Author: automata

People would blow Universal Basic Income on ‘lots of drugs’, top Tory claims

People would blow Universal Basic Income on 'lots of drugs', top Tory claims

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People would blow a Universal Basic Income on “lots of drugs”, the Tory candidate for London mayor has claimed.Shaun Bailey has been accused of “contempt” for families after making the argument against paying everyone a sum of money […]

Interchange – UBI and Utopia: Part Two of the Automation Ruse

Interchange – UBI and Utopia: Part Two of the Automation Ruse

Podcast: Play in new window | Download (Duration: 59:01 — 81.0MB)

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Part One of “The Automation Ruse” aired on February 9th and featured author Jason E. Smith whose new book, Smart Machines and Service Work , is subtitled “Automation in an Age of Stagnation,” and it’s that crisis of stagnation that propels us into today’s conversation with Aaron Benanav, a researcher at Humboldt University of Berlin and an economic historian whose new book is Automation and the Future of Work , published by Verso.Benanav centers his work first on the slowing of growth and productivity and challenges what […]

Isle of Wight Greens lay out budget hopes

Isle of Wight Greens lay out budget hopes

Green Party: Vix Lowthion SUPPORT for local businesses and cheaper, more accessible public transport, is what the Isle of Wight Green Party would like to see in today’s budget.

Nationally, the Green Party has urged Chancellor Rishi Sunak to use the budget to make sure the biggest polluters pay for the carbon they emit at great cost to us all.

The Greens put forward their proposals to shift the economy towards more urgent climate action while also ensuring support is provided to those who are suffering the most during the Covid crisis.Central to these plans is an upstream carbon tax which […]

The future of work is already here, but how fair is it?

The future of work is already here, but how fair is it?

(Image credit: Image source: Shutterstock/Rawpixel.com)

In 2003, the cyber fiction writer William Gibson coined the intriguing phrase; “The future is already here, it’s just not very evenly distributed”. When it comes to the workplace, this statement most certainly holds true. There is so much to be excited about as technology continues to evolve and be integrated into our workplaces: whether it be the ever-expanding capabilities of robotics, the rise of artificial intelligence, or the introduction of other intelligent technologies. But as with any great societal change, opportunity for some spells uncertainty for others. The integration of automation in organizations […]

These senators are calling for continued financial relief through the economic recovery for American families

These senators are calling for continued financial relief through the economic recovery for American families

A participant tapes a sign to her car before an Aug. 6, 2020, caravan rally on the Las Vegas Strip in support of extending $600 unemployment benefit.

Bridget Bennett | AFP | Getty Images

Capitol Hill lawmakers are working on a new coronavirus relief bill that would include new $1,400 stimulus checks and expanded unemployment insurance.Now, one group of senators is calling for the government to take that one step further and provide recurring stimulus checks and automatic unemployment insurance extensions as the economy recovers.“This crisis is far from over, and families deserve certainty that they can put food on the […]

Tory London mayor hopeful says basic income would be used for ‘lots of drugs’

Tory London mayor hopeful says basic income would be used for 'lots of drugs'

The Conservative candidate for London mayor, Shaun Bailey , has been criticised for arguing people paid a universal basic income (UBI) would blow the money on “lots of drugs”.

Liberal Democrats and Green party on the London Assembly have been pushing for a trial of the UBI scheme, in which the state would grant all citizens a set sum of money on a regular basis, regardless of economic status.

However, speaking to the Assembly’s economy committee on Tuesday, Bailey said the idea needed to take “human condition” into account.He said: “I’ve been a youth worker for over 20 years. I know […]

AI and jobs: Evidence from US vacancies

AI and jobs: Evidence from US vacancies

Artificial intelligence (AI) refers to algorithms that act intelligently , by identifying patterns in unstructured data (for example, speech or image data), and then use this information to accomplish tasks that would normally require human judgement or expertise. The last decade has witnessed rapid advances in AI based on new machine learning techniques and the availability of massive data sets. The pace of change is expected to increase in the years to come (e.g. Neapolitan and Jiang 2018, Russell 2019), and AI applications have already started to impact businesses (e.g. Agarwal et al. 2019).

Some commentators see this as a […]

Coming Out Ahead With Smart Processes

Coming Out Ahead With Smart Processes

During a recent interview with Dr. Tim Rodgers that focused on supply chain management, the conversation also touched on smart factories. We’ve included Tim’s insights on smart processes here.

Dr. Tim Rodgers is a faculty instructor at the University of Colorado Boulder, Leeds School of Business. Before joining the faculty at Leeds, Dr. Rodgers worked in a variety of senior positions in operations and supply chain management at both multinational corporations and mid-sized companies.

Barry Matties: Do you see automation as the big equalizer here in America? There’s got to be a push for this as we’re seeing smart factories, […]

Your vote matters

Your vote matters

Blogs A man cast his vote on a ballot box during the parliamentary and provincial elections at Chautara in Sindhupalchok District November 26, 2017. Photo: Reuters TOPICS

MARCH 01

In a democratic system, a citizen has various responsibilities and duties towards a nation.Voting is one of them. In order to represent our ideas, to be a part of the decision-making process and make our voices heard, it is indispensable to take part in the ballot. Voting makes a difference in ensuring better healthcare, childcare, education, transport, roads and basic income.However, lack of awareness about the importance of polls, inability […]

As Retirement Income Needs Grow, DC Plan Sponsors Weigh Solutions

As Retirement Income Needs Grow, DC Plan Sponsors Weigh Solutions

As more plan participants worry about retirement income security, demand for guaranteed income solutions is growing—and plan sponsors are pondering the options. While there are many ways to measure the benefits, we believe that some approaches—like in-plan and default options—have distinct advantages.

In response to the far-reaching economic impact of COVID-19, many plan sponsors have intensified their focus on critical priorities like handling furloughs and making emergency distributions. As conditions slowly return to normal, we expect renewed emphasis on plan design to tackle a top-of-mind issue: retirement income security.

Lifetime-Income Demand Grows…but Adoption Lags Strong demand from plan participants for […]