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For teaBOT there’s no better home base than Toronto: international tea drinkers, long winters and an inherent sociability. But that hasn’t kept the Toronto-based startup from expanding its robot army beyond the ecosystem here to cities like Palo Alto and Chicago.
Reading through hundreds of pages of textbooks just to find two or three main points is tedious and time-consuming. But in the near future, AI could automate the process and summarize lengthy documents in a fraction of the time.
As new technology makes the world smarter, gadgets and apps continue to optimize our personal and professional lives. As more and more intelligent machines enter the workplace, many are divided over the effects of increasing automation- the replacement of workers with technology and computerization.
As self-driving cars become closer to reality and experts warn that many jobs will be replaced by automation, it’s becoming increasingly imperative to answer the question of how governments and companies will cope with the changing face of the workforce.
This past July, Velocity hosted the Spring 2016 Velocity Fund Finals (VFF), a pitch competition that awards $125,000 in grants each term, to help early stage startups build their business. We caught up with one of the $25K winners, Knote, for a post-VFF update. Look for upcoming blog posts from other recent $25K winners: Salient Energy, and Sytrix Lab, as well as read UpGrain Inc.‘s update and advice to competitors from earlier this week.