How to compete with robots?

When it comes to the future of intelligent robots, the first question people ask is often: how many jobs will they make disappear? Whatever the answer, the second question is likely to be: how can I make sure that my job is not among them? A team of EPFL roboticists and economists from the University of Lausanne just published a study in Science Robotics that answers both questions. They developed a method to calculate which of the already existing jobs are more likely to be performed by machines in the…

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New way to ride the tech boom

Naples Global LLC, a hedge fund based in the United States, has partnered with LegalPay, an Indian third-party lawsuit funding startup, to create a fund to assist local entrepreneurs involved in disputes with their investors, including private equity firms. They’ve agreed to form a special purpose vehicle (SPV) to assist cash-strapped founders in resolving issues with their investors through litigation, arbitration, and other means. “Since most founders are first-generation entrepreneurs, they lack the financial muscle to assert their legal rights,” said LegalPay CEO Kundan Shahi. “The idea behind this product is…

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