Saturday, October 9, 2021

Moderna race for profit makes Covid vaccine from the the reach of the most vulnerable



Moderna, which's coronavirus vaccine is believed to be the most effective protection from Covid-19 is supplying its vaccines mostly to countries with high incomes and has been putting poorer nations on hold and making billions of dollars in profits.

After the development of a groundbreaking vaccine that received the scientific and financial backing from the U.S. government, Moderna has delivered a larger portion of its doses to rich countries than any other manufacturer, as per Airfinity, a company that collects data that monitors vaccine delivery.

A little over 1 million doses Moderna's vaccine have been distributed to countries which are in the World Bank classifies as low income. Contrary to that, 8.4 million Pfizer doses and around 25 million one-shot Johnson & Johnson doses have been delivered to these countries.

Of the a few middle-income nations that have signed deals to purchase Moderna's shots, the majority haven't received any doses in addition, at the very least, three of them have been required paying more money than United States or European Union did, as per officials from the governments of those countries.

Thailand and Colombia are both paying an extra. Botswana's doses have been delayed. Tunisia was unable to connect with Moderna.

In contrast to Pfizer, Johnson & Johnson and AstraZeneca that have different lists of drugs along with other offerings, Moderna sells only the Covid vaccine. The Massachusetts business' future depends on the commercial performance of the vaccine.

"They behave as if they are assuming no accountability other than maximizing the return on investment" said Dr. Tom Frieden, a former director of the Centers for Disease Control and Prevention.

Moderna executives have stated that they're doing everything they can to create the most doses in the shortest time possible, but that their capacity for production remains in a limited capacity. All the doses that they make this year will be used to fill current orders from governments like the EU.

However, even so, the Biden administration has become increasingly dissatisfied over Moderna because it has not made its vaccination accessible to less developed countries two top administration officials have said. Biden administration officials are pushing Moderna management to increase production in U.S. plants and to license its technology to overseas manufacturers who can make doses to be sold on foreign markets.

Moderna is currently trying to defend itself from allegations that it puts prioritizing the rich.

The following day, after The New York Times sent detailed questions regarding how many poor countries have had the Moderna vaccine Moderna announced that it was "currently investing" in order to boost the production in order to provide 1 billion doses of the vaccine to countries with low incomes by 2022. The company also announced in the past week that it will start a factory in Africa but did not specify the date for when it would open.

Moderna management has been discussing about talks with the Biden administration about selling cheap doses of the drug to the federal government. The government would then distribute them to less-developed countries, which is what Pfizer has accepted, two officials of the top level said. The talks are ongoing.

In an interview on Friday, Moderna CEO Stephane Bancel declared that "it is a pity" that the vaccine developed by Moderna was not reaching more people from countries that are less developed however, he said that the issue was beyond his control.

He claimed that Moderna attempted and failed last year to persuade governments to pay to increase the company's production capacity. He said Moderna determines the amount to charge based on a variety of factors like how many doses ordered and how rich the country is. (A Moderna spokesperson disputed Airfinity's claim that it had delivered 900,000 doses to poor nations, but she did not offer an alternative number.)

A year and a half after Western nations started to race to immunize their citizens and vaccinate their populations, the attention in recent months has been shifting to the serious shortage of vaccines across the world. A number of countries that are poorer most of them located in Africa along with those in Middle East, had vaccinated less than 10 percent of their people in September. 30.

For instance, Johnson & Johnson faced protests from the director-general of the World Health Organization and public health advocates after the Times revealed that the doses of this shot made by the company in South Africa were being exported to richer countries.

Biden government officials are particularly unhappy with what they perceive as the lack of cooperation of Moderna due to the fact that they believe that the US government has offered the company vital aid.

Researchers at the National Institutes of Health worked in collaboration with the company on the development of the vaccine. In the United States kicked in $1.3 billion for clinical trials as well as other research. In August 2020, the federal government decided to purchase $1.5 billion worth of the vaccine, ensuring that Moderna will be able to find an audience for untested product.

While clinical trials in the past showed that Moderna or Pfizer vaccines are equally effective However, recent studies show that Moderna's vaccine is more effective. It is more durable and is also easier to carry and keep in storage.

Moderna's vaccine is "essentially the most expensive vaccine," said Karen Andersen who is an industry analyst at Morningstar. "They're in a position that they shouldn't have to compromise on pricing for a lot the deals."

