Category : Corporations/Corporate Life

(Forbes) 93% Of Managers Watch As Mental Health Negatively Impacts Bottom Line

Gone are the days when workers asked themselves, “How could someone like me be having a nervous breakdown?” Today, one in 5 people will experience a mental health issue in their lifetime and now more likely due to the pandemic.

Mental health concerns, often called invisible disabilities, aren’t flying under the radar at work anymore. They are being identified by team managers and the C-suite, who are quickly realizing that there is no going back to normal.

If your CEO wasn’t paying attention before, this should keep them up at night: According to a Verizon Media white paper. A stunning 93% of managers are finding that the mental health of their employees is having a negative effect on their bottom line. Top issues included grief, burnout, discrimination, and stress and all of this comes coupled with the added strain that families and caregivers are feeling. When employees miss work, are less productive and even communicate less clearly than than usual, their teams’ performance also slips.

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Posted in Anthropology, Corporations/Corporate Life, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market, Psychology, Theology

(C of E) Church Commissioners hold companies to account on environmental and social issues in supply chains

The Church Commissioners has, over the last year, expanded its responsible investment activities from being largely focused on climate change to include engaging with companies in a wide range of sectors across a number of integrated issues include biodiversity, human rights and controversies.

Olga Hancock, Senior Engagement Analyst for the Church Commissioners spoke to Responsible Investor as part of a panel of experts focussing on due diligence and supply chains. In the discussions, Olga spoke on the work of the Investor Policy Dialogue on Deforestation, for which she Co-Chairs the Indonesia workstream, the work of the National Investing Bodies of the Church of England on Extractives, and the work of the CCLA led “ Find It Fix It Prevent It” Modern Slavery Initiative.

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Posted in Church of England (CoE), Corporations/Corporate Life, Ecology, Economy, Energy, Natural Resources, Ethics / Moral Theology, Stock Market

C of E Church Commissioners report strong long-term investment performance

Continued strong long-term investment performance enabled the Church Commissioners to extend financial support to the Church of England during the pandemic

Church Commissioners also give confidence about maintaining distributions through this triennium and the next

Determined action on climate change continues whilst the Church Commissioners deepen its focus as Responsible Investors on twin pillars: Respect for People, Respect for the Planet

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Posted in Church of England (CoE), Corporations/Corporate Life, England / UK, Ethics / Moral Theology, Religion & Culture, Stewardship, Stock Market

The Church of England Pensions Board’s response to Shell CEO’s statement

“We continue to engage with Shell on the implications and how accelerating its plans will enable the company to meet the requirements of the CA100+ Net Zero Company Benchmark by 2023. It also underlines the importance that we must all work to decarbonise the real economy to reshape energy demand and ensure all companies – energy companies and all their customers in shipping, aviation, transport, road haulage, power generation and elsewhere are aligning to net zero.”

Read it all.

Posted in Church of England (CoE), Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Religion & Culture, Stewardship, Stock Market

(CBS) 60 Minutes Interviews Sir David Attenborough, age 95

Anderson Cooper: You were skeptical of– of climate change And I think that’s– that’s interesting, because I think it makes your warnings now all the more powerful.

Sir David Attenborough: Yeah, yeah, certainly so. And if you’re going to make a statement about the world, you better make sure that it isn’t just your own personal reaction. And the only way you can do it, do that, is to see the– the work of scientists around the world who are taking observation as to what’s happening. As to what’s happening to temperature, what’s happening to humidity, what’s happening to radioactivity, and what’s happening ecologically?

Anderson Cooper: You’ve said that– that “climate change is the greatest threat facing the planet for thousands of years.”

Sir David Attenborough: Yes. Even the biggest and most awful things that humanity has done, civili– so-called civilizations have done, pale to significance when you think of what could be around the corner, unless we pull ourselves together.

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Posted in Animals, Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Science & Technology, Stewardship

(NS) Google has mapped a piece of human brain in the most detail ever

Google has helped create the most detailed map yet of the connections within the human brain. It reveals a staggering amount of detail, including patterns of connections between neurons, as well as what may be a new kind of neuron.

