Artificial Intelligence will take your job, and that’s no bad thing

Artificial Intelligence will take your job, and that’s no bad thing

Basic and routine tasks will be done by AI and automation in the near future (Source: Getty) Earlier this week, a report from the World Economic Forum predicted that robots, automation and artificial intelligence (AI) will create 58m more jobs than it displaces. Good news, perhaps, but still, it could be your job that gets displaced.

Without doubt, AI will take over the vast majority of process-driven work within the next 15 years.

Though artificial general intelligence – which would be capable of human-level thought – is still a long way off, with experts yet to agree on a realistic deadline […]

To keep ahead of the machines, human workers need better training

To keep ahead of the machines, human workers need better training

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 […]

REVEALED: The jobs that are set to disappear – as experts warn tens of thousands will be ‘replaced with automation’

REVEALED: The jobs that are set to disappear - as experts warn tens of thousands will be 'replaced with automation'

The future of Australia’s workforce has been revealed in a major parliamentary inquiry – and it’s bad news for professionals.

A report from the Inquiry Future of Work and Workers committee released on Wednesday has revealed thousands of Australians could be out of a job very soon.

Chairman Senator Murray Watt told news.com.au there’s no doubt automation will change industry but there are some jobs that will be completely wiped out by robots – and some of them might surprise you. A major inquiry has revealed that the future of the Australian work landscape is set to chnage as a result […]

The jobs that are set to dissapear in Australia

The jobs that are set to dissapear in Australia

A MAJOR inquiry into the future of work in Australia has revealed the type of job that won’t be around much longer and what skills you will need. AT THE start of the twentieth century, almost a quarter of the Australian population worked in the agricultural sector. Today, that fraction is under 3 per cent.

Australia’s economy is now heavily reliant on the services sector, which represents more than 70 per cent of gross domestic product (GDP) and employs four out of five Australians.

With a changing global economy and massive technology disruption, the future of the Australian workforce and the […]

The jobs AI is creating

The jobs AI is creating

An influx of artificial intelligence is helping address this deficiency – but don’t think robots behind the counter stealing jobs (although ANZ’s own Jamie is pretty cool , even if we do say ourselves). Think simpler – it’s likely, particularly in financial services, AI use will appear largely in the form of things like digital assistants , tools to manage personal finances and automated decisions and offers.

"Jobs will be created which do not exist today as work moves up the value chain.”

Indeed, what goes unreported is the kind of skills workplaces will need when the changes wrought […]

Will an AI Revolution Help or Hurt China’s Labor Market?

Will an AI Revolution Help or Hurt China’s Labor Market?

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 […]

‘There will be massive job disruption’: What the future of work looks like

‘There will be massive job disruption’: What the future of work looks like

worked in the agricultural sector. Today, that fraction is under 3 per cent.

Australia’s economy is now heavily reliant on the services sector, which represents more than 70 per cent of gross domestic product (GDP) and employs four out of five Australians.

With a changing global economy and massive technology disruption, the future of the Australian workforce and the type of jobs that are available will continue to change.“The pace of change is increasing and the countries that manage this change and get out ahead of it will be the real winners,” Queensland Labor Senator Murray Watt told news.com.au.Senator Watt is […]

Report: Employment in auto industry grows despite use of robots

Report: Employment in auto industry grows despite use of robots

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 […]

AI is designed to complement us, not replace us

AI is designed to complement us, not replace us

Artificial Intelligence (AI) is embedding every aspect of technology, with its potential being tapped for significant enhancements across myriad industries.

That’s why it is one of the megatrends that Gartner has identified , with the research touching on the far-reaching effects it could have in a number of its sessions during this week’s Symposium/ITxpo in Cape Town.

While there is genuine excitement across the ICT sector, some are still hesitant of the disruption it will bring forth. More specifically there is concern about the status of jobs, and whether AI will make the vast number of more basic forms of employment […]

Automakers are hiring more people, despite automation robots

Automakers are hiring more people, despite automation robots

Even as many automotive assembly lines look like a scene from a dystopian science fiction movie, with robots performing everything from welding to painting with nary a living, breathing human being in sight, automakers are hiring more people.

That’s according to an analysis published by Bloomberg , which analyzed employment and other data from the 13 publicly traded automakers with at least 100,000 workers at the end of their most recent fiscal years. It found that between the end of 2013 and 2017, 11 of the 13 companies had grown their staffing levels by a combined 3.1 million employees, a […]