There is not much information in the public domain on the deals Moderna has reached with different governments. Of the 22 nations, together with the EU in which Moderna as well as its distribution partners have announced selling shots, none of them are considered to be low income. Only that of the Philippines can be classified having a lower middle income. (Six are higher-middle-income countries.)

Pfizer in contrast announced that it had negotiated to offer its vaccine at a discounted price to 12 countries with high-incomes as well as five governments with lower-middle incomes, as well as one nation that is poor, Rwanda. (Tunisia for instance, is paying $7 per dose.)

A handful of governments have revealed the amount they're paying to purchase Moderna doses. In the United States paid $15-$16.50 for each shot, which is on top of $1.3 billion that the government provided to Moderna to create its vaccine. In the EU, EU pays $22.60-$25.50 to purchase its Moderna doses.

Botswana, Thailand and Colombia Thailand and Colombia, that Thailand, Botswana and Colombia that World Bank classifies as upper-middle-income countries, have stated that they pay between $27 and $30 for Moderna dose.

Lack of transparency on the amount other governments are spending is putting countries with low incomes in a weak position to bargain. They're "negotiating completely in the dark," said Kate Elder who is a consultant for Doctors Without Borders on vaccine policy.

In some instances, Moderna has offered to offer the vaccine to countries with lower incomes at a reasonable cost but only after it has met the demands of other countries.

The company in May Moderna presented an African Union doses at around $10, as per an official from the bloc who was involved in discussions. However, the doses won't be available until the next year, which could cause the talks to fail, as per two African Union officials.

"Dr. Ayoade Alakija, who oversees Africa's vaccination delivery program , but wasn't involved in the procurement process, said that Moderna's approach was "We're in this to earn money. We've discovered a positive thing, but we're not even trying to convince ourselves it's a mission to make the world better."

The modernization of Moderna's Covid vaccine has had a transformative effect for the company as well as its executives. The company has said that it believes that the vaccine will bring in at around $20 billion in revenue this year, which makes it among the most profitable medical products ever created. Andersen The Morningstar analyst, estimated that the profits of the company from the vaccine could reach at least $14 billion. In the year 2019, Moderna reported total revenue of $60 million.

Moderna's market value has almost tripled in the past year, reaching over $120 billion. Two of the founders of the company, as well being an early investor this month were included on Forbes magazine's ranking of the 400 most wealthy individuals across the United States.

In the course of the spread of the coronavirus in the first quarter of the year 2020 Moderna began to create its coronavirus vaccine, that relies on a brand new technology called messenger RNA -- and design a safety study. In order to manufacture the doses needed for the study Moderna was awarded $900,000 from the non-profit Coalition for Epidemic Preparedness Innovations.

The group, which is a nonprofit, stated that Moderna has ratified its "equitable access principles of equitable access." This means that, according to the coalition, that the vaccination will be "first available to people at the time and place they need it, and at a cost that is affordable for the population at risk, including those living in those living in middle and low-income countries as well as public sector entities who purchase for them."

Moderna was able to agree in May to supply the equivalent of 34 million doses of vaccine this year, and the possibility of 466 million doses by 2022 to Covax the struggling UN-backed program that aims that aims to protect the poorest of the world. Moderna hasn't yet delivered any of these doses according to the Covax spokesperson, but Covax has distributed tens thousands of Moderna doses to people in the United States.

Bancel stated that many more doses could have been sent towards Covax this year if Covax and Bancel reached an agreement on supply in 2020. Aurelia Nguyen who is a Covax official, has denied this and said "It was clear from the beginning that the most we could hope for was very little doses in 2021."

Support from the government is not enough, and staff management and high cost from Air India to test Tata

 


The Tata Group, which successfully manages businesses that range from software and retail to automobiles and steel, the expansion of its experience in the field of Air India as well may be more than a mere an investment in the financial side of the airline. The Tata Group's acquisition of 100% percent of Air India from the government suggest the need for an equity injection of more than $1 billion for the in the coming months, the acquisitions also highlight the need to change the culture of the airline.

This past Friday, government officials declared it was the Tata Group was the most competitive price-seller for the process of disinvesting the airline, with a bid of 18,000 crore. Of which 2700 crore of it will be transferred directly to the Centre in cash. The rest will be taken as an obligation from the airlines.

Although the airline is blessed with an array of high-value assets, including prime slots landing rights, and a massive fleet, it brings with it a number of issues which the Tata Group may look to solve. They include more expensive than rental rates for standard aircraft leases and a hefty maintenance contract as well as a higher than industry standards for crew wages.

