Richard Branson: Future of Work Is “Three and Even Four Day Weekends”

Richard Branson: Future of Work Is “Three and Even Four Day Weekends”

Work Hard, Play Hard

British billionaire Richard Branson — the Virgin CEO who drove a tank through New York City and crossed the English Channel in an amphibious vehicle — thinks we’re all working a bit too hard.

If we all worked “smarter, we won’t have to work longer,” he tweeted Wednesday . In an accompanying blog post , he argued that innovations like self-driving cars and drones will cause more jobs to be taken over by robots.“Could people eventually take three and even four day weekends?” he wrote. “Certainly.” Billionaire Club Branson isn’t the only one who believes the […]

Skills for the 21st century

Brookings scholar Harry Holzer just released an interesting short piece analyzing the potential impact of artificial intelligence on job displacement; in it, makes five recommendations for mitigating AI’s impact on middle-class job opportunities. Educators at all levels should teach noncognitive skills, while continuing to foster narrower, in-demand technical skills that are connected to immediate employment opportunities. Image via Twenty20. Summarizing OECD data on the topic, Holzer estimates that between 10 and 30 percent of US jobs are susceptible to partial or complete automation, with lower-skilled occupations at a much higher risk of complete displacement by AI. Higher skilled jobs […]

Richard Branson: Future of Work Is “Three and Even Four Day Weekends”

Richard Branson: Future of Work Is “Three and Even Four Day Weekends”

Work Hard, Play Hard

British billionaire Richard Branson — the Virgin CEO who drove a tank through New York City and crossed the English Channel in an amphibious vehicle — thinks we’re all working a bit too hard.

If we all worked “smarter, we won’t have to work longer,” he tweeted Wednesday . In an accompanying blog post , he argued that innovations like self-driving cars and drones will cause more jobs to be taken over by robots.“Could people eventually take three and even four day weekends?” he wrote. “Certainly.” Billionaire Club Branson isn’t the only one who believes the […]

With AI integration, Skilled Jobs will soon be in Demand

With AI integration, Skilled Jobs will soon be in Demand

Global Artificial Intelligence market is poised to grow at a CAGR of above 35 pc during the forecast period 2015 to 2022. Mr. Jayant Joshi, Managing Director, RS India – A Swiss Precision and Assembly Unit. A study report from World Economic Forum says that Robots will handle as much as 52 pc of the work tasks by 2025. Notable is that Robot revolution is popularizing at a fast pace all over the world and India is no exception to it. A US-based HfS Research predicted that India’s IT services industry will lose 6.4 lakh “low- skilled” jobs to […]

Worry about future work

Worry about future work

By Jim Poling Sr.

It was a long time ago, but I was an elevator operator once. That was back in the days when elevators were not push-button automatic and needed a human to guide them from floor to floor with a physical hand control lever.

It was only a part-time thing. I was bellhop in a hotel and was required to relieve the regular operator during her lunch or dinner. It was wonderful work. You had the challenge of making swift but smooth rides without jerky stops and starts. And, you had to align the elevator cage floor exactly with […]

Collaborative robots: the affordable automation solution for Indian MSMEs

Collaborative robots: the affordable automation solution for Indian MSMEs

Image credit: blueprint.cbre.com An IFR report states that a new record high of 381,000 collaborative robot (cobot) units were shipped globally in 2017, which is a 114 percent growth in the period 2013–2017. In sync with this global trend of the rapidly rising use of robotic process automation (RPA), even the small and medium scale enterprises (MSME) sector in India is witnessing a steadily increasing penetration of robotics.

The layperson thinks of a robot as a mechanical humanoid creature which may or may not be intelligent, but from the perspective of process automation, robotics comprise mechanical non-intelligent arms and bots […]

The media is becoming more positive about AI, and it probably should

I would more readily label myself, if forced, as a technology optimist rather than pessimist. So I very much like this chart from the new AI Index report : Now I am not sure what explains the upturn. My guess is the “AI will take all the jobs” story is a natural first impulse for a society raised on sci-fi showing supercapable computers and robots. (Probably also “AI like Skynet will destroy humanity.) But many economists and technologists have since pushed back on that idea, and maybe their arguments are taking root. (And I have done a considerable bit […]

Freelancers, Brexit and robots: prepare for a changing workforce in 2019

Freelancers, Brexit and robots: prepare for a changing workforce in 2019

Finding ways to communicate with freelance and gig workers will be essential in 2019 The workforce has been through some monumental changes in the past few years.

This is mostly because of technological advances such as social media, automation and instant messaging creating brand new jobs, new ways of working or doing away with work completely. However, all of that is going to pale in comparison compared to what’s in store, both in 2019 and the long run. We’re in a new industrial revolution and just like the previous ones, the workforce is set to be transformed.

So how can business […]

Don’t let automation tomorrow distract from pay today

Don’t let automation tomorrow distract from pay today

CC0 Creative Commons As you may have heard, horrifying studies say Las Vegas is one of the most likely places in the solar system for automation to replace oodles and oodles of jobs. Because jobs in hotels and travel and food service are among those most likely to be automated.

For example, a famous study from Oxford researchers a few years ago that said up to half the jobs in Las Vegas could be robotted right out of existence by the early 2030s. Pricewaterhouse Coopers followed up by predicting automation will all but eliminate retail jobs (the second largest occupation […]

The most important job in the world is one no one wants anymore

This story is part of What Happens Next , our complete guide to understanding the future. Read more predictions about the Future of Aging .

A lot of caregiving policy feels like it was written in the 1950s—because it was.

Our system of caregiving was built for a time when the economy functioned on women’s unpaid labor. In the 1960s, when Medicare was created , just over one third of women participated in the workforce. As most women were full-time homemakers who stayed home to cook, clean, and care for the children and grandparents, the social safety net didn’t need […]