Tag: Services

How Women Can Advance In The Highly Automated Workplace Of The Future

How Women Can Advance In The Highly Automated Workplace Of The Future

There is potential for women to advance in the workplace if they are prepared for a more automated future. (Photo credit: Getty) Getty

The bots are coming. Automation is already starting to replace jobs. Robots and computers are not only taking over routine physical work activities, but they can now tackle more complicated tasks like driving and sensing emotions. And they’re cheaper than humans too. As a result, research suggests that about half of the work humans currently do will be automated by 2055. But how will female employees fare in our automated future? A new McKinsey study found that […]

Automation is Here. How Are You Leveraging It?

Automation is Here. How Are You Leveraging It?

Automation Technology 5558c5b706074 CPA firms are in the midst of a transition. For years, research firms and thought leaders have been predicting the disruption of the profession through automation. That disruption isn’t a vision for the future – it’s here now. In 2017, Gartner has forecast a transition period, lasting through 2020, in which AI would eliminate 1.8 million jobs. However, it also predicted the creation of 2.3 million jobs.

Currently, technology is creating ever-expanding opportunities for automation in accounting firms and changing the expectations of clients, employees and partners. So right now, we need to decide how we will […]

Automation and jobs: The risks women face

Automation and jobs: The risks women face

The report also states that women could gain 20% more jobs in the wake of technology-driven growth, outperforming men by 1%. (Reuters photo) The inevitability of automation in the workplace has long triggered fears of human redundancy. In its third report on automation and the future of work, McKinsey Global Institute analyses how the march of artificial intelligence and machine learning impacts women’s employment.

Its findings, from studying a mix of ten mature and emerging economies, including India, are rather bleak. The report estimates that an average of 20% of working women in these countries (a total of 107 million) […]

Universal Basic Income, Automation and the Future of Jobs

Universal Basic Income, Automation and the Future of Jobs

The nature of work has changed dramatically since the 1950s.

In that glorious post-war period, work was primarily a man’s purview, while women did so-called "invisible" work – taking care of children, maintaining the home and cooking.

It wasn’t unusual for a man to retire 40 years laterfrom the same employer he started with. That employer picked up the worker’s health and life insurance, and some employers even paid school tuition for their workers’ children. There was a sense of continuity. The 1950s Source: Pixabay Welcome to today. It’s rare for a worker to stay at a single job for longer […]

Automation to disproportionately affect women in healthcare

Automation to disproportionately affect women in healthcare

An emergency department in 2030 is poised to look much different as automation takes hold, and those changes are likely to disproportionately affect women in healthcare, according to a new report.

Automation will displace as many as 1 in 4 female workers across all sectors, or 160 million women, but that will be offset by an increase in demand and productivity, according to a new report from the McKinsey Global Institute. That does not account for "frontier" jobs that one could not even imagine today, said Kweilin Ellingrud, a senior partner at McKinsey and co-author of the report.

"It is scary […]

What is the fifth industrial revolution and how will it change the world?

What is the fifth industrial revolution and how will it change the world?

New technology is just the tip of the fifth industrial revolution iceberg (Picture: Brittany Hosea-Small/AFP/Getty Images) There were nearly two centuries between the first and second industrial revolutions.

We’re now living in either the third or fourth industrial revolution (also known as Industry 4.0), depending on who you talk to, and we’re ‘on the cusp’ of the fifth one.

With the third only fully getting underway in 2012, according to the Economist , that’s a lot of industrial revolutions for a decade.The first mechanised the textile industry, the second created the means for mass production and the third is around the […]

High Oxford researcher talks the chance of automation on employment

If you’ve been following the conversation about technological unemployment and the threat of robots and A.I. stealing jobs, you may have come across the prediction that 47% of current jobs in the U.S. are at risk of automation. That figure comes from a widely cited 2013 paper, titled “The Future of Employment.”

One of that paper’s co-authors, Dr. Carl Benedikt Frey, has now expanded on the thesis in a new book. Frey is co-director of the Oxford Martin Programme on Technology and Employment at the U.K.’s prestigious Oxford University. His new book, The Technology Trap: Capital, Labor, and Power in […]

Why AI Will Redefine (Not Replace) Jobs

Why AI Will Redefine (Not Replace) Jobs

Artificial intelligence (AI) is cascading out of the lab and into the real world. It is being applied in many fields, from health care and warfare to creditworthiness

In business, it seems that talk of the imminent dominance of AI is inescapable. Yes, it is beginning to transform the way organizations operate in substantial ways, but there is one thing that AI cannot do: be human.

And there is tremendous value in that because the study of AI is, essentially, a study of ourselves. I like computer scientist and CEO Sebastian Thrun’s perspective on AI: “Nobody phrases it this way, […]

The AI gig economy is coming for you

The AI gig economy is coming for you

Mary Gray On Wednesday, the Guardian published an article about the realities of producing Google Assistant. Behind the “magic” of its ability to interpret 26 languages is a huge team of linguists, working as subcontractors, who must tediously label the training data for it to work. They earn low wages and are routinely forced to work unpaid overtime. Their concerns over working conditions have been repeatedly dismissed.

It’s just one story among dozens that have begun to peel back the curtain on how the artificial-intelligence industry operates. Human workers don’t just label the data that makes AI work. Sometimes humans […]

Automation isn’t about giving in to the robots

Automation isn’t about giving in to the robots

Future workplaces still need those high skill jobs credentials to make it happen Image Credit: Hugo A. Sanchez/©Gulf News We’ve all heard the warnings of an impending dystopian future.

According to Deloitte, an estimated 35 per cent of UK jobs are at high risk of automation in the next 10 to 20 years, while in the past 15 years technology already contributed to the loss of over 800,000 jobs. Market research firm Forrester predicts 6 per cent of US jobs will be lost to robots and automation by 2021, with the main losses being felt in transportation, logistics, customer services, […]