, deeper bonds are formed between people who cross each other several times a day. In the late 1940s, psychologists Leon Festinger and Stanley Schachter, and sociologist Kurt Back found that physical space was the key to friendship formation.
In a hyperconnected world, the notion of friendship is acquiring new shades. Online friendships are being formed on social media over shared interests. Whether these friends could work together on a day-to-day basis on tasks remains to be studied.

Your Face Is Your Calling Card

Your Face Is Your Calling Card

Smile your way to the bank The value of a smile has changed over the years. In 1958, researchers analysed yearbook photos to understand what a genuine smile looked like. The subjects were all of 22 when these photos were taken. Five years later, they found that the more these women were smiling in their yearbook photos, the more likely they were to be married. Another study found that the […]

Will AI Create Jobs for India

Will AI Create Jobs for India

India needs to add a million jobs a month every year to feed the youth who are entering the workforce. Every AI agent will need to be trained through millions of iterations. As more AI applications emerge, the need for training AI will grow exponentially. Labor arbitrage will make India an attractive destination for jobs that involve training AI. A study has found six areas where the use of robots will create new jobs: automobiles, electronics, renewable energy, skilled systems, robotics and food and beverage. Jobs like robot psychologist, personal online shopper, robot ethicist did not exist before. This may even be the next outsourcing wave for India. But the jobs we get will have their consequences…

What they do not tell you about class toppers

What they do not tell you about class toppers

If you were the top student of your class, does it mean that you will land up being the CEO? To answer this question, Karen Arnold, a researcher at Boston College, followed 81 high school toppers and those who were top of the class after they finished academics to track their progress. Are they doing well? Are they successful? Find out for yourself.

Trends: The Future of Work, Workers & Workplaces

Trends: The Future of Work, Workers & Workplaces

Technology has blurred the line between what is possible online and in the physical workspace. It is making online work similar to local work, with added speed, cost, and quality advantages. It is possible to be location-agnostic. Work can be sliced and diced like a pizza and shipped to the expert. You may be competing with five year olds who are millionaires. There are new kinds of jobs coming up which no one can learn in a school or college.

Algorithms: Are we giving up our right to choose

Algorithms: Are we giving up our right to choose

What would happen if a tobacco company or alcohol maker or drug dealer were to buy the app to encourage addiction? The fear is not far-fetched. E-commerce companies are using algorithmic nudges to encourages shoppers to buy more than what they need or can afford. The UK government is using behavioural scientists to get people to pay their taxes in time. What is to stop a totalitarian government from using algorithms for something sinister?