"Historically or at least since when the two airlines merged Air India and Indian Airlines There was a mindset of the carrier that it is a government-owned company that will continue to pay for its losses. Thus, there was not any focus on managing an efficient company. Compare this to other carriers that are funded by the state, such as Emirates and Qatar Airways, where optimal utilization of resources has produced airlines that rank among the top around the globe. The situation has changed over the past four to five years however, there's much to be done," a retired Air India official spoke to The Sunday Express.

One of the biggest problems to be addressed in the past few time is the size of Air India's workforce in relation with its own fleet.

In 2012 the airline recorded an employee ratio per aircraft of 221 and 27,000 employees across 122 aircraft within its fleet. This is not counting Air India Express, the low-cost arm of the airline. Air India Express.

As per data furnished by the government on Friday, Air India and Air India Express had 13,500 employees and a fleet of 141 aircraft, and the resultant employee-per-aircraft ratio has fallen by more than half to 95.

"What Air India really suffers from is the frequent changes to the CEOs, especially when contrasted with private airlines. If you're not able to have a top-level executive with a clear vision and feeling of dedication that you are inevitably losing out which can lead to your morale as a business being affected. In the field of service morale is a major factor," former Air India executive director Jitender Bhargava said, adding that the rationalization of human resources is likely to happen soon after the takeover.

The government has ordered Tata Group be required to Tata Group retain the airline's employees for one year following the conclusion of the transaction. Any reductions thereafter be carried out via an unpaid retirement plan (VRS). This is among the extra burdens on Tata Group. Tata Group, particularly given the unionized nature of Air India's employees.

Alongside the issue of manpower experts have also emphasized the need for qualitative improvements within the airline, something which was put off in the Central government after it had made the decision that it wanted to purchase the airline.

This includes improvements to Air India's fleet of aircraft to achieve greater fuel savings, and improvements to the interiors of aircrafts and interiors, especially on Air India's wide-bodied aircrafts.

"Tata is a globally recognized brand, and I'm sure they will be a global brand and that Air India brand will get renewed. The battle is half won by the financial restructuring and this could result in savings on interest payments of approximately 4500 crores in a year. Tatas could be able to create operational efficiency synergies by combining the back-end activities of their current airlines, and also by purchasing and leasing of aircraft. They can also leverage the strength of the group in automation, engineering, and technology to enhance Air India, the misuse and leakages will be lessened," said Rashesh Shah Chairman and CEO of Edelweiss Group.

A CEO from a major mutual fund said although Tata's attempt to acquire Air India is a big emotional choice, the fact that they made the move into aviation via Vistara, Air India provides the best opportunity to grow and it's an excellent chance that is a win-win for Air India and the Tata Group.

Authored by Pranav Mukul , Sandeep Singh | New Delhi |
Updated 10th October, 2021 7:21:20 am
Even though the airline comes with a number of important assets, including prime slots landing rights, and a massive fleet, it brings with it a number of risks to which Tata Group may look to deal with.

for the Tata Group, which successfully operates businesses ranging from software and retail to automobiles and steel, expanding its success towards Air India as well may require more than just an investment in the financial side of the airline. The Tata Group's acquisition of 100% percent of Air India from the government suggest the need for an equity investment of more than $1 billion for Air India over in the coming months, the acquisitions also highlight the need to alter the culture of the airline.

The government on Friday declared that Tata Group was the top offerder during the process of disinvesting the airline, offering $18,000, of which 2700 crore of it will be transferred directly to the Centre in cash, and the remainder will be used to pay off credit from the company.

Also Read explained What Air India deal means for Govt, Tatas

Although the airline is blessed with a wealth of assets, including prime slots landing rights and a large fleet, it brings with it a number of issues to which Tata Group may look to solve. This includes higher than rental rates for standard aircraft leases as well as a burdensome maintenance contract as well as a higher rate than the industry standards for crew wages.

"Historically in the past, or at least from that merger between Air India and Indian Airlines There has been a mindset in the company that it is a government-owned company that will continue to finance its losses. Thus, there was not any focus on managing an efficient company. Take a look at other carriers that are funded by the state, such as Emirates as well as Qatar Airways, where optimal utilization of resources has led to airlines that rank among the top around the globe. The situation has changed over the past four to five years but there's much to be done," a retired Air India official said to The Sunday Express.

