Industry 4.0 to facilitate four-hour working days by 2050
Yell has released a new report revealing its outlook on what businesses will look like by 2050 as a result of emerging technologies such as artificial intelligence (AI), augmented reality (AR) and the internet of things (IoT).
Partnering with James Wallman, a renowned futurist and journalist, Yell found a number of key trends that it expects to come to fruition with the growth of industry 4.0.
With greater emphasis being placed on AI by innovators, Yell predicts that businesses will soon be collaborating heavily with robots – something that should be embraced.
“Instead of worrying about robots, we should be excited about ‘cobots’ — robots that are colleagues, designed to work collaboratively alongside humans,” Yell said.
“Machines will conduct more of the repetitive, routine tasks — from chopping and fetching to searching through libraries of information and making complex calculation. As a result, ‘cobots’ will make us more productive, and happier at work.
In line with this, Yell also predicts that increasing automation in business operations will ultimately lead to shorter work days. The report cites research that suggests that four-hour work days are more optimal compared to eight-hour days – something that Yell thinks will be facilitated by the rise of AI and automation.
With just two of seven trends having been mentioned, you can get further insight by reading the full report here.
Searching for the Top 100 Leaders in Technology
The search is on for the Top 100 Leaders in Technology 2021 – nominated by readers of Technology magazine and open to all.
The initiative has been launched and nominations are now open, with the final, prestigious Top 100 due to be announced during Technology and AI LIVE running 14-16 September, beamed from London to the world.
This latest, definitive list of the leading executives and influencers in the industry will be announced at the event and shared across social media channels, this website, and presented in a special supplement that honours all of those named in our annual list.
The Top 100 Leaders follows on from the well-received Top 100 Women in Technology that BizClik Media Group (BMG) – publishers of Technology magazine, AI magazine and a growing portfolio of industry-leading titles – produced in March this year to coincide with International Women’s Day.
“The Top 100 Women recognised the incredible and influential women driving our industry,” says Scott Birch, editorial director, BMG. “The success of that initiative encouraged us to recognise the Top 100 Leaders – individuals championing everything that we love about technology and embracing best practice that’s good for business.”
Nominations are already coming in, with some notable highlights including:
Rhonda Vetere - Herbalife
Bryan Smith - Expedient
Nominate your Top 100 Leader HERE
The deadline for nominations closes on Sunday 1 August 2021, and it is free to nominate. The Top 100 Leaders will be announced across our platforms and at the LIVE event.