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A visitor stands in front of QR-codes information panels. Image: REUTERS/Maxim Shemetov Written by Joe Myers Account Manager, Formative Content Published Monday 29 February 2016 As the infographic highlights, the impact of automation will vary considerably. For the authors of the report, creativity is an increasingly sought after skill, while the employment landscape in 2035 will work “to the advantage of tomorrow’s entrepreneur”. The human-only jobs of 2035 Given the demographic and technological changes now set in motion, these are some of the new human-only jobs that could emerge. The rise of unmanned and un-crewed vehicles will need a new workforce of remote operators. Pilots, ship captains and drivers could all be sitting in an office, potentially thousands of kilometres from the vehicle they are controlling. While many existing skills will transfer, new skills will also be needed to fly a plane remotely. A new category of "...

Posted: 21 Jul 2016 06:01 AM PDT The recent standstill seen in the market in terms of property sale and purchase activity followed by protests held by property agents throughout the country lead to a formal meeting between Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan, Federal Board of Revenue (FBR) senior officials and representatives of Federation of Pakistan Chambers of Commerce and Industries and property dealers association held a couple of days ago. The meeting turned out to be successful, and the government has taken back its decision to valuate property through State Bank of Pakistan’s appointed valuators. Congratulations readers! With regard to how the offices concerned will now valuate the property and reduce the stark difference between Deputy Commissioner (DC) Rate and real time market value, several theories are circulating the market. Please note that the final decision is yet to be taken and a meeting will be held in this regard between Fi...

By  Leilani LifeBuzz Staff The need for elevators has existed for longer than you might think. In 236 B.C., the Greek mathematician Archimedes designed a rudimentary elevator using ropes and a rotating spindle called a capstan. The Romans used a hauling device called a winch and counterweights to lift gladiators and animals up to the arena for battle. Transporting goods, people, and livestock were some of the main reasons there was a need for these early shafts. Another reason included privacy. Louis XV had a few contraptions called the flying chair, for his mistress, and the flying table, for private dining affairs. The modern elevator had its beginnings in the early 1800s, and by 1853, American industrialist Elisha Graves Otis introduced something spectacular at the New York Crystal Palace exposition: an elevator with a safety feature that broke the cab's fall in case the ropes broke, a common problem at the time. Four years later, the first passenger el...

The Finance Bill 2016 caught everyone by surprise in the real estate sector, especially persons with black money and short term speculators. For them it is a nightmare that FBR can value the properties at fair market value, which has taxation repercussions regarding source of investment and thereafter can levy Capital Gain Tax (CGT) if the asset is held for less than five years. The whole real estate market is in shock and allegedly, in some major housing entities the business is almost at a halt. There are visible signs that strikes are being arranged in some major cities of Pakistan but so far no defined agenda in terms of demands has been made public especially by any real estate dealers association. Interestingly, the hearsay is that the two major amendments would discourage foreign remittance to Pakistan. If overseas Pakistanis remit their money through normal banking channels per Income Tax Ordinance 2001, they are exempt from tax and the remitted mon...

Replica of the  Great Seal  which contained a Soviet bugging device, on display at the  NSA 's National Cryptologic Museum . The Thing , also known as  the Great Seal bug , was one of the first  covert listening devices  (or "bugs") to use passive techniques to transmit an audio signal. It was concealed inside a gift given by the Soviets to the US Ambassador to Moscow on August 4, 1945. Because it was passive, being energized and activated by electromagnetic energy from an outside source, it is considered a predecessor of  RFID  technology. [1] Creation The Thing was designed by Soviet Russian inventor  Léon Theremin , [2]  whose best-known invention is the electronic musical instrument the  theremin . The principle used by The Thing, of a resonant cavity microphone, had been patented by Winfield R. Koch of the  Radio Corporation of America  (RCA) in 1941. In US patent 2,238,117 he describes ...