Don't miss "Landmarks on economic policies' The reason Air India deal could signal the beginning of a new launch

One of the major issues to be solved in the past few time is the size of Air India's workforce when compared with its fleet.

In 2012 the airline had an employee ratio per aircraft of 221 and 27,000 employees across 122 aircraft within its fleet. This is not counting Air India Express, the low-cost arm of the airline. Air India Express.

As per data furnished by the government on Friday, Air India and Air India Express had 13,500 employees and a fleet of 141 aircraft, and the resultant employee-per-aircraft ratio has fallen by more than half to 95.

"What Air India really suffers from is frequent changes to the chief executives, as compared to private airlines. If you do not have a leader with a clear vision and feeling of dedication and commitment, you will eventually lose and it causes your morale as a business getting worse. In the service sector morale is crucial," former Air India executive director Jitender Bhargava said, adding that the rationalisation of staff will be imminent following the acquisition.

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The government has ordered to it is required that the Tata Group retain the airline's employees for one year after the closing of the transaction, and that any reductions after that must be made via the voluntary retirement scheme (VRS). This is one of the additional burdens for Tata Group. Tata Group, particularly given the fact that Air India's employees.

Alongside the issue of manpower experts have also pointed out the need for changes in quality within the airline -- a matter which was put off in the Central government after it had made the decision to buy the company.

This includes improvements to Air India's fleet of aircraft to achieve greater fuel savings, and improvements to aircraft interiors especially on Air India's wide-bodied aircrafts.

"Tata is a globally recognized brand, and I am sure that it is likely that the Air India brand will get renewed. The first half of the battle was taken care of with the financial restructuring and this could result in savings on interest costs of about 4500 crores in a year. Tatas could create synergies in operational efficiency by combining the back-end activities of their current airlines, and in the purchase and leasing of aircrafts. They can also leverage the strength of the group in automation, engineering and technology to improve Air India, the misuse and leakages could also be reduced," said Rashesh Shah the chairman and CEO of Edelweiss Group.

An executive from a prominent mutual fund added that although Tata's attempt to acquire Air India is a big emotional decision, considering that they made the move into aviation via Vistara, Air India provides them with the best opportunity to expand and so it's a huge chance to both Air India and the Tata Group.

"While there are some issues with the deal, and a lot of money must be injected into the deal, it is only Tata Group could revive it and that's why it's good to Air India," said the chief executive officer of the mutual fund.

The minister also stated that the selling Air India is a big burden off the government's spending list. "A prompt selling of Air India (when it had more market share and less in debt) would have allowed the the government with a higher return on investment and could have saved the government money over time that could have been put to use to better use. The government has infused the sum of Rs 1.1 lakh crore into Air India over the last 10-11 years, the company also has a massive chance cost. If the sale had ended 10 years ago and this money had been put to use in education or health infrastructure."
Payroll size is one of the major factors

One of the major problems to be addressed throughout the years is Air India's pay scale as compared with its fleet. In 2012, the airline was operating with an employee ratio per aircraft of 221 and had 27,000 employees and the 122 aircrafts within its fleet. This figure includes Air India Express, its low-cost arm. Air India Express.




Friday, October 1, 2021

Mobile Recruiting helps to reduce candidate drop-off rates



Mobile recruiting is not a new concept within the staffing and recruitment industry. Mobile recruiting has become more important in the last 10 years for success in recruiting. It is crucial to retain candidates engaged through the entire recruiting process in today's candidate-driven market. Statistics show that candidates should have a mobile-friendly experience from the first application to the final communication. This will help reduce drop-off rates. We will be discussing the advantages of a mobile-friendly application and how to use SMS messaging to communicate with candidates. Chatbots are a fancy new world that can be used in mobile recruitment strategies.


Mobile Friendly Application


Appcast's 2020 study found that 60% of job applications were submitted on mobile devices in 2020. This compares to 39% on desktop. Mobile application rates decreased by 6.7%, while desktop apply rates declined by 21.2% in 2020. It is clear that mobile applications are becoming more popular than desktop computers. One way to get mobile applicants to complete the application is to create a simple and easy-to-use mobile application. Mobile applicants are often on the move and need to complete the application in a few clicks. Glassdoor found that mobile job seekers submitted 53% less applications. The same study found that mobile job seekers are more likely to apply for jobs if they are promoted as mobile-friendly.


