[60819] The AI revolution is changing the labor market and taking over daily life in Israel

The AI revolution is changing the labor market and taking over daily life in Israel

The use of artificial intelligence (AI) continues to gain momentum in Israel, fundamentally changing both complex business processes and daily services. According to a report in 📱 Tech Updates 💻, the AI revolution is facing a new phase where technological tools not only assist employees but actually replace them.

Similar to a report in Technology - The Leaker, the trend is affecting many sectors, as systems like "Harvey" are already capable of performing legal tasks in 20 minutes instead of 20 hours. Experts from Sequoia point out that middle managers are becoming redundant, which raises questions regarding the future of the job market and whether automation is indeed more efficient and cheaper than human beings.

Alongside the changes in the labor market, AI is also penetrating more traditional sectors. 📱 Tech Updates 💻 reports on the "Tuvel Oti" (Lead Me) venture, an AI-based platform designed to revolutionize the Israeli moving industry. The venture, led by Lior Lev, Asaf Bank, and footballer Idan Vered, seeks to prevent "surprises, no-shows, and price additions" and become the Wolt of the moving world.

In the field of private consumption, the CEO of Newpan explained on the Golden Cactus podcast that Israelis still prefer interpersonal contact with the salesperson in the store, but noted that the Chinese penetration into the local market is a done deal. In addition, the fascinating question arose as to when AI technology will become an inseparable part of our household appliances, such as the refrigerator.