The brain map, which is freely available online, includes 50,000 cells, all rendered in three dimensions. They are joined together by hundreds of millions of spidery tendrils, forming 130 million connections called synapses. The data set measures 1.4 petabytes, roughly 700 times the storage capacity of an average modern computer.

The data set is so large that the researchers haven’t studied it in detail, says Viren Jain at Google Research in Mountain View, California. He compares it to the human genome, which is still being explored 20 years after the first drafts were published.

It is the first time we have seen the real structure of such a large piece of the human brain, says Catherine Dulac at Harvard University, who wasn’t involved in the work. “There’s something just a little emotional about it.”

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Posted in Anthropology, Corporations/Corporate Life, Science & Technology

(NYT The Upshot) Workers Are Gaining Leverage Over Employers Right Before Our Eyes

It also means companies thinking more expansively about who is qualified for a job in the first place. That is evident, for example, in the way Alex Lorick, a former South Florida nightclub bouncer, was able to become a mainframe technician at I.B.M.

Mr. Lorick often worked a shift called “devil’s nine to five” — 9 p.m. to 5 a.m. — made all the more brutal when it was interspersed with day shifts. The hours were tough, but the pay was better than in his previous jobs, one at a retirement home and another serving food at a dog track. Yet it was a far cry from the type of work he had dreamed about in high school, when he liked computers and imagined making video games for a living.

As a young adult, he took online classes in web development and programming languages, but encountered a Catch-22 many job seekers know well: Nobody wanted to hire a tech worker without experience, which meant he couldn’t get enough experience to be hired. College wasn’t for him. Hence the devil’s nine to five.

Until late last year, that is. After months on unemployment during the pandemic, he heard from I.B.M., where he had once applied and been rejected for a tech job. It invited him to apply to an apprenticeship program that would pay him to be trained as a mainframe technician. Now 24, he completed his training this month and is beginning hands-on work in what he hopes is the start of a long career.

“This is a way more stable paycheck, and more consistent hours,” Mr. Lorick said. “But the most important thing is that I feel like I’m on a path that makes sense and where I have the opportunity to grow.”

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Posted in America/U.S.A., Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market

(Forbes) What Will The New World Of Work Actually Look Like?

The most helpful resource I found in understanding the future of the workplace is a whitepaper produced by the folks at Haworth. Haworth is a privately held furniture company focused on building work environments that help people be their best, whether they’re at the office, at home or at their “third place.”

In their whitepaper, Haworth describes the new world of work as “Work from Anywhere.” They point out that employees are often in the driver’s seat and “they’re naturally drawn to places that make them feel comfortable and productive.” The most salient argument from this whitepaper is that there is no one single answer—no one-size-fits-all approach for companies in the post-pandemic workplace.

According to Marta Wassenaar, “Work from Anywhere is the ecosystem that gives organizations and employees choice in when and where work occurs. This autonomy supports creativity and drives innovation. The flexibility serves as a tool for attraction and retention. The work from anywhere ecosystem certainly has an impact on organization culture and workforce wellbeing, too.”

Employees will split their time among these three work locations. When at the office, people will be working with each other—think collaboration and access to equipment and resources that are not available at home. Meeting centers, video studios, and other places for collaboration, play, broadcasting and engaging will replace walled-in offices and individual workstations. Wassenaar from Haworth adds, “Although collaboration can happen virtually, working together on the same task is better done in person. Virtual teams need to put in more effort, time and intentionality toward developing and maintaining social connections.”

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Posted in * Economics, Politics, Anthropology, Blogging & the Internet, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology

(Gallup) Seven in 10 U.S. White-Collar Workers Still Working Remotely

Before the Centers for Disease Control and Prevention (CDC) announcement last week that fully vaccinated people can forgo masks in most settings, the majority of U.S. workers reported doing their jobs remotely during the pandemic, including 51% in April. But this varied widely by job type, including 72% of white-collar workers and 14% of blue-collar workers. These rates have been fairly stable since last fall, after declining from their peaks in April 2020, when most schools and non-essential businesses were shuttered.

Gallup’s remote-worker trend is based on data collected each month via web as part of its COVID-19 tracking poll, a nationally representative survey of U.S. adults aged 18 and older, using the probability-based Gallup Panel. Workers are considered remote if they report working from home at least 10% of the time in the past week.

