Think SA’s unemployment is bad now? Automation could kill another 4.5m jobs – expert

Think SA’s unemployment is bad now? Automation could kill another 4.5m jobs – expert

JOHANNESBURG — This article takes a rather realistic (and possibly even bleak) look at how 4IR tech, such as automation, could eliminate millions of jobs in South Africa. While I have no doubt that automation will create new jobs that we haven’t even heard of yet, what’s clear is that highly skilled workers will be able to adapt while low-skilled workers may find themselves unemployed in huge numbers. This will hit South Africa hard as our government has, quite frankly, failed in sufficiently skilling up the majority of the country’s population for the 21st Century. This article should serve […]

AI will force millions to switch careers over the next two decades: PwC

AI will force millions to switch careers over the next two decades: PwC

AI will not result in large-scale unemployment, but it will force millions to retrain and switch careers over the next 20 years, according to a report by PwC.

The report found that AI will create around the same number of jobs as it destroys, dismissing previous fears that it would lead to rampant unemployment. However, it also found that there will be “winners” and “losers”, with some industries seeing significant decline in jobs while others will see a rise.

“Major new technologies, from steam engines to computers, displace some existing jobs but also generate large productivity gains,” […]

Are we the robots taking our jobs?

Are we the robots taking our jobs?

Beyond the scare bait, the future of work is an issue of critical importance to Australia’s future prosperity and social wellbeing – and education is at its core.

"Rather than robots stealing our jobs, are we just training people to be more like robots – technically proficient but not necessarily socially skilled?”

A successfully integrated school, VET and higher-education system can ensure Australia has a workforce equipped for the vocational and professional challenges of the future. This is a critical policy issue for business and government – and the subject of vexed political debate in Australia.It is true the […]

What’s the tech industry’s responsibility in an era of robotics-driven unemployment?

What’s the tech industry’s responsibility in an era of robotics-driven unemployment?

The mainstream media has grown increasingly concerned about robotics and its potential impact on employment. As is often the case, there’s some hype at work: maybe a bit too much willingness to believe marketing materials, perhaps a bit of conflation with other technological advances. But the broader point is largely legitimate. In the coming years, at a pace that we can’t accurately predict, many millions of the remaining jobs that don’t require advanced education will disappear.

Already, factories run with far fewer people than they once did, and they are moving inexorably toward lights-out operation. Unexpected business pressures — spiking […]

Employment and Social Developments in Europe: 2018 review confirms positive trends but highlights challenges, in particular linked to automation and digitalisation

Today, the Commission has published the 2018 edition of its yearly Employment and Social Developments in Europe (ESDE) review.

This year’s edition confirms the ongoing positive labour market trends as well as an improving social situation. The numbers of people in employment reached new record levels. With almost 238 million people having a job, employment has never been higher in the EU. In 2017 over three and a half million more people were in employment, compared with 2016. However, while the number of hours worked per person employed has grown in recent years, they are still below the 2008 levels. […]

Is Artificial Intelligence a threat to your Job?

Is Artificial Intelligence a threat to your Job?

New technologies bring innovations, in business, and change the course of the work being done. But does a technical revolution bring shift in employment patterns too?

The Industrial Revolution which began in the 18th century was a transition to new manufacturing processes characterised by new inventions. The industrial revolution effectively increased the output levels and also saw improved systems of transportation, communication and banking. But the Industrial Revolution also took some key sacrifices, the change destroyed traditional jobs, but it also created new ones. The technology of the Industrial Revolution helped in discoveries of the modern industrial marvels and gave […]

Robots to make life grim for the working class

Robots to make life grim for the working class

Economists warn that routine tasks like assembly-line manufacturing or traditional office work are increasingly automated.

Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared:

The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do.Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are […]

Robots Portend Grim Future for Working Class: Viewpoint

Robots Portend Grim Future for Working Class: Viewpoint

Email This Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared:

“The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do.”

Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a […]

Tech advances will make life grim for the working class

Tech advances will make life grim for the working class

Marc Andreessen, venture capitalist and one of the pioneers of the World Wide Web, once declared: “The spread of computers and the Internet will put jobs in two categories: people who tell computers what to do, and people who are told by computers what to do.”

Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a world filled with […]

Robots Are Poised to Make Life Grim for the Working Class

Robots Are Poised to Make Life Grim for the Working Class

Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared : The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do. Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a world […]