Questions to Consider for a Mobile Application:



Is your mobile app able to upload a resume and import it into your system? Is it possible for the mobile application to submit a resume and then import it into your system?

Do you think it is possible to wait until the first application stage to collect certain information from the candidate? This can reduce the time it takes to complete an application and make it easier for more applicants.

Although it's helpful for recruiting, too much information can discourage applicants from filling out the mobile application. The mobile application can be cut down to increase the number of applicants who complete it and are accepted into the system.


This is particularly important now that candidates have many job opportunities and are in control.


SMS Messaging to Candidates


While text messages are something that you typically exchange with family and friends, in recent years texting has been a popular way to communicate with potential candidates. Statisticians even prove that text messaging is more effective than emailing or calling. Text-Em-All's partner found that the average email opens only 18%, while the average text reads 98%. EZ Texting found that 78% of people respond within 10 minutes to text messages. Spam calls and robocalls have also become more common. Fewer people answer unknown numbers' phones. Hiya found that 94% let unidentified calls go unanswered in a survey. Text-Em-All reports that only 60% voicemails are listened and a Message Desk survey shows that text messages are four times more likely than calls back to be answered.


Is this to say that phone calls and email should be eliminated in recruitment strategies? It doesn't have to be, but it can complement your recruitment strategy. SMS messaging has the advantage of being seen faster and receiving a response sooner. This is an advantage for recruiters who are looking to fill positions quickly and efficiently. This is also a benefit for the candidate as they can respond quickly, especially if there is a job. It's much more difficult to reply via email or telephone during working hours.


SMS Messaging has one main benefit: it keeps candidates engaged in your conversations. If they see your message immediately, that is a good sign. You are more likely to get a response and keep them in the recruitment funnel than if they ghost your messages. Many ATS providers have partnerships with SMS messaging services that allow for broadcast and two-way messaging. Having an integrated ATS integration will streamline your communications and record all messages sent to the candidate's record. Some ATS integrations offer a "job acceptance" feature, which allows candidates to accept a job from a text message. This reduces the time spent communicating back and forth and increases the chance of a candidate being placed.


Chatbots via SMS Messaging


Chatbots are a recent trend in the recruitment and staffing industry. You may be wondering what a Chatbot is and how it is used in recruitment. It is a chatbot that allows you to communicate directly with candidates. Chatbots may sound impersonal to some, but they can increase engagement among candidates while eliminating manual tasks that recruiters must do.


What can Chatbots do?



ChabBots can be reached 24/7. After regular business hours, candidates may reach out after hours. Chatbots can replace human candidates to answer candidate questions using Natural Language. Candidates will receive a response no matter the time of day to keep them interested and engaged.

Chatbots are able to screen applicants and schedule interviews. Candidates can receive a text message with pre-liminary questions from Chatbots after submitting an application. Chatbots can schedule interviews for candidates who seem to be a good match. This increases efficiency, saves time and eliminates manual labor for the recruiter. This helps to speed up the interviewing and application process, which makes it less likely that candidates will drop out due to the slow pace of the process.

Chatbots are also able to gather additional information that was not available in your mobile application. Chatbots are able to automatically collect additional information from candidates who have submitted mobile applications.

These are just some of the many ways Chatbots can be used in your recruitment strategy. Chatbots can increase candidate engagement and decrease drop off rates by communicating 24 hours a days with candidates and speeding up manual processes. Chatbots can be integrated into the candidate's profile to continue automatic check-in communications with them.


The next question you might ask is, "How can I implement a Chatbot?" Your ATS provider is a good place to begin. Chatbot integrations are available in some ATS's. These integrate with your database and send you messages. Integration with your ATS can streamline chatbot communication and record the conversations for you in the candidate’s record.







Business in the 2050s: What the Future of Work Could Look Like



 Many predictions of the future are wildly inaccurate.


Back To The Future, for example, promised hoverboards. But, almost everyone who saw Blade Runner could not wait to own a flying car. It is sad that neither of these are yet readily available to the public.


It is difficult to look into the future and speculate on how it will look in the future. There are too many variables. While new technologies may emerge that no one expected, existing fields with significant growth potential may not develop as planned. 3D films are a good example. They have been called the future of film because producers believe that consumers will jump at the opportunity to immerse themselves in the films' worlds.


Although this is true to a certain extent, 3D film popularity is declining significantly as it has been repeatedly before. Consumers are now keener to improve the resolution on which they can view their 2D content. This is evident in the rapid rise of UHD and 4K televisions over the past few years.