Given the relative stability of remote work over the second half of the pandemic to date — from October 2020 to April 2021 — it is appropriate to use the combined data to analyze aspects of remote work in greater detail. On average during this period, 52% of all workers, including 72% of those in white-collar occupations and 14% in blue-collar occupations, have performed their job all or part of the time from home.

Gallup’s white-collar job category comprises occupations traditionally performed in offices or behind a computer. The blue-collar category includes jobs mainly involving manual work or physical labor. Three job areas — education, healthcare and sales — primarily involve interaction with clients or the public and are harder to categorize using the blue-collar/white-collar definitions. Their orientation to remote work is unique and is discussed below in the context of other specific occupations.

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Posted in * Culture-Watch, America/U.S.A., Anthropology, Corporations/Corporate Life, Labor/Labor Unions/Labor Market, Science & Technology, Sociology

(MIT Technology Review) Is a New Kind of Search Engine on the Horizon?

In 1998 a couple of Stanford graduate students published a paper describing a new kind of search engine: “In this paper, we present Google, a prototype of a large-scale search engine which makes heavy use of the structure present in hypertext. Google is designed to crawl and index the Web efficiently and produce much more satisfying search results than existing systems.”

The key innovation was an algorithm called PageRank, which ranked search results by calculating how relevant they were to a user’s query on the basis of their links to other pages on the web. On the back of PageRank, Google became the gateway to the internet, and Sergey Brin and Larry Page built one of the biggest companies in the world.

Now a team of Google researchers has published a proposal for a radical redesign that throws out the ranking approach and replaces it with a single large AI language model—a future version of BERT or GPT-3. The idea is that instead of searching for information in a vast list of web pages, users would ask questions and have a language model trained on those pages answer them directly. The approach could change not only how search engines work, but how we interact with them.

Many issues with existing language models will need to be fixed first. For a start, these AIs can sometimes generate biased and toxic responses to queries—a problem that researchers at Google and elsewhere have pointed out.

Read it all.

Posted in Anthropology, Blogging & the Internet, Corporations/Corporate Life, Language, Science & Technology, Theology

(Economist) A ransomware attack on Apple shows the future of cybercrime

Apple is a prominent victim of the booming business of “ransomware” . In its original incarnation, at the start of the 2010s, this involved spreading malicious software to ordinary people’s computers. The software would encrypt pictures, documents and so forth, transforming them into unreadable gibberish. If the victims paid a ransom, the hackers would provide the decryption key necessary to restore the scrambled files—at least, in theory.

These days the practice is more professional. Hackers increasingly focus on big organisations rather than individuals, since firms are more likely to pay larger ransoms. Hospitals, universities and even police forces have been attacked. Besides Apple, REvil claims to have stolen data from Kajima Corporation, a big Japanese construction firm, the government of Fiji, Pierre Fabre, a French pharmaceutical company, and dozens of smaller businesses. And as big organisations usually store back-ups of valuable data, which makes scrambling attacks less damaging, hackers increasingly threaten their victims with leaks instead.

Working out the size of the problem is tricky. Coalition, a firm which provides insurance against cyber-attacks, says ransomware assaults made up 41% of claims in the first half of 2020. (“Funds transfer fraud”, the second-biggest category, accounted for 27%). According to Palo Alto Networks, a cyber-security company,the average ransom demand rose from $115,000 in 2019 to $312,000 in 2020.

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Posted in Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Law & Legal Issues, Science & Technology

(Guardian) How the Colonial Pipeline hack is part of a growing ransomware trend in the US

The wider American public was afforded an unwanted glimpse into the Wild West world of ransomware this week, after a cyber attack crippled Colonial Pipeline, causing fuel shortages across the eastern seaboard and states of emergency to be declared in four states.

But experts warn that ransomware attacks – which are part-ransom, part-blackmail, part-invocation of squatters’ rights – are becoming more frequent, while the mostly Russia-based hackers are growing more sophisticated with their methods.

