Category: Automation Impact on Jobs

Times of Malta Comment Policy

Times of Malta Comment Policy

One of the fathers of the US Constitution, James Madison, famously wrote that a democracy could not flourish if its people was ignorant; it could only end in farce, tragedy, or both. He had in mind both access to news and knowledge of constitutional rights and freedoms, and why they needed safeguarding.

So the process of constitutional reform here will hopefully mean that we not only change what needs to be changed for the better, but also ensure greater public awareness of constitutional values. Some things are worth reflecting on even if we have no intention of changing them.

The reason […]

Who will benefit from innovative technologies?

Who will benefit from innovative technologies?

Innovative technologies will allow workers to have more time for leisure and personal pursuits, but can also threaten their employment. Photo: AFP In the United States, a computer programmer shared a “trade secret” on an online forum frequented by people in his line of work.

The man said he was hired to do a full-time job of data entry, but instead of doing the job manually, he used a program to automate the work. The one who used to occupy his position had to spend a month to complete the task, but it only took him 10 minutes to finish […]

Will robots steal my job?

Will robots steal my job?

Source: Curtin Business School The answer is: quite possibly, so start planning for it.

The relentless march of technology. The rise of robots. The AI doomsday trap. These aren’t slogans for the upcoming Terminator: Dark Fate , but news headlines that turn up in search results when you Google future of employment .

The big question is no longer whether robots and artificial intelligence will eventually replace us at work, but how and when it will happen. Debate rages. In 2013, a pair of Oxford academics predicted that 47 percent of American jobs could be lost to automation by 2030 […]

AI, Automation, And The Employment Challenge.

AI, Automation, And The Employment Challenge.

In the era of Artificial Intelligence (AI) and automation, there are more jobs that can be done by robots effectively, in a shorter time, with minimum to zero errors. Automation will enable repetitive work to be done by robots or systems efficiently with minimized risks. AI will enable a deeper insight of a vast amount of data for various intelligence applications.

Although AI and automation is able to revolutionize and improve production and service provision, they also come with some “side-effects”. The disruption brought about by automation and AI will make many jobs eventually obsolete, replacing human workers of similar […]

Save the Robots

Save the Robots

New York’s mayor has a plan to address the displacement of workers through automation: Bill de Blasio wants the federal government to enact a “robot tax.” De Blasio’s proposed law stipulates that when a company introduces labor-saving automation, such as a forklift on a loading dock, it would have to pay the federal government five years’ worth of payroll taxes for each worker that the innovation displaces. The employer would have to find new jobs for the workers at their same pay or give them severance. Further, the law would invent a new federal agency to determine which jobs […]

Automation Isn’t About to Make Truckers Obsolete

Automation Isn’t About to Make Truckers Obsolete

HBR Staff/Dong Wenjie/Getty Images Hardly a day goes by without someone suggesting that technologies like AI, machine learning, and robotics will transform the 21st century labor market. A prominent example of this has been in truck driving – an occupation that spans multiples industries and moves over 70% of U.S. freight by weight — which many speculate will see a widespread loss of jobs with the rise of self-driving technology. Some have forecast that autonomous vehicles will eliminate 2-3 million trucking jobs over the next several years. But in looking at the data, we believe that, while the risk […]

The Economic Consequences of Automation

The Economic Consequences of Automation

Yu Haiyang/China News Service/VCG via Getty Images Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers.

LONDON – While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favorably: technology, they say, may destroy jobs in the short run, but it creates new and better jobs in the longer term.

> The Trump Narrative and the Next Recession […]

UK economy has ‘too few robots’, warn MPs

UK economy has 'too few robots', warn MPs

The UK is lagging behind the world’s other advanced economies in the shift to robots and automation in the workplace – putting jobs, businesses and the prosperity of whole regions at risk, according to an influential group of MPs.

MPs on the business, energy and industrial strategy (BEIS) committee said UK firms were losing out to competitors in the rest of the G7 after the government cut support for companies and failed to encourage investment.

Automation of industries from retail to manufacturing promises to revolutionise how businesses operate but also raises the threat of huge job losses as robots replace people […]

Yang gets it: Economic drivers propelled Trump…not racism

Yang gets it: Economic drivers propelled Trump…not racism

(Photo by Win McNamee/Getty Images) A new column by Brian Dickerson in the Detroit Free Press seeks to explain why 2020 Democrat presidential candidate Andrew Yang’s analysis of President Donald Trump’s 2016 victory is important.

Bernie Sanders believes that Trump is a “racist,” “sexist,” and “homophobe.” Pete Buttigieg stated during the September debate that he believes Trump supporters to be racist. Beto O’Rourke said it’s “really hard” to see a 2020 Trump vote as anything other than racism. It would appear that largely, the Democrats running for the White House believe it was hate that elected President Trump.

But Andrew […]

Tech and Digital- The Key Factors Driving Job Demand In The Age Of Robots

Tech and Digital- The Key Factors Driving Job Demand In The Age Of Robots

Technology is actually the strongest force which is going to impact the job demand in the current age of Robots With the advent of the Industrial Revolution 4.0, a lot of processes are getting automated. The efficient usage of AI, Robotics and Machine Learning by the companies have changed the skills we humans need to display to stay competitive with the current technology. How do we up-skill ourselves? What are the exact skills needed to stay relevant in the Industry?

Every time and then, such kind of discussions have surfaced whenever we have observed a huge Industrial shift. It happened […]