Personally, I enjoy looking at current trends and ideas and imagining how they might change over time. This allows me to form a mental picture about the future if things continue along their current course.


This approach is easy to apply to the workplace, as there have been many new perspectives and ideas recently, including those from politicians, academics and business leaders.


These are the ideas and changes that have been made in the workplace over the past few years. This is how the workplace of 2050s could look.


Remote Work - The New Normal?


Remote working is on the rise in all parts of the globe, and the statistics are staggering. Forbes' 2019 study found that remote working has increased by 159% in the USA since 2007. The same study predicts that 50% of the UK workforce will be working remotely before 2020.


This development is allied to the decline of the traditional "job for life" in western countries. Employees stayed with the same employer their entire working lives, and their idea of career progression was pursuing a promotion within that company.


Although the reasons for this decline are complicated and multifaceted, they can be attributed to both employers who responded to economic recessions with greater flexibility in labour rights and employees who responded to decades of wage stagnation by being more open to changing employers or careers in search for better opportunities and working conditions.


It has led to a significant increase in self-employment, which allows for greater flexibility for employees and employers.


These factors combine to create a large number of highly-productive, well-trained and well educated workers who don't need to be present at the workplace of their primary employer between 9am and 5pm Monday through Friday.


Many people who work from home don't enjoy being alone. This has led to a significant increase in co-working.


If more people work remotely, co-working spaces will continue to grow. As co-working spaces grow into busy activity hubs, populated with skilled and enterprising individuals from a variety o backgrounds, it is only natural for these people to connect, network, and synergise. This means that co-working spaces could be a fertile resource of new innovations and vibrant startups around the globe, not just in Silicon Valley.


4 Day Workweek


Remote working may not be an option for some people, but there are changes that could be made to their work patterns, according to various think tanks, academics, and employers.


STC Expeditions, a travel company based in Exeter, recently tried the 4-day workweek for 12 weeks. However, during the 2019 UK General Elections, Labour Party declared that the UK's standard work week would be the 4 Day Workweek.


Working 4 days per week is logical. Several studies have shown that productivity tends to drop after 32 hours of work per week. This means that 8 hours of the 40-hour workweek could be returned to employees with very little loss of productivity. Microsoft Japan's 2019 study found that employees were actually more productive if they tried a 4-day workweek during the summer.


We will soon know the answer to whether a 4-day workweek is sustainable over the long-term.


All Robots are Coming for Us


There is no escape. Automation and technological advancements mean that robots will soon be able to do our jobs faster, cheaper, and with a higher standard than us.


This isn't a sudden change. But by 2050s, robots that are highly skilled and custom-made will be performing the same jobs as humans.


This isn't a new concept. Take the industrial revolution. It was a time when many textile workers were surplus to their needs due to the inventions of machines that could perform their jobs without them having to request overtime, day off, or break periods.


Modern times are characterized by self-checkout machines at the supermarket. Customers can use a dozen or more of these machines with just one or two assistants to assist them.


Automation is the process of robots taking over people's jobs. You will hear more about this in the future. Robots are currently being developed in several large, very important industries. By the 2050s they will have replaced hundreds of millions of people.


In the USA, vehicle driving is a major source of non-college educated male employment. This includes being a driver for a truck, taxi, Uber driver, courier or other similar roles. Self-driving cars today are only semi-operational. Given the amount of research funding currently being invested in making fully functional self driving vehicles a reality sooner than expected, it seems logical that the majority of driving jobs by 2050s will be performed by robots and not humans.


Nobody Is Safe!


This phenomenon is not unique to the auto industry. Robots are expected to take over the jobs of people in all industries within the next few years.


Oxford Economics' 2019 study found that 20,000,000 jobs in the manufacturing sector could be automated by 2030. Many of those who work these jobs will then seek out jobs in closely related industries, which are also vulnerable to automation.


This scenario of mass job loss is not so catastrophic as it seems. Since capitalism has been the main method through which societies have organized their economies, technological advances and innovations have created new opportunities as well as eliminated existing jobs.


One example is the creation of the position of Social Media Manager by the invention of social media platforms. This job is something that is rarely seen today. Recalling the industrial revolution, this development created a lot of new jobs in factories and other industries while eliminating many existing agricultural jobs.


