|
“The Rise of the Robots”, “How Artificial Intelligence will put you out of a job”, “AI and the industries it will disrupt” – headlines like these are multiplying, and the “Fourth Industrial Revolution” is well and truly upon us.
Whilst there will always be a host of uncertainties around where AI is ultimately going to lead us, we should all make sure now that we understand what it is all about - and how it is likely to impact on us both professionally and personally in the near future.
Let’s start off by asking two questions: “Will AI get ‘intelligent’?” and “So, what happens to our jobs?”.
We’ll address them by analysing the lessons of the First, Second and Third Industrial Revolutions…
|
|
|
|
Over 80 countries worldwide produce McDonald’s Big Mac hamburgers to similar recipes, and that, say some researchers, makes them a perfect universal commodity with which to compare the PPP (Purchasing Power Parity) of different currencies.
Hence The Economist’s annual “Big Mac Index”. And whilst many economists question the real value of “Burgernomics”, and whilst it indeed began as nothing more than a lighthearted attempt at establishing currency values, it has over the decades gained a degree of traction and credibility.
So let’s have a look at what the Index is saying about our Rand. By how much is it really undervalued? And what does that say about our economy?
|
|
|
|
This form is designed so that employers can easily reconcile their payroll taxes (PAYE, UIF and SDL). These taxes have proved difficult to reconcile and this redesigned form is intended to simplify this process. It is important to get this right to avoid paying penalties and interest.
A significant step taken by SARS is that employers can now actively manage their payroll taxes. Businesses can now make adjustments to their account and can correct misallocated payments. Omissions and other account mistakes can be corrected (there are misallocations going back a few years) and SARS accept they will have to assist in resolving some of the queries. A case management system …
|
|