They have hit solar power firms, federal and local government agencies, water treatment plants and even police departments across the US. As the nation’s eyes were focused on the pipeline attack this week, another hacker group was busy targeting Washington DC police – striking at law enforcement in the American capital.

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Posted in America/U.S.A., Corporations/Corporate Life, Economy, Ethics / Moral Theology, Law & Legal Issues, Science & Technology

(Washington Post) ‘It’s pretty marginal’: Experts say Biden’s vaccine waiver proposal unlikely to boost supply quickly

“There is no mRNA manufacturing capacity in the world — this is a new technology,” [Moderna CEO Stéphane] Bancel added. “You cannot go hire people who know how to make mRNA. Those people don’t exist. And then even if all those things were available, whoever wants to do mRNA vaccines will have to, you know, buy the machine, invent the manufacturing process, invent creation processes and ethical processes, and then they will have to go run a clinical trial, get the data, get the product approved and scale manufacturing. This doesn’t happen in six or 12 or 18 months.”

Several officials involved in the U.S. coronavirus response said they worried the decision would damage their relationship with the drug industry, noting the Biden administration is relying on it not just to boost vaccine supply but also to devise additional coronavirus treatments and vaccines, particularly given the risk of variants.

“We’re all counting on pharma to come up with vaccine booster shots, and what happens when we try to get to the front of the line?” said one official, speaking on the condition of anonymity because they were not authorized to publicly comment.

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Posted in * Economics, Politics, Corporations/Corporate Life, Drugs/Drug Addiction, Ethics / Moral Theology, Foreign Relations, Globalization, Health & Medicine, Law & Legal Issues, Politics in General, Science & Technology

(Bloomberg Green) Up to 20 Percent of Groundwater Wells Are in Danger of Running Dry

As many as one in five wells worldwide is at risk of running dry if groundwater levels drop by even a few meters, according to a new study appearing Thursday in the journal Science.

Wells supply water for half the world’s irrigated agriculture, as well as drinking water to billions of people. But the aquifers that wells draw from have been imperiled in recent years as intense demand and lack of government management have allowed them to be drained. The scale of the threat has been difficult to calibrate, however, especially at a global level.

Researchers at the University of California, Santa Barbara produced their analysis by compiling construction records for almost 39 million groundwater wells in 40 countries, including their locations, depths, purposes, and construction dates. They found that between 6% and 20% are no more than 5 meters deeper than their local water tables, “suggesting that millions of wells are at risk of drying up if groundwater levels decline by only a few meters,” the authors wrote.

One solution when wells run dry is to dig deeper, but that often leads to poor water quality, according to the researchers. Well construction is also expensive, meaning that digging deeper isn’t always an option.

Global warming and sea level rise due to climate change are also contributing to the problem.

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Posted in Consumer/consumer spending, Corporations/Corporate Life, Ecology, Economy, Energy, Natural Resources, Ethics / Moral Theology, Science & Technology

(RNS) Likes and prayers: Facebook tests new ‘prayer post’ feature

When the unfamiliar pop-up touting a new feature appeared on Robert P. Jones’ Facebook, the CEO and founder the CEO and founder of PRRI (Public Religion Research Institute) posted a screen grab to Twitter.

“Wondering what fb algorithm thinks it knows about me?” Jones mused.

The new Facebook feature? Prayer posts. The function will allow members of Facebook groups to ask for and respond to prayer requests.

A Facebook spokesperson confirmed to Religion News Service that the social media platform is currently testing the prayer post feature.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Religion & Culture, Science & Technology, Spirituality/Prayer

(PD) The Censorship of Lawrence Ferlinghetti and the Unbooking of Ryan T. Anderson

Unperson: “A public figure, especially in a totalitarian country, who, for political or ideological reasons, is not recognized or mentioned in government publications or records or in the news media. A person accorded no recognition or consideration by another or by a specific group. . . . Introduced in George Orwell’s novel 1984 (1949)”—Dictionary.com

It seems somehow fitting that the great beat poet and artist Lawrence Ferlinghetti, departed this mortal realm (at the age of 101) on February 22, 2021, the day after Amazon.com digitally unbooked When Harry Became Sally. Authored by Ryan T. Anderson, president of the Ethics and Public Policy Center and founder of Public Discourse, When Harry Became Sally offers a critical assessment of the transgender movement.

