Posts Tagged: robots

The New World of Autonomous Trucking

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Behavioral and Social Issues Related to Accounting, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Axios, autonomous trucks could one day replace more than 90% of all highway trucking, which could have a profound impact on as many as 500,000 long-haul truckers, a new study found. Questions: According to the study by researchers at the University of Michigan and Carnegie Mellon University, if automation is restricted to Sun… Read more »

Humans: 1 Robots: 0

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to Engadget.com, Walmart announced that they have decided to cancel their original plans to have robots to track and check inventory after they discovered that actual human employees were capable of performing the tasks just as well. Questions: According to the article, which function(s) were humans better at? When did Walmart start testing the… Read more »

Everything Old becomes New Again

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According to the New York Times, General Motors said that it was investing $2.2 billion in a Detroit plant where it will produce all-electric trucks and sport utility vehicles, fulfilling a key promise made during last year’s union negotiations. Questions: What other efforts are afoot in Detroit to reinvigorate Detroit, the legacy center of the… Read more »

Tech splits U.S. Workforce

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According to the New York Times, within the technology industry a small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. Questions: What is responsible for this great divide in the U.S. workforce at places like Intel’s $7 billion plant in Arizona? Why are start-up… Read more »

Chinese giant Huawei, the world’s largest telecommunications equipment maker’s fraud exposed and charged by the U.S. Justice Department

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According to the ACFCS News, federal prosecutors have charged a Chinese company, the world’s largest telecommunications equipment maker, a top official and two affiliates with fraud, money laundering, pilfering trade secrets, obstruction of justice and sanctions violations for hiding its dealings with Iran from partner banks. Questions: 1. How did these hidden dealings come to… Read more »

Trolling for Patent Infringement Cases

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One of the most striking results of a new academic study is that in 2012, litigation by patent monetization entities now represents a majority of the patent litigation filed in the United States. Specifically, patent monetization entities filed 58% of the patent lawsuits in 2012. This is a sharp rise from 2007, when patent monetization… Read more »