Tag: productivity

Should we devise and adopt an economic model which seeks low employment rather than full…

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Should we devise and adopt an economic model which seeks low employment rather than full employment? We surely need to take advantage of AI and automation to REDUCE work not use it to increase growth and damage the environment. Impact of Technology in Organizations

Artificial intelligence (AI) and automation are two significant fields of technology advancements that enable a machine to think and act like a human being. These technologies are associated with many advantages, is job creation, increased productivity, as well as time-saving. Answer and Explanation: It would be better to plan and adopt […]

Fourth Industrial Revolution and (unwarranted) pessimism over jobs

Fourth Industrial Revolution and (unwarranted) pessimism over jobs

Ever since Homo erectus carved a piece of stone into a tool, the welfare of our species has been on the increase. Indeed, this technological breakthrough led first to the hand axe and eventually to the iPhone. We have found it convenient to organise the most dramatic period of change between these inventions into four industrial revolutions.

As each revolution unfolded, dire predictions of massive job losses ensued, increasing with each. The first three are over and these concerns were clearly misplaced. The number of jobs increased each time, as did living standards and every other social indicator.

McKinsey predicts that […]

Listen to OZY’s New Podcast About the Future of the Workplace

Listen to OZY’s New Podcast About the Future of the Workplace

In a new five-part podcast, The Future of X: The Workplace , in partnership with Smartsheet, OZY paints a picture of the workplace to come, from productivity and privacy to social enterprise and the rise of gamification. Listen up on OZY.com , Spotify , Apple or wherever you prefer to stream your audio.

You’ve heard the horror stories. Humans, as a future workforce, are facing extinction. The robots are coming! No job is safe! The prospect of this kind of impending robot revolution can seem daunting.

Fifty years from now, machine learning and artificial intelligence will interact with our lives […]

We’d Better Be Ready To Rethink The Meaning Of Work, Because Things Are Changing Fast

We’d Better Be Ready To Rethink The Meaning Of Work, Because Things Are Changing Fast

Ford assembly line (1913) Author unknown – Public Domain One of the topics I explore in my new book, “ Viviendo en el futuro ” (“Living in the future”, hopefully soon to be published in English) is the rapidly changing nature of work: within a few years so many jobs we have become used to over the last century will disappear as we automate more and more tasks.

Take supermarket cashiers: soon, they will soon join the ranks of workers no longer needed on assembly lines such as the one above from a 1913 Ford plant, the prototype of dehumanizing […]

Automating A Job Reddit

Automated underwriting software allows workers to process applications more quickly than before, reducing the need for as many underwriters. The automated, hyper-efficient shop floors of modern manufacturing won’t give Trump much room to deliver on his outsized promises to bring back millions of jobs for his blue-collar supporters. Scripting custom tools to automate material layouts and cost estimates while creating a scale diagram to add to the construction documents for installers. #HBO #VICEonHBO Subscribe to the. Feb 25, 2018 · How To Automation-Proof Your Career. A resume parser cuts your resume into smaller chunks and then categorizes these into […]

WILL MAN ALWAYS FEAR THE MACHINE?

WILL MAN ALWAYS FEAR THE MACHINE?

Throughout history, people have often felt threatened by machines. With every technological innovation that offers faster and more accurate options, there has been a bleak picture for jobs and employment. Yet, here we are today, having survived the massive automation of the industrial revolution and the age of computerization. The industrial revolution transformed the rules of economics, employment and the face of society. Then came computerization, which, despite our skepticism, is now an intrinsic part of our lives. Interestingly, what both of these revolutions ushered in was a focus on and an expectation of increased efficiency.

So, will the Artificial […]

Learning From Automation Anxiety of the Past

Learning From Automation Anxiety of the Past

Much like during the industrial revolution, today’s automation anxiety is entirely justified. But history shows us that the real challenge lies in the sphere of policy, not technology. On the night of April 24, 1907, New York’s lamplighters left the lights out and went on strike. The 25,000 gaslights that normally kept the streets of Manhattan bright at night were never lit. As it grew darker, complaints from impatient New Yorkers to the local police poured in, but with little effect. Even by 9 p.m., the only bright public spots were a few transverse roads in Central Park, which […]

Can Robots Take Away Our Jobs? Here’s How Indian Employment Market Will Change with AI-driven Revolution

Can Robots Take Away Our Jobs? Here's How Indian Employment Market Will Change with AI-driven Revolution

A new book, titled ‘Bridgital Nation: Solving Technology’s People Problem’, claims that 90 million individuals will join India’s working-age population between 2020 and 2030, which is “the single largest mass of people to come of working-age in any country that decade”. And if you thought this increasing competition at the job market (which is already in a bad condition) is a cause of concern, the authors of the book N Chandrasekaran (the chairman of Tata Sons) and Roopa Purushothaman (chief economist, Tata Sons) also point out that advancement of technology and the evolution of AI will also play a […]

Why are we stuck with a 40-hour work week?

Why are we stuck with a 40-hour work week?

Careers Image: © taniasv/Stock.adobe.com Though we have the tools and technology to work less and live better, we have yet to reach this vision for society. Toby Phillips explains why.

In 1930, a year into the Great Depression, John Maynard Keynes sat down to write about the economic possibilities for his grandchildren. Despite widespread gloom as the global economic order fell to its knees, the British economist remained upbeat, saying that the “prevailing world depression … blind[s] us to what is going on under the surface”.

In this essay , Keynes predicted that in 100 years’ time (ie 2030), society would […]

Robots, automation and AI, oh my!

Robots, automation and AI, oh my!

Last month, participants in Columbus VC firm Drive Capital’s second robotics and automation summit spent the day exploring the future.

Whether it was robots that deliver packages, using ant colonies to inspire a redesign of supply chain, or software that simplifies industrial robot programming, those attending Devol’s Dance — including startup founders, executives, investors and thought leaders — shared ideas about the world we’re shaping.

Drive Capital Partner Chris Olsen says he remembers the days of technology investing, where as part of due diligence, you looked in server rooms to see how they racked and stacked their hardware.“Then you could get […]