Anderson is an honest and careful scholar, one who makes a real effort to understand his opponents’ arguments and answer them with charity and rigor. Anderson’s views are not in ascendancy among elites these days, as is evident by the vitriol hurled at him by activists as soon as When Harry Became Sally was published. These critics, I am afraid to say, are not at all interested in debate, discussion, or a careful sifting through the evidence and arguments. What they seek is absolute unquestioned conformity to their views, policed by roving cyberspace inquisitors whose mission is to extract confessions from their targets and to inculcate in them the habit of unforgiving social justice scrupulosity. This is not to say that Anderson does not have some serious academic critics who raise penetrating questions about the quality of his sources, the strength of his arguments, and the nature of his project. Here I am thinking of two critical reviews that appeared in the Journal of Medical Humanities and Studies in Christian Ethics.

But that’s all the more reason why Amazon’s removal of Anderson’s book from its catalog is so pernicious: it marginalizes from the public conversation an intelligent and informed voice that should be confronted and taken seriously by those who disagree with him. As my esteemed Baylor colleague, Alan Jacobs, points out:

The censors at Amazon clearly believe there is only one reason to read a book. You read a book because you agree with it and want it to confirm what you already believe. Imagine, for instance, a transgender activist who wants to understand the position held by Ryan Anderson and people like him in order better to refute it. That person can’t get a copy of the book through Amazon any more than a sympathetic reader like me can.

What does all this have to do with Ferlinghetti? More than you may think. Founder of the small press City Lights Books, he published in late 1956 Howl and Other Poems, authored by the beat poet Allen Ginsberg. Soon after the book was published, Ferlinghetti was arrested on obscenity charges. The reason? The book’s poems included lines that contained graphic descriptions of sex acts, and thus, the government reasoned, it was legally obscene.

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Posted in Anthropology, Books, Corporations/Corporate Life, Ethics / Moral Theology, History

(Wired) The Secret Auction That Set Off the Race for AI Supremacy

Two months earlier, Hinton and his students had changed the way machines saw the world. They built what was called a neural network, a mathematical system modeled on the web of neurons in the brain, and it could identify common objects—like flowers, dogs, and cars—with an accuracy that had previously seemed impossible. As Hinton and his students showed, a neural network could learn this very human skill by analyzing vast amounts of data. He called this “deep learning,” and its potential was enormous. It promised to transform not just computer vision but everything from talking digital assistants to driverless cars to drug discovery.

The idea of a neural network dated back to the 1950s, but the early pioneers had never gotten it working as well as they’d hoped. By the new millennium, most researchers had given up on the idea, convinced it was a technological dead end and bewildered by the 50-​year-​old conceit that these mathematical systems somehow mimicked the human brain. When submitting research papers to academic journals, those who still explored the technology would often disguise it as something else, replacing the words “neural network” with language less likely to offend their fellow scientists.

Hinton remained one of the few who believed it would one day fulfill its promise, delivering machines that could not only recognize objects but identify spoken words, understand natural language, carry on a conversation, and maybe even solve problems humans couldn’t solve on their own, providing new and more incisive ways of exploring the mysteries of biology, medicine, geology, and other sciences. It was an eccentric stance even inside his own university, which spent years denying his standing request to hire another professor who could work alongside him in this long and winding struggle to build machines that learned on their own. “One crazy person working on this was enough,” he imagined their thinking went. But with a nine-​page paper that Hinton and his students unveiled in the fall of 2012, detailing their breakthrough, they announced to the world that neural networks were indeed as powerful as Hinton had long claimed they would be.

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Posted in Anthropology, Corporations/Corporate Life, Ethics / Moral Theology, History, Psychology, Science & Technology, Theology

(Bloomberg) CEOs Become Vaccine Activists as Back-to-Office Push Grows

Some chief executive officers are so eager for their employees to get vaccinated against Covid-19 that they’re granting workers time off or cash incentives to get shots.

