Automation failing to improve productivity – employees an afterthought | Capgemini

A new report from the Capgemini Research Institute finds that, in a majority of companies (58 percent), automation has yet to meet executives’ goal for increased productivity. The study reveals that while automation technologies do increase productivity to an extent, the key to reaching their full potential lies in retraining and ‘up-skilling’ the workforce. However, in most…

Social Capital’s Chamath Palihapitiya says ‘we need to return to the roots of venture investing’ – TechCrunch

In the first of many annual letters Chamath Palihapitiya will be penning as part of his firm’s new era as a technology holding company, the founder of Social Capital criticized the venture capital industry. After highlighting the latest trends within VC — i.e. SoftBank’s Vision Fund, private equity activity in VC deals and inflated valuations — Palihapitiya divulged…