The sheer volume of automations that will be occurring over the next few years may pose a challenge like none before. A 2015 Bank of England study found that almost half of the UK's workforce could be at risk of having their jobs automated. The most vulnerable were those in care, admin, manufacturing and customer service.


Crisis Management & Free Money for All


Many people are at risk of losing their jobs and their careers. The next question is: "How do we deal with this?"


A universal basic income (UBI) is a potential solution that has been supported by people from all political sides. UBI can be described as "a model that provides all citizens of a country, or other geographical area, with a certain sum of money regardless of their income, resource or employment status." The fundamental principle behind UBI, however, is that "all citizens have the right to a livable living standard, regardless of whether they contribute to production."


In other words, in a world in which a lot of people will lose their jobs and skilled skills, leaving them unable compete against robots within a free-market economy how can we ensure these people have dignity while still maintaining a decent standard of living?


A UBI could be a solution to this problem. It has been supported by many brilliant minds, past and present. Some of the most prominent supporters of UBI are: Thomas Jefferson and Abraham Lincoln, Bertrand Russell and Franklin Roosevelt. Margaret Mead and Martin Luther King, Elon Musk, Mark Zuckerberg, and Martin Luther King.


It is important to remember that UBI support has been gathered from people with opposing political views. Andrew Yang, an American tech entrepreneur, is one of the most prominent proponents of UBI. He recently ran for the Democratic nomination for 2020. On the opposite side of the political divide, UBI support came from Milton Friedman, the neoliberal economist, and Charles Murray, the political scientist whose views on race relations can be generously described as 'controversial.


Also, it is worth noting that Alaska, an American state, has had UBI since 1982. Alaskan residents receive $2000 each year for simply living in Alaska, without any restrictions. Studies have also shown that Alaska's UBI program has contributed to the elimination of extreme poverty without increasing unemployment.


Releasing the Shackles


UBI's relative merits and implementation are complex issues that require careful study and more explanations than I can offer. However, there is another important point to be aware of in the context UBI and how it might impact business in 2050s.


Think about how many entrepreneurs you know who are frustrated. What number of people in your life would be excited to start a business?


How many people would be able to take advantage of the extra freedoms they have in time and money to start their own businesses or pursue their true calling if UBI was implemented successfully in several countries by the 2050s?


How many new services and products could be created if there was less pressure to pay bills and other expenses? What if skilled, educated people had more time to pursue their passion projects?


The Future is Yours


No matter what your opinion is on the ideas in this article it's important to remember that nothing is certain and that the 2050s world will be shaped and influenced by ordinary people around the globe.








Monday, September 20, 2021

Widevine DRM: What is it and what version does my phone support?



 


You've probably heard of Widevine certifications. We'll be discussing DRM, what Widevine certifications mean, and how to find out which Widevine number your phone supports.


What's DRM?

Digital Rights Management, also known as DRM, is a service that streaming services such as Netflix and Disney+ use to prevent their content being copied or distributed without a license. Widevine is used on the internet and Android. Fairplay is used on Safari and Apple devices. Today we'll be discussing Widevine DRM certifications. PlayReady is also available and is used by many set top boxes and Windows.


Widevine DRM

Many streaming platforms, including Netflix, HBO, Disney+ and Prime Video, use Widevine DRM, such as Hulu, Hulu Plus, Hulu, Hulu, Hulu Plus, Hulu, Hulu, Hulu, Hulu, Hulu, Hulu, Hulu, Hulu and Sling. There are three levels of security for Widevine DRM: Widevine, Widevine, and Widevine.


Widevine: This certification is the most basic, and consists entirely of software-based DRM. Widevine L3 devices will play the content at 480p. L3 means that there is no Trusted Execution Environment for DRM encryption (TEE).


Widevine: This is the second level of Widevine L2. It includes either separate video hardware or software-based video processing. Widevine L2 devices will often produce a higher resolution output than Widevine L3, but at a lower quality.


Widevine: In devices that support L1, Widevine L1 protects the highest level of DRM. Video encryption and processing takes place entirely in the Trusted Execution Environment. Widevine L1 devices can play video at the highest resolution.


Which Widevine version is your phone compatible with?

You can find out which version of Widevine DRM your phone supports to determine if your streaming is at its best. You should also know that sometimes your Widevine certification can be dropped to L1 due to poor software updates and third-party custom firmware. It is important to learn how to determine your phone's certification in these situations.