In the U.S., retailer Lidl is giving its staff $200, while Aldi, Dollar General Corp. and Trader Joe’s Co. are offering extra hours of pay. Online grocery delivery firm Instacart Inc. is providing a $25 stipend for workers and contractors. Yogurt makers Chobani LLC and Danone SA are offering as much as six hours of paid leave, and the French company says it will cover the cost of inoculation in countries where vaccines aren’t free.

Other companies are taking a harder line. U.K. handyman empire Pimlico Plumbers Ltd. has said it plans a “no jab, no job” policy for new members of its workforce. United Airlines wants to make shots mandatory, drawing concerns from unions.

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Posted in Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market, Pastoral Theology, Theology

(AP) Facial recognition company sued by California activists

Civil liberties activists are suing a company that provides facial recognition services to law enforcement agencies and private companies around the world, contending that Clearview AI illegally stockpiled data on 3 billion people without their knowledge or permission.

The lawsuit, filed Tuesday in Alameda County Superior Court in the San Francisco Bay Area, contends that the New York-based firm violates California’s constitution and seeks an injunction to bar it from collecting biometric information in California and requiring it to delete data on Californians.

The lawsuit says the company has built “the most dangerous” facial recognition database in the nation, has fielded requests from more than 2,000 law enforcement agencies and private companies, and has amassed a database nearly seven times larger than the FBI’s.

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Posted in Corporations/Corporate Life, Ethics / Moral Theology, Law & Legal Issues, Science & Technology

Church of England Pensions Board commits to the global ‘Net Zero Investment Framework’

21 asset owners, with $1.2 trillion in assets, have used publication of the Framework to commit to achieve net zero alignment by 2050 or sooner. The funds, including the Church of England Pensions Board, are drawing on the Framework to deliver these commitments, alongside a number of asset managers who are already working with clients on net zero alignment.

The Framework enables investors to decarbonise investment portfolios and increase investment in climate solutions, in a way that is consistent with and contributes to a 1.5°C net zero emissions future. Investors do this by developing a ‘net zero investment strategy’ built around five core components of the Framework. These key components are: objectives and targets, strategic asset allocation and asset class alignment, alongside policy advocacy and, investor engagement activity and governance.

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Posted in Church of England (CoE), Climate Change, Weather, Corporations/Corporate Life, Ecology, Ethics / Moral Theology, Stewardship, Stock Market

(Mail+Guardian) Stop oil and gas drilling in Namibia’s Kavango Basin immediately — Anglican Church

Thirty-four Anglican bishops and three archbishops from around the world have signed a petition that “respectfully” calls on Namibia’s and Botswana’s governments to halt exploratory drilling in the Kavango Basin in northern Namibia immediately.

In their petition, the faith leaders decry the “imminent desecration” of the Kavango Basin in Northern Namibia and Botswana by Canadian oil and gas company, ReconAfrica.

The signatories include the Archbishop of Cape Town, Reverend Dr Thabo Cecil Makgoba; Archbishop Julio Murray, the chair of the Anglican communion environmental network; Archbishop Mark Macdonald from the Anglican Church of Canada; and Bishop Kito Pikaahu, chair of Anglican indigenous network; and the Bishop of Salisbury, the Right Reverend Nicholas Roderick Holtam.

“ReconAfrica claims that drilling the Kavango basin is ‘pretty much a no-brainer’,” the petition reads. “We call it a sin. To destroy life and God’s creation is simply wicked.”

Read it all.

Posted in Canada, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Namibia

(NYT) The Robots Are Coming for Phil in Accounting

The robots are coming. Not to kill you with lasers, or beat you in chess, or even to ferry you around town in a driverless Uber.

These robots are here to merge purchase orders into columns J and K of next quarter’s revenue forecast, and transfer customer data from the invoicing software to the Oracle database. They are unassuming software programs with names like “Auxiliobits — DataTable To Json String,” and they are becoming the star employees at many American companies.

Some of these tools are simple apps, downloaded from online stores and installed by corporate I.T. departments, that do the dull-but-critical tasks that someone named Phil in Accounting used to do: reconciling bank statements, approving expense reports, reviewing tax forms. Others are expensive, custom-built software packages, armed with more sophisticated types of artificial intelligence, that are capable of doing the kinds of cognitive work that once required teams of highly-paid humans.

