1. Stop sweating about robots taking our jobs, says one expert. At Xerocon in Melbourne, author and entrepreneur Dr Catherine Ball said that people who fear technology will make them redundant “lack imagination” and “lack creativity”. She cites how previous industrial revolutions increased employment and raised the standard of living. Xero chief Rod Drury added that the free time allowed by technology in the future could necessitate a universal basic income, although the problem of multinationals dodging local tax had to resolve to fund such schemes. Read more on the conversation.
2. Now you can automatically hand over your data to fintech startups to make it easier to move away from the big banks. Macquarie has become the first Australian financial institution to launch open banking, which lets customers to allow third parties – like accounting software and fintech apps – to take a feed from the bank for seamless take-up of new services. Macquarie has taken the initiative while the government is conducting a review into how it could force the Big Four to play ball. Read more here.
3. The exec driving the move to cloud computing has departed the Australian Taxation Office. The AFR reports assistant commissioner for service operations Craig Fox has resigned after 34 years with the organisation. The ATO is in the midst of moving from its own servers to outsourced cloud servers hosted by Amazon Web Services and Macquarie Cloud Services, which will allow it to scale faster in times of high demand and fix problems easier when outages come up.
4. The CSIRO is cutting jobs from the lab that famously invented wi-fi. iTnews reports the cuts are part of a wider round of 57 terminations that mostly impact the organisation’s minerals and resources teams. The 15 positions to wind up at the Marsfield lab are from the communications systems group within the cyber-physical systems program.
5. Social media trolls and pests should be recognised as having a clinical disorder. That’s the view of Flinders University researcher Dr Mubarak Rahamathulla, who says society doesn’t yet recognise “the multi-dimensional, complex problems of individuals with internet addiction disorder”. Read more here.