Due to fatigue, you can take sick leave if certain conditions are met – Doctor: “You don’t have to be a fakir to understand” Terveysuutiset 26.8. 10:01 am
#Due #fatigue #sick #leave #conditions #met #Doctor #dont #fakir #understand #Terveysuutiset
workforce
Nokia Introduces AI-Powered MX Workmate to Revolutionize Industrial Operations
The once-legendary tech company Nokia has introduced another AI-powered tool that aims to revolutionize industrial operations. Dubbed “MX Workmate,” this innovative solution uses generative AI big language models to provide real-time insights and recommendations to industrial workers, from identifying faulty equipment to optimizing factory output.
The launch of the MX Workmate marks a significant expansion of Nokia’s offering in the industrial sector. It is based on Nokia’s existing communications technology used by industrial customers around the world. Leveraging the power of generative artificial intelligence, Nokia aims to provide workers with human-like text messages that deliver critical information and guidance, improving productivity and safety in industrial environments.
The Mx Workmate application includes early warnings of machine failures and even repair recommendations
Stephane Daeuble, head of Nokia Enterprise Solutions Marketing, highlighted the multiple uses of MX Workmate, from early warnings of machine failures to recommendations for repairs and strategies to improve production quality. Nokia expects this AI-driven assistant to help employees make sense of complex data flows. This will be particularly useful for industrial companies struggling with a shortage of skilled personnel, Daeuble said.
While generative AI has gained popularity due to its ability to create human-like content, Nokia emphasizes its commitment to operating technology (OT) regulations. Daeuble emphasizes the importance of proper testing and fine-tuning to ensure the tool’s effectiveness across industries, addressing the potential legal and ethical issues associated with implementing AI in industrial settings.
In addition to optimistic expectations, Nokia also acknowledges potential development challenges
Despite the MX Workmate’s promise, Nokia acknowledges that trust in the technology may take time to develop. Daeuble emphasizes the need for accuracy, clarity and traceability in AI-generated prompts, with initial safeguards to validate the tool’s recommendations. Nokia is going to present the first versions of MX Workmate at the Mobile World Congress in Barcelona.
Although some aspects of Nokia’s AI tool MX Workmate, such as AI hallucination prevention, are still in the research phase, Nokia remains committed to providing a reliable and effective tool for optimizing the industrial workforce.
Nokia’s head of enterprise solutions marketing predicted a timeline of about one to one and a half years before the AI tool is widely implemented. Nokia expects MX Workmate to play a key role in shaping the future of industrial operations, driving efficiency and innovation across industries.
2024-02-14 18:10:49
#Nokia #developing #tool #improve #efficiency #industrial #workforce
Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation
NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates.
At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe it will do the same in December. Its boss, Jerome Powell, indicated that no rate cut had been discussed, this question “not arising” at the moment.
“The economy is proving its resilience despite multiple rate increases over the past two years. This is good news,” Neel Kashkari said in an interview with Fox News, adding, however, that the inflation problem has “not been completely resolved.”
“We still have work ahead of us,” he said, while inflation is still far from the US central bank’s 2% target. Many market participants, however, believe that the Fed has completed the cycle of monetary tightening that began in March 2022, as inflationary pressures have eased.
“I’m a little nervous about declaring victory too soon,” said the head of the Minneapolis Fed, indicating that he wanted to have more data to decide on the course of action for the Fed. (Reporting Michael S. Derby; French version Jean Terzian)
2023-11-07 04:17:41
#USAThe #Fed #work #face #inflation #Kashkari
U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%
A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo)
(Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm payrolls growth decreased below. Before the release of the employment data, it was about 35%.
Nonfarm payrolls rose by 187,000 in July, according to the U.S. Labor Department’s July jobs report, below the 200,000 increase expected by economists polled by Reuters.
“July’s jobs report doesn’t change the Fed’s hawkish stance, but officials are optimistic about the August jobs report and the next two years,” said Kathy Vostjancic, chief economist at Nationwide. “We’ll have to wait and see the 2020 inflation data and then decide whether to keep the Fed on hold or whether more rate hikes are needed to cool labor demand and inflationary pressures.”
2023-08-04 14:17:00
#U.S #interest #rate #futures #fall #probability #rate #hike #year
US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability
On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis)
[30日 ロイター] – In response to the May US Personal Consumption Expenditures (PCE) price index announced on the 30th, growth slowed both from the same month of the previous year and from the previous month. The rate hike probability at the FOMC has slightly decreased from about 90% to about 85%.
The PCE price index rose 3.8% year-on-year, slowing from 4.3% in the previous month. On a month-on-month basis, it rose by 0.1%, slowing down from 0.4%. The core PCE price index, which excludes volatile food and energy, rose 4.6% year-on-year, down from 4.7% the previous month. On a month-on-month basis, it rose 0.3%, slowing down from 0.4%.
2023-06-30 14:54:00
#U.S #interest #rate #futures #drop #chance #rate #hike #July #PCE #price #index #growth #slows
Goldman Sachs President John Waldron Plans for “Mini-Stagflation” Scenario
[ニューヨーク 8日 ロイター] – John Waldron, president of Goldman Sachs Group Inc., said on Thursday that the bank is planning to prepare for a “mini-stagflation” scenario.
President John Waldron said at a Bloomberg conference that the environment for capital markets and funding is expected to become tougher. He said he could not say for certain whether Goldman would cut additional jobs, but he reiterated that he was “tighter in management and more cautious.”
He also noted that customers’ risk appetite is declining.
2023-06-08 16:14:00
#Goldman #Sachs #prepares #ministagflation #CEO