White-collar workers, armed with college degrees and specialized training, once felt relatively safe from automation. But recent advances in A.I. and machine learning have created algorithms capable of outperforming doctors, lawyers and bankers at certain parts of their jobs. And as bots learn to do higher-value tasks, they are climbing the corporate ladder.

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Posted in Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology

(New Scientist) Facebook AI learned object recognition from 1 billion Instagram pics

Artificial intelligence built by Facebook has learned to classify images from 1 billion Instagram photos. The AI used a different learning technique to many other similar algorithms, relying less on input from humans. The team behind it says the AI learns in a more common sense way.

Conventionally, computer vision systems are trained to identify specific things, such as a cat or a dog. They achieve this by learning from a large collection of images that have been annotated to describe what is in them. After doing this enough, the AI can then identify the same things in new images, for example, spotting a dog in an image it has never seen before.

This process is effective, but must be done afresh with every new thing the AI needs to identify, otherwise performance can drop.

By contrast, the approach used by Facebook is a technique called self-supervised learning, in which the images don’t come with annotations. Instead, the AI first learns just to identify differences between images. Once it is able to do this, it sees a small number of annotated images to match the names with the characteristics it has already identified.

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Posted in Corporations/Corporate Life, Science & Technology

(Bloomberg Businessweek) Is the Four-Day Week Is Coming Soon?

When the world went into lockdown last year, the 1,000 employees at Berlin-based tech company Awin did what millions of others did: They flipped open their laptops and started working from the kitchen or dining room. At the same time, Awin started running flat-out as its business with online retailers soared, putting intense pressure on the staff.

So last spring the company told everyone to sign off around lunchtime every Friday to ease into the weekend. The experiment was so successful—sales, employee engagement, and client satisfaction all rose—that in January, Awin decided to go a step further, rolling out a four-day week for the entire company with no cuts in salaries or benefits. “We firmly believe that happy, engaged, and well-balanced employees produce much better work,” says Chief Executive Officer Adam Ross. They “find ways to work smarter, and they’re just as productive.”

Awin is in the vanguard of a trend that’s getting increased attention worldwide. Jobs website ZipRecruiter says the share of postings that mention a four-day week has tripled in the past three years, to 62 per 10,000. Consumer-goods giant Unilever Plc in December started a yearlong trial of the idea for its New Zealand staff. Spain’s government is considering a proposal to subsidize companies that offer a four-day week. And even in notoriously busy Japan, whose language includes the word karoshi—death from overwork—lawmakers are discussing a proposal to grant employees a day off every week to protect their well-being. “The four-day week is picking up momentum,” says Will Stronge, director of research at Autonomy, a U.K. think tank. “For the large majority of firms, reducing working hours is an entirely realistic goal.”

Read it all (subscription).

Posted in Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, History, Labor/Labor Unions/Labor Market

(WSJ) Pfizer Vaccine Is Highly Effective After One Dose and Can Be Stored in Normal Freezers, Data Shows

The Covid-19 vaccine developed by Pfizer Inc. and BioNTech SE generates robust immunity after one dose and can be stored in ordinary freezers instead of at ultracold temperatures, according to new research and data released by the companies.

The findings provide strong arguments in favor of delaying the second dose of the two-shot vaccine, as the U.K. has done. They could also have substantial implications on vaccine policy and distribution around the world, simplifying the logistics of distributing the vaccine.

A single shot of the vaccine is 85% effective in preventing symptomatic disease 15 to 28 days after being administered, according to a peer-reviewed study conducted by the Israeli government-owned Sheba Medical Center and published in the Lancet medical journal. Pfizer and BioNTech recommend that a second dose is administered 21 days after the first.

The finding is a vindication of the approach taken by the U.K. government to delay a second dose by up to 12 weeks so it could use limited supplies to deliver a single dose to more people, and could encourage others to follow suit. Almost one-third of the U.K.’s adult population has now received at least one vaccine shot. Other authorities in parts of Canada and Europe have prioritized an initial shot, hoping they will have enough doses for a booster when needed.

Read it all.

