Driverless haul trucks rumble over trails at Rio Tinto’s Mine of the Future in Western Australia. Ned Ludd never drove a truck. They didn’t exist in 1779 when, folklore says, he smashed a weaving machine in a “fit of passion.” This the young Englishman did after being beaten by his boss for idleness, or simply being told by his father, also a weaver, to “square his needles”—the accounts of the long-ago event vary. Indeed, Ludd the man may never have existed, but in the next century, textile workers who protested the introduction of job-killing machinery, sabotaging a lot of […]
JABER ALSABAH WRITES — At the 2018 World Economic Forum in Hanoi from September 11 to 13, experts warned that technological advancements such as automation could result in employment losses for roughly 6.6 million workers.
Automation is the use of machines and technology to make processes run without manpower. For example, automobile assembly lines would require fewer people to build cars.
This prediction is of particular relevance to countries such as Vietnam, Indonesia and Thailand, where manufacturing relies heavily on millions of flesh and blood workers. According to Phu Huynh of the International Labor Organization, workers most affected by automation would […]
Kettering University students will try to answer the question “How do you create new jobs when white collar jobs have been displaced due to automation?” in a new competition sponsored by the Hyundai Center for Robotic-Augmented Design in Living Experiences (CRADLE).
Kettering’s School of Management is hosting the competition, and students in majors across the University are competing.
“It’s a really cool opportunity for younger generations that are still learning a lot and will grow up in field of automation,” said Emily Kurburski ’20. “It’s understanding how we’re going to learn to adopt it in industries and teach people across different […]
The WEF has a prediction that should get people’s attention because of the rapid entry of smart machines into the workplace. According to the experts, the world of employment is about to experience a revolution because of computers, robots and automation, and humans will find themselves priced out by machines that are cheaper and don’t require lunch breaks.
See the full report here: The Future of Jobs Report 2018 .
The report says that millions of new jobs will be created to replace the ones lost, so not to worry, except that those new jobs will require technical training. Retraining employees […]
Re-skilling the existing workforce and developing technology skills in students should be made national priority.
A manufacturing line at Dell India’s facility at Sriperumbudur. The ‘Make in India’ vision is grand: Prime Minister Narendra Modi hopes to create 100 million jobs by 2021 and spur the development of middle class that will power the Indian economy in the near future. This ambitious program is designed to turn the subcontinent into a “global manufacturing hub” and increase jobs by providing a fresh impetus to the economy. Running high on this momentum, the government geared the union budget to aid […]
Robots are common in car production: VW production line in Puebla, Mexico. © Lossie/picture-alliance/dpa
Evermore industrial robots are being used in Mexico, where the potential for automation is great. To what extent robots will really replace low-wage labour remains to be seen however.
Mexico has historically been a low-wage economy. In the past, the USA’s southern neighbour mostly attracted foreign investors with low production costs which basically resulted from cheap labour. Among the members of the OECD (Organisation for Economic Co-operation and Development), a club of advanced economies, Mexico has the lowest minimum wage. It is a mere 88.36 pesos per […]
Agriculture will be the hardest hit sector as about 6.6 million labourers will be made redundant by 2028. (Photo: VNA)
Jakarta (VNA) – Some 28 million labourers in ASEAN’s top six economies are likely to become unemployed due to digital transformation and acceleration of the Fourth Industry Revolution.
In the Report “Technology and the Future of ASEAN Jobs”, experts forecast that artificial intelligence (AI) in software, hardware and robotics will change the employment landscape among ASEAN’s six largest economies of Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand.
Agriculture will be the hardest hit sector as about 6.6 million labourers […]
1 of 6Visitors watch a robot performing at the China International Industry Fair in Shanghai, Wednesday, Sept. 19, 2018. China’s No. 2 leader appealed Wednesday for support for free trade and promised to improve conditions for foreign companies following tit-for-tat U.S. and Chinese tariff hikes in an escalating battle over Beijing’s technology Photo: Associated Press 2 of 6An Autonomous Container Trailer transports a cargo container to the baggage holding area during a test drive at Changi International Airport in Singapore, on Tuesday, July 17, 2018. The airport, voted the world’s best for the past six years by Skytrax, is […]
Is artificial intelligence really poised to devastate China’s labor market? That’s a question on which tech luminary Kai-Fu Lee and consultancy PricewaterhouseCoopers (PwC) seem to disagree.
On Tuesday, the current Sinovation Ventures CEO and former Apple, Microsoft, and Google executive wrote a commentary for Bloomberg Opinion in which he predicted that the developing world — and China and India specifically — would struggle to cope with new technology. But the same day, a PwC report suggested that artificial intelligence could actually create nearly 100 million new jobs in China over the next two decades.
Lee asserts that countries like China have […]
Well, it doesn’t look like robots will be taking over most of the jobs in the automotive industry. At least not yet.
According to a report by Automotive News Europe based on data gathered by Bloomberg , employment in the auto industry continues to grow despite automation, thanks in large part to a boom in research and development.
“There’s been a lot of growth in emerging markets, especially China, so that’s one reason automakers are adding staff,” Bloomberg Intelligence analyst Steve Man explains. “More staff is being added on the R&D side, with the push for autonomous, electric, connected vehicles.”Man added […]