Automate

Nevis Raises $40M to Automate Wealth Advisor Tasks

Real Estate Buying & Selling /
Nevis Raises $40M to Automate Wealth Advisor Tasks

(Bloomberg) — Many companies are trying to replace wealth advisors with artificial intelligence, but Mark Swan’s bet is that humans are here to stay. It’s the busy work, from meeting minutes to account openings, that’s ripe to be automated, he argues. So the former Revolut executive built a startup, Nevis, that’s attracted $40 million in funding […]

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Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections

Auto Insurance /
Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections

A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety inspections has drawn a backlash from labor groups and lawmakers who voiced worry that automated inspections will result in more accidents. The dispute reflects simmering tensions in the global transport industry over the rise of automation.

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