Posted in Corporations/Corporate Life, Drugs/Drug Addiction, Health & Medicine, Science & Technology

(NBC) Florida Restaurant Manager Saves Boy From Abuse, Police Say

“Flavaine Carvalho, sensing distress from an 11-year-old boy with his family, secretly flashed the boy a note asking him if he needed help. When the boy said yes, Carvalho called 911. The boy’s stepfather faces three charges of aggravated child abuse, and his mother faces two charges of child neglect.”

Posted in Children, Corporations/Corporate Life, Dieting/Food/Nutrition, Ethics / Moral Theology, Law & Legal Issues, Marriage & Family, Violence

(FT) Boom in private companies offering disinformation-for-hire

Politicians are increasingly hiring private companies to spread disinformation online, according to researchers who found campaigns run by third-party contractors targeting 48 different countries over the past year.

The Oxford Internet Institute said the “disinformation-for-hire” market is booming, with advertising, marketing and public relations companies offering to manipulate online opinion for political parties and governments.

The OII said private contractors help to identify which groups to target with messages, and then “prompt the trending of certain political messages” either through fake accounts or with armies of bots, or automated accounts.

Researchers said they had found evidence of at least $60m of spending on such campaigns since 2009, although the real total may be far higher.

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Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Economy, Politics in General, Science & Technology

(Bloomberg) Moderna Shot Cleared in U.S., Ready for Delivery Starting Sunday

Moderna Inc.’s Covid-19 vaccine was cleared by U.S. regulators, the second vaccine to gain emergency authorization this month as a historic mass immunization effort ramps up across the country.

The Food and Drug Administration’s decision to grant the authorization Friday for the shot’s use among adults means that two of the six vaccine candidates identified by Operation Warp Speed are now available to the public, a feat accomplished in less than one year. Shots from AstraZeneca Plc and Johnson & Johnson that have also received U.S

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Posted in Corporations/Corporate Life, Health & Medicine, Science & Technology

(Bloomberg) Russia-Linked SolarWinds Hack Ensnares Widening List of Victims

It was clear from the start that a cyber attack by suspected Russian hackers aimed at several U.S. government agencies was going to be bad. One clue: National Security Advisor Robert O’Brien cut short a trip overseas early this week to rush back to Washington to help manage the crisis.

But on Thursday, the reality of just how sprawling — and potentially damaging — the breach might be came into sharper focus. It started with a bulletin from the U.S. Cybersecurity and Infrastructure Security Agency, known as CISA, warning that the hackers were sophisticated, patient and well-resourced, representing a “grave risk” to federal, state and local governments as well as critical infrastructure and the private sector. It didn’t take long to see how accurate the agency’s assessment was.

Bloomberg News reported that at least three state governments were hacked. That was followed by reports of other breaches: the city network in Austin, Texas, and the U.S. nuclear weapons agency. Late in the day software giant Microsoft Corp. said its systems were exposed.

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Posted in Corporations/Corporate Life, Ethics / Moral Theology, Globalization, Russia, Science & Technology, The U.S. Government

(NYT) F.D.A. Panel Endorses Moderna’s Covid-19 Vaccine

The coronavirus vaccine made by Moderna moved closer to authorization on Thursday, a significant step that would expand the reach of the nation’s vaccination campaign to rural areas and many more hospitals.

As the nation buckled from uncontrolled spread of the disease, with 3,611 deaths on Wednesday setting yet another horrific record, a panel of independent experts recommended, by a vote of 20 in favor and one abstention, that the Food and Drug Administration authorize the Moderna vaccine for emergency use. The formal decision, expected on Friday, would clear the way for some 5.9 million doses to be shipped around the country starting this weekend.

Moderna would be the second company allowed to begin inoculating the public, giving millions more Americans access to desperately needed vaccine. The first, made by Pfizer and its German partner BioNTech, received authorization last week.

The Moderna vaccine can be distributed more widely because it can be stored at normal freezer temperatures and, unlike the Pfizer-BioNTech vaccine, does not require ultracold storage. It also comes in much smaller batches, making it easier for hospitals in less populated areas to use quickly.

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Posted in Anthropology, Corporations/Corporate Life, Health & Medicine, Science & Technology