You can check the certification of your Android device with many apps that allow you to see inside your device's hardware.


The DevCheck app is one such tool. It is available as a free download from the Google Google Play Store. After the app is installed, users can open it, grant it the necessary permissions and then go to the "System" section of the app. Users will find their security level under the "Widevine" subsection. The image is shown above.



Vodafone Idea claims a peak speed of 3.7Gbps for its new mmWave5G trial

 


Vodafone Idea (Vi), claimed that it had reached a peak 5G data rate of 3.7Gbps using the mmWave spectrum bands in a recent test in Pune, Maharashtra. Peak download speeds up to 1.5Gbps were achieved in Pune and Gandhinagar's 3.5Ghz 5G trial network.


Vodafone Idea's announcement comes less than one month after Airtel made public its success in cloud gaming sessions using a smartphone running Asphalt 9: Legends. The game streamers Naman Mathur (better known as Mortal’) and Salman Ahmad (better known as ‘Mamba’ were involved in the test.


Vi announced that it had deployed its 5G trial in Pune city. The company also stated that Vi was allocated 26 GHz spectrum by the DoT and the traditional 3.5GHz spectrum band for trials of 5G network networks.


"We are happy with the speed of 5G trials using the Govt-allocated 5G spectrum bands. We have established a strong 4G network across India that delivers the fastest 4G speeds and has a ready network for 5G. Now, Jagbir Singh, Chief Technology Officer at Vodafone Idea Limited, said that we are testing NextGen 5G technology to deliver a true digital experience for Indian consumers and enterprises.


Vi, one of three Indian telcos majors, will compete against Airtel and Reliance Jio for India's first 5G stable network.


The oldest clues to the advent of human clothing in Morocco are found in a Moroccan cave

 


It is easy to take clothing's existence and necessity for survival as a given. This includes clothes like shirts, pants, dresses, skirts and dresses, and even socks. It all started somewhere.


Scientists said Thursday that artifacts discovered in a Moroccan cave dating back to 120,000 years ago suggest that humans made specialized bone tools and skinned animals before using tools to make fur and leather.


They added that the Contrebandiers Cave items, which are located approximately 800 feet (250m) from Temara's Atlantic coast, may be the oldest known evidence of clothing in the archaeological record.


Our species, Homo Sapiens, was first discovered in Africa more than 300,000. Later, it spread worldwide. Humankind's first clothing invention was a significant milestone in cultural and cognitive evolution.


"We assume that clothing was integral in the expansion of our species to cold habitats," stated Emily Hallett, evolutionary archaeologist at the Max Planck Institute for the Science of Human History (Germany).


Scientists discovered 62 tools made of animal bones. They also found a pattern of cut marks in the bones of three small carnivores - a wildcat, jackal, and fox - which indicated that they were fur-skinned and not meat. Wild cattle bones and antelope bones suggest that these skins may have been used for leather making, while the meat was consumed.


Eleanor Scerri (also of the Max Planck Institute for the Science of Human History) said that clothing is an original human invention. "We wear clothes to keep warm or protect our skin. Scerri said that clothes are also used symbolically to show something about us, and also meet a multitude of social conventions that align with diverse cultures.


Cave artifacts are from a time when personal adornment was common and other signs of symbolic expression were evident at many archaeological sites. The cave did not contain any prehistoric clothing, but fur, leather, and other organic clothing materials that are extremely perishable.


These tools were made in a time when the cave was occupied from roughly 120,000 years ago to approximately 90,000 years back. It is not clear what the clothing they made. Tools with a wide, rounded end are of particular interest, also known as spatulate tools.


"Striations can be seen on spatulate bone tools due to repeated skin contact. The sheen on the ends is due to the use of bone tools against skin. This shape of bone tools is still used to prepare pelts today because they don't pierce skin and are durable. They also remove connecting tissues without causing damage to the pelt." Hallett stated.


The oldest evidence of Homo sapiens clothing is bone needles, which are approximately 45,000 to 40,000 years old and were found in Siberia. Researchers believe that clothing production began thousands of years ago, even though archeological evidence does not support this hypothesis.


Other researchers have also done genetic studies on clothing lice to suggest that clothing originated in Africa around 170,000 years ago. The researchers also believe that Neanderthals made clothing in Eurasia, which is a close human relative who arrived before Homo sapiens. This is based on the cold areas they lived in. The researchers cited evidence that Neanderthals made leather-working bone tools around 50,000 years ago.